satellite companies

A leading satellite company announced a major milestone on Tuesday, continuing its progress in using satellites to provide internet coverage. Here’s the latest on Starlink, a SpaceX brand. What Happened: SpaceX announced a major milestone for its Starlink company, a satellite unit that...

The world’s richest man is helping a war-torn country with satellite communications. That helpfulness has led to controversy and now has a rival company backed by another billionaire speaking out. What Happened: SpaceX and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk provided Starlink...

A narrative of consumers cutting the cord and choosing to get rid of cable television could be further supported in a new report from YouTube. The report shows that not only are cable companies losing subscribers, but virtual multichannel video providers are taking away market share. What Happened...

Satellite company Terran Orbital announced a new contract with a leading defense and aerospace company Thursday morning. What Happened: Terran Orbital announced a contract with Lockheed Martin (NYSE: LMT) for three microsatellite class satellites. Terran will also provide launch procurement,...

Private space company SpaceX has ambitious plans for 2022. After a record-setting 2021 year for launches, here’s how many launches SpaceX is planning for in 2022. What Happened: SpaceX, the space company founded and led by Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, is targeting an average of one...

A pure-play space ETF offering investors exposure to growth in the sector announced its semi-annual rebalancing and reconstitution. The news brings eight new companies to the ETF, including seven that went public via SPAC merger. What Happened: The Procure Space ETF (NASDAQ: UFO) announced the...

The month of December shows an increasing number of SPAC deal votes. SPAC merger votes can act as a catalyst, as the votes complete the last step in the merger process and change the company over to a new name and ticker that can help build recognition. Several former SPACs also saw wide swings in...