Globalstar receives $252M pre-payment from Apple
Satellite communications provider Globalstar reported full-year revenue of $148.5 million, a 19% year-over-year increase. Fourth-quarter revenue also was up 20%...
Strategy and Markets
Rocket Lab Q4 2022 revenue climbs 88% YoY
Launch service provider Rocket Lab on Tuesday reported fourth-quarter 2022 revenues of $51.8 million, an 88% year-over-year increase. The company...
IFC provider Gogo sees record revenue in 2022
In-flight connectivity service provider Gogo reported record full-year revenue of $404 million, a 20% year-over-year increase, with fourth-quarter revenue of...
SES reports $2.1B in earnings for 2022
Satellite communications provider SES today reported full-year 2022 revenues of $2.1 billion, up 9.1% year over year. Adjusted EBITDA increased...
EchoStar anticipates Jupiter 3 launch in Q2
Satellite communications provider EchoStar Corp.’s revenue for the fourth quarter and the full year was essentially flat year over year....
Ericsson to cut 8% of workforce as telecoms market cools
Ericsson AB, one of the world’s biggest providers of 5G networking equipment, plans to cut 8,500 staff worldwide to reduce...
Flat panel antenna market predicted to reach $17B
The global flat panel antenna market is projected to reach $17 billion by 2031, and providers are turning to new...
Eutelsat reports scant revenue growth
Satellite communications company Eutelsat reported revenue of $610 million for the first six months of the fiscal year, up 0.3%...
Iridium revenue jumps more than 24% in Q4
Low-Earth orbit (LEO) communications provider Iridium Communications today reported fourth-quarter revenues of $193.8 million, a 24.3% year-over-year increase and a...
Gilat reports $72.6M in Q4 revenues
Anticipating continued growth in the satellite communications sector, Israel-based Gilat Satellite Networks reported gains in the fourth quarter as well...
