Satellite fleet operator Space Communications (Spacecom) of Israel’s principal shareholders on Aug. 24 said they had agreed to sell the company to a Beijing conglomerate that has created a Luxembourg entity to manage the business for $285 million in cash.
Tuesday's ruling begins with a setback for World View, the Arizona company planning to launch passenger-carrying high-altitude balloons from a taxpayer-funded launch site.
Boeing and a Russian company it was once partners with on the Sea Launch joint venture are in discussions about a settlement to a long-running legal dispute, a deal that could involve cooperation on future projects.
The British Defence Ministry on Aug. 17 said it had exercised an option for a third solar-powered, high-altitude surveillance and communications platform from Airbus Defence and Space, with flight trials to begin in mid-2017.
Satellite fleet operator AsiaSat of Hong Kong on Aug. 17 reported flat revenue for the six months ending June 30 despite increased business in China following Chinese government regulatory approvals.
The U.S. Missile Defense Agency has awarded the Utah State University Research Foundation a contract to continue to research, develop and build state-of-the-art space-based sensors, according to an Aug. 16 announcement from the Pentagon.
Satellite and rocket-component builder OHB SE of Germany on Aug. 17 reported flat revenue but higher profit for the six months ending June 30 and reiterated its full-year revenue forecast based on sales volume late in the year.
The Aug. 15 issue features a cover story on startups looking to make the leap into hyperspectral imaging.
Special coverage of the 2016 Space & Missile Defense Symposium is sponsored by
A SpaceX Falcon 9 rocket on Aug. 14 successfully placed the JCSat-16 commercial telecommunications satellite into geostationary transfer orbit and successfully landed the rocket’s first stage on a drone ship in the Atlantic Ocean.
Satellite broadband services and hardware provider ViaSat Inc. on Aug. 9 sought to deliver a decisive blow to airline-connectivity competitors including Inmarsat, Gogo, Global Eagle Entertainment and Panasonic Avionics.
NASA is casting a wider net in its search for designs of a habitat module that could support deep space missions, awarding contracts Aug. 9 to six companies for a new round of studies.
Satellite and rocket manufacturer Orbital ATK on Aug. 10 said global commercial satellite demand is weaker than the company had expected and would be a drag on its financial results in both 2016 and 2017.
Satellite fleet operator Yahsat of the United Arab Emirates and global in-flight connectivity provider Panasonic Avionics on Aug. 10 said they would jointly explore a future Yahsat-buit mobile broadband satellite constellation over the Middle East.
EchoStar Corp. on Aug. 9 said its recent $1.5 billion in bond offerings, which brought its cash reserve to $3 billion, were intended to provide sufficient liquidity to invest in one or more global satellite projects that it declined to identify.
Aeronautical and maritime satellite connectivity provider Global Eagle Entertainment (GEE) on Aug. 8 reported record installations of its Airconnect gear during the three months ending June 30 and said its newly acquired Emerging Markets Communications (EMC) was key to an order from Avianca Airlines affiliate Avianca Brasil.