News Analysis

Telesat Reports Results for the Quarter and Six Months Ended June 30, 2025

Ottawa,Canada, August 6, 2025 – Telesat (Nasdaq and TSX: TSAT), today announced its financial results for the three and six-month periods ended June 30, 2025. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted.

Eutelsat Releases Full-Year 2024-25 Results

Paris,  August 5, 2025 – The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL), chaired by Dominique D’Hinnin, reviewed the financial results for the year ended 30 June 2025.

iRocket to Go Public Via US$ 400 Million Merger With Wilbur Ross-Backed BPGC Acquisition Corp.

Los Angeles, Calif., July 23, 2025 -- Innovative Rocket Technologies Inc. (iRocket), a next-generation reusable space rocket developer, and BPGC Acquisition Corp., a special purpose acquisition company (SPAC) sponsored by Wilbur Ross, the 39th U.S. Secretary of Commerce with more than 55 years of private equity and investment banking experience, and BPGC Management LP, an independent private equity firm dedicated to opportunistic buyouts and special situations transactions in the global industrials, materials and chemicals sectors, jointly announced today that they have entered into a definitive Merger Agreement and Plan of Merger dated July 22, 2025 in connection with the previously-announced letter of intent.

York Space Systems Parent Company to Acquire ATLAS Space Operations to Expand Mission Delivery and Space-to-Ground Capabilities

Denver, CO., July 18, 2025 -- York Space Systems today announced that its parent company has agreed to acquire ATLAS Space Operations (ATLAS), a pioneer in Ground Software as a Service (GSaaS) for satellite communications. 

SES Completes Acquisition of Intelsat

Luxembourg, July 17, 2025 -- SES, today announced the completion of its  acquisition of Intelsat, creating a strengthened global satellite operator with an expanded fleet of 120 satellites across two orbits. The newly combined company will leverage its skilled teams with deep vertical expertise to deliver integrated multi-orbit, multi-band satellite and connectivity solutions to businesses and governments around the world, creating a stronger multi-orbit operator with ~60% of revenue in high-growth segments accordingto a company statement.

Shaping Global Satellite Licensing Through National Consultations

By Matthew Evans                                                                             

London, UK, July 2, 2025--The satellite sector is undergoing rapid transformation, driven by technological innovation, emerging services, and new spectrum demands. Yet, as the industry evolves, so too must the regulatory frameworks that govern it. Regulations are constantly shifting, licensing models are becoming more adaptive, and procedures increasingly open and interactive. In this environment, National Consultations have become essential forums for shaping regulation — and a strategic opportunity for operators to participate and stay ahead of the curve.

European Commission Approves SES-Intelsat Merger

Brussels, Belgium, June 10, 2025--The European Commission approved unconditionally the acquisition of Intelsat by SES,  under the EU Merger Regulation. The Commission concluded that the transaction would not raise competition concerns in the European Economic Area (EEA). Both SES and Intelsat are global satellite network operators that own and operate geostationary Earth Orbit (GEO) satellites.

Comtech Announces Financial Results for Third Quarter of Fiscal 2025

Chandler, Ariz., June 9, 2025 – Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported financial results for its third quarter ended April 30, 2025. The company reported an Operating loss of US$ 1.5 million and net loss attributable to common shareholders of US $14.5 million on Net sales of US $126.8 million

Rocket Lab Enters Payload Market with Agreement to Acquire Geost

Long Beach, Calif. May 27, 2025--Rocket Lab Corporation (Nasdaq: RKLB) today announced the signing of a definitive agreement to acquire the parent holding company of Geost, LLC, a Tucson, Arizona-based electro-optical and infrared (EO/IR) payload development and manufacturing company and provider to high-priority national security satellites, from Lightridge Solutions, a portfolio company of ATL Partners, for US$ 275 million in a mix of US$ 125 million of cash and US$ 150 million in privately placed shares of Rocket Lab common stock, plus up to US$ 50 million in potential additional cash earnout payments tied to revenue targets.