satellite

Amazon.com Inc. (NASDAQ:AMZN) is transforming warehouse workers into satellite technicians through education partnerships as Washington state emerges as the nation’s commercial space hub. What Happened: Three of nine March graduates from Lake Washington Institute of Technology’s...

Several airline companies have added Starlink internet service to their in-flight customers, adding the popular satellite internet offering from Elon Musk's SpaceX company. A new Benzinga reader survey shows airlines that offer Starlink on flights could have an advantage as the internet service is...

Truist Securities analyst William Stein initiated coverage on MACOM Technology Solutions Holdings (NASDAQ:MTSI) with a Buy rating and a price target of $125 on Friday. MACOM Technology is one of the largest suppliers of radio frequency (RF) and similar components. Stein noted that this mature,...

French satellite operator Eutelsat Communications S.A. has risen over 630% since Monday, following President Donald Trump‘s announcement of a freeze in Ukraine’s military aid. What Happened: Eutelsat’s surge comes as the French company is in talks with the European Union to...

Rocket Lab USA Inc. (NASDAQ:RKLB) announced “Flatellite,” during its earnings call amid a weak guidance and fourth quarter earnings report that met analyst expectations. What Happened: During its fourth-quarter earnings call, Rocket Lab’s founder and CEO, Peter Beck, introduced...

A Chinese state-backed company, Spacesail, is preparing to launch a satellite service in Brazil, posing a challenge to Elon Musk‘s SpaceX operated satellite service, Starlink. This announcement aligns with Chinese President Xi Jinping‘s visit to Brazil, where he signed an upgraded ...

Globalstar (NYSE:GSAT) stock surged Friday after it disclosed expanding its strategic partnership with Apple Inc (NASDAQ:AAPL) in a newly updated $1.1 billion services agreement. Under this extended deal, Globalstar will provide Apple with enhanced satellite services, covering the development,...

This story was first published on the Benzinga India portal. Billionaire Elon Musk said he appreciated India's decision to allocate spectrum for satellite broadband administratively instead of auctioning it. What Happened: Replying to a post on X, Musk said he will do his best to "serve...

In a live stream on Monday, former President Donald Trump commended Tesla and SpaceX CEO Elon Musk for his significant role in propelling U.S. space development to new heights. What Happened: During the live stream on X, formerly Twitter, Trump lauded Musk for his substantial...

Sidus Space Inc. (NASDAQ:SIDU) shares are trading lower Tuesday following the company's report of a year-over-year decrease in second-quarter revenue. Here’s what you need to know. What To Know: Sidus Space reported earnings per share (EPS) of 99 cents, an improvement from a loss of $6.85 in...

Sidus Space, Inc. (NASDAQ:SIDU) reported its second-quarter financial results Monday after the closing bell. Here's a look at the details from the report.  The Details: Sidus Space reported quarterly losses of 99 cents per share and $927,570 in revenue for the second quarter. Gross profit...

Vrio Corporation, the parent company of DIRECTV Latin America and Sky Brasil, has partnered with Amazon’s (NASDAQ:AMZN) Project Kuiper to offer satellite broadband in seven South American countries. What Happened: In a press release on Thursday, Vrio and Amazon announced that the agreement...

Kim Jong Un‘s North Korea has notified Japan of its plans to launch a satellite, a move that is likely to escalate tensions in the region. What Happened: Japan’s coast guard has been informed by North Korea about the upcoming launch of a “satellite rocket,” with safety...

China is set to launch an ambitious mission to the far side of the moon, marking a significant step in its lunar exploration program and potentially setting the stage for a crewed landing and the establishment of a lunar base. What Happened: China is preparing to launch a robotic spacecraft to the...

China has successfully launched a satellite to facilitate communication for its upcoming lunar missions. What Happened: The satellite, named Queqiao-2, was launched on Wednesday by China. It will serve as a communication bridge between Earth and an upcoming mission on the far side of the moon,...