Earnings & Financial Reporting

On Monday, Dec. 22, Hana Asset Management announced that its "1Q U.S. Aerospace Tech" exchange-traded fund (ETF), the first investment vehicle of its kind in South Korea, has exceeded 50 billion Korean Won (KRW) in net assets. The milestone was ...

LUXEMBOURG — On December 17, 2025, SES S.A. (SES) formally acknowledged a credit rating action announced by Moody’s Investor Service. The adjustment from the ratings agency follows the recent release of the third quarter 2025 financial results for SES and ...

Analysts at Quilty Space have updated its model to include a forecast for Starlink’s broadband-by-satellite division for 2026. Quilty projects revenues of $15.9 billion (€13.6bn), EBITDA of $11 billion, and Pro-forma free cash flow of $4.9 billion. Quilty’s report suggests ...

A new report from the IoT market research firm Berg Insight says that global IoT connectivity revenues increased 12 percent to reach € 14.2 billion in 2024. The monthly ARPU dropped 5 percent to € 0.33. IoT connectivity revenues account ...

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), an international provider of satellite networking technology, solutions and services, has received a $40 million contract for the virtualized SkyEdge IV platform, with delivery anticipated in the next 24 months. Designed with ...

Satellite operator Eutelsat saw its share price fall by almost 12 per cent on its Q3 revenue statement last week. BNP-Paribas, the financial services company, has now issued a report on the satellite operator. Sami Kassab, analyst at BNP-Paribas, headlined ...

According to Novaspace analysis, SpaceX brought in an estimated $11.8 billion in revenue in 2024, with Starlink surpassing the rocket launch business for the first time According to a new analysis from Novaspace, SpaceX generated an estimated $11.8 billion in ...

Analysts at investment bank BNP-Paribas, in a note following the news that CEO Eva Berneke is to be replaced, said that the company’s guidance that reaffirmed the previous expectations for the year’s trading which ends on June 30th is good ...

Satellite operator SES reported its numbers on April 30th but it has now emerged that the company’s O3b mPOWER Mid-Earth orbiting fleet is expected to grow capacity by 30 per cent this year alone, and more in 2026. The additions ...

Satellite giant Intelsat, in the process of being bought by SES, has reported declining revenues across many of its key divisions. Its ‘Transponder Revenues’ vertical, which accounts for video services tumbled 10 per cent, while its In-Flight services division fell ...

Satellite manufacturer Terran Orbital, now owned by Lockheed Martin, is facing a Class Action brought by law firm Levi & Korsinsky (and others) and recently an amended complaint was filed in the Action. In essence, the complaint alleges that Terran ...

According to a recent Bloomberg broadcast, SpaceX is now valued at about $350 billion (€336.2bn). This value has been suggested to split with the Starlink broadband system representing about 65 per cent of SpaceX’s valuation at $227.5 billion and the ...

Investment bank BNP Paribas, in a major study of Europe’s media and media-related activity, has also looked at the wider satellite sector. Analyst Sami Kassab said that satellite operators’ shares had a mixed performance in 2024. That comment might be ...

After obtaining all regulatory approvals, Swisscom has successfully completed the acquisition of Vodafone Italia. Fastweb and Vodafone Italia bring together complementary high-quality mobile and fixed infrastructures, competencies, and capabilities to create a leading converged challenger in Italy: Fastweb + Vodafone ...

From Branislav Pekic in Rome: Digital Terrestrial Television (DTT) in Portugal has been a “costly failure”, currently being used by less than 3 per cent of the country’s population and costing RTP €8 million annually. Speaking before a Parliamentary Committee ...

STV, the Scottish media group, has reported that total revenue rose by 20 per cent to £90.4 million (€107.2m) in H1 2024 (compared to H1 2023) and adjusted operating profit increased by 33 per cent to £10.6 million. Studios revenue ...

In–Flight Communications (IFC) is an increasingly important part of satellite operator’s revenue stream. The likes of Intelsat, SES, Eutelsat and Viasat are all competing to supply broadband communications to every passenger seat. Panasonic Aviation and Thales InFlyt are also directly ...

Deimos is a consortium that recently was awarded one of ESA’s two parallel contracts to define the Spanish Component of the Atlantic Constellation, which is a network of Earth-monitoring small satellites. Credit: Elecnor Deimos Indra has signed a contract with ...

Satellite operator SES has reported €978 million in H2 revenues, down 0.6 per cent y-o-y. 2024 revenue outlook (of €1.94 billion – €2 billion) remains unchanged. CEO Adel Al-Saleh said that the company’s acquisition of Intelsat is “on track” and ...

Satellite constellations are redefining the global maritime communications market over the coming decade after shipping operators adopt hybrid approach. The maritime satellite communication market experienced significant growth in 2023, primarily driven by Starlink's disruptive entry into the market following the ...