Viasat Inc
How satellite connectivity startup Skylo hooked backers such as Intel, BMW and Samsung to raise $37 million
A Skylo base station in assembly. Skylo Technologies Silicon Valley space startup Skylo Technologies landed funding from the corporate venture arms of Intel, BMW and Samsung, as the company aims to bridge the gap between satellite and terrestrial communications. Skylo raised $37 million through an equity round, the company told CNBC, that was led by Intel […]
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Space investment rebounded in 2023 with heavy sector M&A, report says
A long exposure photo shows the company’s fourth Alpha rocket mission launching from California’s Vandenberg Space Force Base on Dec. 22, 2023. Sean Parker / Firefly Aerospace Investment in the space sector bounced back last year, rebounding closer to the record high of 2021, according to a report Tuesday by New York-based Space Capital. “Investment […]
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China to sanction 5 U.S. producers over arms profits to Taiwan
Taiwanese Soldiers stand guard as CM-11 tanks are deployed to a dwell ammunition armed forces drill at an unnamed spot, amid increasing tensions with China, in Hsinchu, Taiwan, 21 December 2021. Taiwan has been dealing with intensifying military threats from China including Chinese PLA warplanes despatched to cruise close to the island, whilst the US […]
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Starlink’s speedy growth and impact has built it an indispensable element of Elon Musk’s SpaceX
Elon Musk’s SpaceX is known for its frequent launches, which now dominate the area business. But the satellites that the rockets send out to space are just as significant for the enterprise as the launches. Starlink is SpaceX’s respond to to offering worldwide, higher-pace web coverage utilizing a community of countless numbers of satellites buzzing all-around […]
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Stocks building the largest moves midday: Nvidia, Goldman Sachs, Lockheed Martin and more
Look at out the firms building headlines in midday investing. Lockheed Martin — The defense enterprise gained about .6% right after it noted third-quarter benefits that defeat expectations. The company posted $6.73 in earnings for every share on $16.88 billion in income. Analysts surveyed by LSEG, previously known as Refinitiv, had forecast $6.67 in earnings […]
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Viasat won’t replace damaged Americas satellite, moves up financial targets
A long-exposure photo shows a trail left by SpaceX’s Falcon Heavy rocket while launching the ViaSat-3 Americas satellite from Florida on April 30, 2023. Viasat Viasat shares rose Thursday after the company said it expects to meet financial growth targets earlier than expected and that it won’t need to replace a damaged $750 million communications […]
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SpaceX’s near monopoly on rocket launches is a ‘huge concern,’ Lazard banker warns
Vikram Nidamaluri, Managing Director of Telecom, Media, and Entertainment at Lazard, speaks during a panel at the World Satellite Business Week conference on Sept. 11, 2023. Michael Sheetz | CNBC PARIS – A Lazard investment banker sounded the alarm about the dominance of Elon Musk’s SpaceX in the rocket launch market, as the industry waits […]
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Telesat buys SpaceX launches for Lightspeed internet satellites
A rendering of Telesat’s low earth orbit broadband constellation. Telesat PARIS – Competitors or not, SpaceX continues to be willing to launch for other satellite internet companies. Elon Musk’s SpaceX signed a hefty deal with satellite operator Telesat, the companies announced Monday. The agreement covers 14 launches of the Canadian venture’s Lightspeed internet satellites. Telesat […]
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Viasat reviews 2nd satellite malfunction in a make any difference of months
An artist’s rendering of an I6 satellite in orbit. Inmarsat A 2nd Viasat communications satellite is malfunctioning in orbit, this time from the fleet of recently obtained U.K.-primarily based Inmarsat, the organization claimed on Thursday. The I6 F2 satellite, which Inmarsat released in February, suffered a failure with its energy system though climbing in orbit to […]
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Viasat revenue grows as investigation continues into malfunctioning $750 million satellite
Viasat offices are shown at the company’s headquarters in Carlsbad, California, March 9, 2022. Mike Blake | Reuters Viasat reported a jump in quarterly revenue Wednesday, as the company continues to investigate its recent satellite malfunction and explores options to make up for some of the service it expected to add this year. The company, […]
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