satellite

Starlink, the satellite internet service being tested by Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's SpaceX, may soon be part of your air travel. What Happened: In response to a Twitter user's question on whether Musk has any plans to make Starlink available on any airlines, he...

Globalstar, Inc.’s (NASDAQ: GSAT) satellite technologies have been getting a lot of attention in 2021, and investors who bought stock one year ago are seeing green. Since October 2020, Globalstar stock’s one-year return has outperformed a number of the world’s most popular...

Globalstar Inc. (NYSE: GSAT) shares are trading higher Wednesday, possibly bouncing back after the stock saw a strong down day on Tuesday after the company did not receive a partnership with Apple Inc. (NASDAQ: AAPL), despite rumors that a collaboration between the companies could be happening...

Planet Labs Inc. is set to go public via special purpose acquisition company dMY Technology Group Inc IV (NYSE: DMYQ) in a deal that values Planet Labs at about $2.8 billion. Niccolo De Masi, CEO of dMY Technology Group, appeared on Benzinga's YouTube show "...

Globalstar Inc (NYSE: GSAT) shot up 44% on Monday and Tuesday after B. Riley initiated coverage on the stock and announced a price target of $3.25. Globalstar, a Covington, Louisiana-based satellite communications company, has not traded above $3 since April 2015 and until 2021 had spent the...

Amazon.com, Inc (NASDAQ: AMZN) said Thursday it was investing $10 billion to put in place a constellation of low earth orbit broadband satellites — under a plan dubbed “Project Kuiper.” What Happened The satellites would provide internet access to areas that are devoid of...

At precisely 2:03 pm local time the Soyuz ST-B launch rocket on flight VS22 carrying four O3b satellites left the CSG space centre in Kourou, French Guiana. These four satellites will complete an array of 20 units orbiting the equator at nearly 5,000 miles (8,000 kilometers) above the Earth. The...

Satellite network operator Intelsat SA (NYSE: I), a leader in integrated satellite communications, announced its first-quarter results Tuesday before the open.  What Happened The company reported total revenue of $543 million against a $520.4-million estimate. The revenue figure is $518...

The satellite industry is going through a major shift amid the arrival of new-generation satellites, which bodes well for growth for the next five years, although pricing pressure and market share shifts could be material, according to Barclays. The Analyst Analyst Mathieu Robilliard downgraded...

There telecom sector has many moving parts: new policies from the Federal Communications Commission, increasing diversity among competitors and attempts to contract the market. In this environment, DISH Network Corp (NASDAQ: DISH) is losing value, according to Morgan Stanley.  The...

The Benzinga Fintech Summit is an event for those interested in finance, entrepreneurship, capital markets, deal-making, networking and accelerating their business. It's a chance to interact with and learn from founders, C-Suite institutional executives, leaders of the biggest and hottest...

According to the Los Angeles Times, speculation about a merger between satellite broadcast companies Dish Network (NASDAQ: DISH) and DirecTV (NASDAQ: DTV) pops up about once every six months or so. Based on these rumors, the Times said, Dish and DirecTV stocks get a boost...then time passes,...

A new report from business analysis firm, SNL Kagan said that by the end of 2013 cable companies had more than a quarter million (251,000) fewer subscribers on the rolls than at the beginning of the year. The jury, however, might still be out on whether that fact signals the beginning of a...

T-Mobile US (NYSE: TMUS) is a takeover target. That much seems almost certain. Whether it will eventually be acquired by Sprint (NYSE: S), Dish Network (NASDAQ: DISH) or someone else is open to debate. As the various players position themselves, one entity stands ready to make or break any...

First, there were rumors that Sprint (NYSE: S) was flirting with the notion of acquiring T-Mobile US (NYSE: TMUS). Despite a pretty good case for a possible merger made by The Wall Street Journal, there was and is a catch: Should such a merger be approved, the market would end up dominated by...