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SpaceX Targets Friday Launch For Intelsat's IS-40e — Satellite Aimed At Boosting Network Coverage
Thursday, April 6, 2023 - 12:59am | 572Elon Musk‘s SpaceX is looking at April 7 to launch the Intelsat 40e, or IS-40E, mission to geosynchronous orbit. What Happened: SpaceX’s Falcon 9 rocket is expected to launch the IS-40e mission from Space Launch Complex in Florida on Friday to a geosynchronous transfer orbit, the...
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Watch Out, SpaceX! 2 Satellite Rivals Reportedly Near Deal To Create $10B Combo
Thursday, March 30, 2023 - 8:31am | 347Luxembourg-based satellite telecom company SES SA (OTCPK: SGBAF) is in talks with rival Intelsat SA to create a new satellite company. What Happened: SES SA engaged in discussions regarding a possible combination with Intelsat, the company said in a statement. However, at this stage, there is no...
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Fintech Focus For September 7, 2020
Sunday, September 6, 2020 - 4:51pm | 2051Quote Of The Day: Two armies that fight each other is like one large army that commits suicide. - Henri Barbusse Fintech Movers: The European fintech scene has experienced tremendous growth over the last few years. One of the key drivers of this growth is open banking. This is causing financial...
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Why Gogo's Stock Is Trading Higher Today
Tuesday, September 1, 2020 - 10:27am | 172Gogo Inc. (NASDAQ: GOGO) shares are trading higher on Tuesday after it was announced Intelsat is acquiring the commercial aviation business of Gogo for $400 million. Gogo is an in-flight connectivity system and service provider. The company through its subsidiaries offers aero...
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Barron's Picks And Pans: AT&T, Kroger, Virgin Galactic And More
Sunday, February 23, 2020 - 1:32pm | 729This weekend's Barron's cover story ponders the significance of M&A in the financial sector. Other featured articles focus on recent moves by the Oracle of Omaha. Also, the prospects for a heavy equipment maker, a leading telecom, a commercial spacecraft firm and more. Cover story...
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Intelsat Plunges 10% Following Preliminary Q4 Results
Monday, February 22, 2016 - 9:55am | 253Shares of Intelsat SA (NYSE: I) plunged more than 10 percent early Monday morning after the company reported preliminary fourth quarter results. Intelsat said it expects to earn $0.42 per share in the fourth quarter on revenue of $571.3 million. Wall Street analysts were expecting the company to...