Virgin Orbit reports net loss of $40M
Air launch provider Virgin Orbit’s (NASDAQ:VORB) second-quarter earnings plunged to just $5,000, down from $1.7 million a year ago. Net...
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Army exploring new satcom support contract
The U.S. Army is considering a follow-on contract for satellite communications support services. Satellite Transportable Terminals from the 365th Signal...
Sidus Space Q2 revenues climb 695%
Aerospace and defense company Sidus Space (NASDAQ: SIDU) reported Q2 revenues of $1.9 million, a 695% year-over-year increase. WHY IT MATTERS:...
Elliott takes stake in embattled Aerojet Rocketdyne
Elliott Investment Management, which has a history of bidding for companies in the US defense sector, has bought a sizable...
Rocket Lab sees record 392% revenue surge
Launch provider Rocket Lab (NASDAQ: RKLB) reported record-breaking revenue of $55.5 million for the second quarter, a 392% year-over-year increase...
VP Harris calls for deeper partnership with commercial space sector
With NASA’s Artemis I launch looming later this month, Vice President Kamala Harris is calling for deeper collaboration between the...
MDA lowers guidance after Telesat Lightspeed delay
Space technology provider MDA (TSX:MDA) lowered its 2022 revenue guidance to between $630 million-$650 million Canadian dollars (U.S. $493 million-$509...
Virgin Orbit reports net loss of $33M
Air launch specialist Virgin Orbit (NASDAQ:VORB) on Friday reported a net loss of $33 million for the second quarter. The...
Rocket Lab reports 392% YoY revenue jump
Launch provider Rocket Lab (NASDAQ: RKLB) on Thursday reported second-quarter revenue of $55.5 million, up 392% year over year. With...
Space sector earnings highlight IoT, IFC, financing
While sectors such as in-flight connectivity (IFC), the internet of things (IoT) and cellular services are boosting the space economy,...
