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Archive for the 'BUSINESS' Category

ICEYE raises funding, confirms 9 satellite launches by end of 2019

May 24th, 2018 by

ICEYE, an Earth observation company providing synthetic-aperture radar (SAR) data, announced US$34 million Series B funding led by return investor True Ventures and supported by Draper Network VC funds and others.

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United Launch Alliance employees end strike

May 20th, 2018 by

Members of the International Association of Machinists and Aerospace Workers (IAM) have accepted United Launch Alliance’s new four-year contract offer and will return to work after being on strike since 7 May.

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NASA wrestles with what to do with International Space Station after 2024

May 20th, 2018 by

“Lawmakers last week questioned the Trump administration’s proposal to end direct U.S. government support of the International Space Station in 2025, citing concerns about the economic viability of commercial outposts in low Earth orbit. In a pair of hearings before Senate and House panels, NASA’s manager in charge of human spaceflight activities, the agency’s inspector general, and independent experts testified on the future of the International Space Station, and the White House’s plans to discontinue government funding of the orbiting research laboratory.” (Spaceflight Now)

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NATS takes equity stake in Aireon

May 16th, 2018 by

The UK air traffic management service provider, NATS, has announced it has invested in Aireon, the company pioneering a space-based air traffic surveillance service.

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Eutelsat Communications S.A. revenues Q3 FY 2017-2018

May 14th, 2018 by

Eutelsat Communications reported revenues for the Third Quarter and Nine months ending 31 March 2018.

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Maxar Technologies results Q1 2018

May 9th, 2018 by

Maxar Technologies Ltd. (formerly MacDonald, Dettwiler and Associates Ltd.) reported financial results for the first quarter ending 31 March 2018.

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ULA employees on strike

May 7th, 2018 by

The International Association of Machinists and Aerospace Workers (IAM) represented employees at Decatur, Alabama; Cape Canaveral Air Force Station, Florida; and Vandenberg Air Force Base, California, voted to reject United Launch Alliance’s (ULA) contract offer and have elected to go on strike.

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Yahsat set to acquire stake in Thuraya

May 2nd, 2018 by

Yahsat of the United Arab Emirates has entered into an agreement to acquire a majority stake in the mobile satellite services operator Thuraya, also based in the UAE, subject to final pre-closing conditions being met.

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