Recent Finance News
The Purchase of DigitalGlobe is a Distinct Possibility... and MDA is the Suitor
The takeover value would be in the area of $2 to $3 billion...
SpaceKnow Garners Additional Millions in Series A Financing...
SpaceKnow is now the leading provider of targeted industrial and geographical intelligence ...
DigitalGlobe's EO Has AI ... The Eye Has a Brain
Deep learning and AI are turning millions of satellite images of Earth into usable data, helping insurers and aid groups alike to do their jobs.
SoftBank To Market OneWeb Services Across the Globe
The role follows SoftBank’s $1 billion investment in the OneWeb satellite project in December of 2016, part of a $1.2 billion funding round.
Aerojet Rocketdyne Creates 100 New Jobs Continues Expansion in Huntsville, Alabama
The company will produce America’s newest advanced rocket engine, the AR1, in Huntsville, Alabama, resulting in the creation of 100 new jobs.
Thailand's Digital Economy and Society Ministry Studies Satellite Service Industry Reform
The deputy permanent secretary of the ministry, said that the committee would then forward its final decision to the nation's Cabinet in March.
Airbus Sells Shares...in Atlas Elektronik Group
Selling their shares enables the company to focus on its core business.
SES Does Some Heavy Lifting of O3b's Debt... $1.4 Billion
Since acquiring the remaining shares in O3b, SES has refinanced the entire $1.4 Billion of gross debt at a materially lower average funding rate.
GMV is Putting Their Euros Where The ARION 1 and 2 Are Being Developed
GMV will also develop key technology and will work together with PLD Space in the development of the ARION 1 and ARION 2 launchers...
UrtheCast Commits to Supplying Space Hardware and Engineering Services
UrtheCast expects to deliver the related space hardware in the fourth quarter of 2017...
Alphabet Learns Their ABCs Attempting To Sell a Skybox to a Planet
...some jobs would be saved through attrition, employees of Terra Bella would move to Planet, and others may get different positions at Google...
Deep Space Industries Goes Deep to Raise Up New CEO
He established and grew his business from an initial $40K investment to produce $36M in annual income in less than a decade.
Two Canadians C-COM and NSERC Invest $6.1M in R&D of Next Gen Intelligent Mobile Antenna Technology
C-COM will provide total cash funding of $3,055,000 payable in installments until the end of 2020 which will be matched by NSERC.
GEE What A Purchase... Global Eagle Entertainment Shops for a Satellite
"...we’ve actually done a deal with our largest supplier to purchase essentially an entire satellite.”
Sale Of CapRock Communications Completed
Proceeds from this transaction will be used by Harris to pay down debt and return cash to shareholders.
As Van Herck Departs From Newtec The Company Enjoys Revenue Growth
Named to replace Mr. Van Herck by the Newtec Board of Directors is Thomas Van den Driessche...
Israel's Space Agency's Severe Crisis After Amos Threatens National Space Program
“The space industry is in a severe crisis that threatens the national space program ...”
SoftBank Has A Yen For OneWeb
The move is part of SoftBank’s strategy to expand its overseas presence to increase profits, sources said on Saturday.
COMSAT Keeps 'Em In The Air And Coming Back For More... Millions In Biz
multiple AISR customers and additional critical mission sets resulted in COMSAT’s recently fielded state-of-the-art Managed Services Operations Center
Berg Insight Reveals Good Things This Year... Internet Of Things Reaches 11 Billion Euros
“Until recently, the principal financial metrics for IoT has been projected, not actual, revenues."