Satellite News

Orbcomm Inc. announced financial results for the first quarter ending 31 March 2019.

Airbus Defence and Space and Orbital Insight have expanded upon their partnership agreement to create Earth Monitor, a change analysis and insights service which provides situation awareness over archived or newly tasked areas of interest.

The Boeing Company reported first-quarter financial results.

Iridium Communications Inc. reported financial results for the first quarter of 2019.

Singapore Technologies Engineering Ltd (ST Engineering) announced that its subsidiary Singapore Technologies Engineering (Europe) Ltd, has entered into a conditional share purchase agreement to acquire a 100% ownership in Newtec Group NV, an established Belgium-based company in the satellite communications industry.

Shares in Inmarsat Plc jumped 16% after the British satellite operator said it was in talks about a US$3.3 billion cash takeover approach from a private equity-led consortium.

OneWeb said it has secured its largest fundraising round to date with the successful raise of US$1.25 billion in new capital. This brings the total funds raised to US$3.4 billion. This round was led by SoftBank Group Corp., Grupo Salinas, Qualcomm Technologies Inc., and the Government of Rwanda.

Telesat Canada announced its financial results for the three-month and one-year periods ended 31 December 2018.