Eutelsat’s newly appointed CEO, Jean-François Fallacher, speaking at the Paris Air Show, firmly denied that the satellite operator was in financial difficulties. “Let me correct a misimpression: Eutelsat does not […]
Financial Outlook
Forrester’s Digest: AST, Vodafone European D2D JV
AST SpaceMobile and Vodafone used the Mobile World Congress in Barcelona, as well as AST’s financial results, to outline how they will expand their satellite-based direct-to-device connections to Europe, and […]
Class Action against Terran Orbital updated
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 […]
Terran Orbital reporting year-end cash balance in excess of million$$
Terran Orbital Corporation (NYSE: LLAP) has pre-announced their 2023 year-end cash balance. Terran Orbital expects to report an excess of $70 million in cash and cash equivalents as of December […]
Iridium 2Q 2023 results + a record operational EBITDA
Iridium Communications Inc. (Nasdaq: IRDM) has reported financial results for the second quarter of 2023 and reiterated the firm’s full-year 2023 outlook. Net loss was $30.7 million, or $0.24 per […]