Satellite

ATrack Announces Newest GEO/LEO AI Telematics Box and In-Vehicle Solutions at Embedded World 2024

Retrieved on: 
Monday, April 1, 2024

ATrack Technology Inc., a pioneering force in the telematics industry, is set to unveil groundbreaking advancements in AI vision telematics solutions at Embedded World 2024.

Key Points: 
  • ATrack Technology Inc., a pioneering force in the telematics industry, is set to unveil groundbreaking advancements in AI vision telematics solutions at Embedded World 2024.
  • Showcasing the revolutionary AK750 AI telematics box, which supports both GEO and LEO connectivity with LTE redundancy, ATrack solidifies its position at the forefront of telematics technology.
  • View the full release here: https://www.businesswire.com/news/home/20240401639372/en/
    The AK750 GEO/LEO AI Telematics Box emerges as a revolutionary solution, specifically designed to tackle the connectivity challenges prevalent in remote environments.
  • ATrack's presence at Embedded World 2024 reaffirms its commitment to pushing the boundaries of telematics technology.

Rocket Lab Prepares to Launch Mission for KAIST and NASA to Deploy Satellites to Two Separate Orbits

Retrieved on: 
Monday, April 1, 2024

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has set the launch window for its next Electron launch.

Key Points: 
  • Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has set the launch window for its next Electron launch.
  • The ‘Beginning Of The Swarm’ mission is scheduled to launch from Rocket Lab Launch Complex 1 in Mahia, New Zealand during a 14-day launch window that opens on April 24th.
  • The capability of Electron’s Kick Stage to perform multiple engine burns in space and deploy individual satellites to unique orbits is critical to this mission.
  • Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia.

Terran Orbital Reports Record 2023 Financial Results

Retrieved on: 
Monday, April 1, 2024

Terran Orbital Corporation (NYSE: LLAP) ("Terran Orbital" or the "Company"), a leading manufacturer of satellite products primarily serving the aerospace and defense industries, today announced financial results and operational highlights for the three and twelve months ended December 31, 2023.

Key Points: 
  • Terran Orbital Corporation (NYSE: LLAP) ("Terran Orbital" or the "Company"), a leading manufacturer of satellite products primarily serving the aerospace and defense industries, today announced financial results and operational highlights for the three and twelve months ended December 31, 2023.
  • Marc Bell, Co-Founder, Chairman, and Chief Executive Officer of Terran Orbital said, “I am pleased to report our company’s strong results for 2023.
  • The future of space is responsive, and Terran Orbital is well-positioned to capitalize on this growing market segment.
  • As of December 31, 2023, Terran Orbital had $71.7 million of cash on hand and approximately $313.8 million in gross debt obligations.

Guerrilla RF Reports Record Revenue for Fourth Quarter and Full Year 2023

Retrieved on: 
Monday, April 1, 2024

Guerrilla RF, Inc. (OTCQX: GUER), a leading provider of state-of-the-art radio frequency (RF) and microwave semiconductors, today announced record fourth quarter and full year 2023 revenue.

Key Points: 
  • Guerrilla RF, Inc. (OTCQX: GUER), a leading provider of state-of-the-art radio frequency (RF) and microwave semiconductors, today announced record fourth quarter and full year 2023 revenue.
  • Fourth quarter 2023 revenue increased 93.6% over the same period in 2022, coming in at $4.7 million compared to $2.4 million for the year ago quarter.
  • View the full release here: https://www.businesswire.com/news/home/20240401361693/en/
    Guerrilla RF, Inc. (OTCQX: GUER), today announced record fourth quarter and full year 2023 revenue.
  • Fourth quarter 2023 revenue increased 93.6% over the same period in 2022, coming in at $4.7 million compared to $2.4 million for the year ago quarter.

AST SpaceMobile Provides Business Update and Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, April 1, 2024

“It has been a busy and exciting start to 2024 for AST SpaceMobile, with new partners joining our mission, manufacturing ramping, and commercialization approaching,” said Abel Avellan, Chairman and CEO of AST SpaceMobile.

Key Points: 
  • “It has been a busy and exciting start to 2024 for AST SpaceMobile, with new partners joining our mission, manufacturing ramping, and commercialization approaching,” said Abel Avellan, Chairman and CEO of AST SpaceMobile.
  • We ended the first quarter of 2024 with cash and cash equivalents and restricted cash of approximately $210.8 million.
  • AST SpaceMobile will hold a quarterly business update conference call at 5:00 p.m. (Eastern Time) on Monday, April 1, 2024.
  • The call will be accessible via a live webcast on the Events page of AST SpaceMobile’s Investor Relations website at https://ast-science.com/investors/ .

CAES Honored with Northrop Grumman Supplier Excellence Award

Retrieved on: 
Monday, April 1, 2024

CAES , a leading provider of mission-critical advanced technology, is excited to announce that it has been recognized by Northrop Grumman Corporation as a top supplier in Performance Excellence for 2023 with a Supplier Excellence Award.

Key Points: 
  • CAES , a leading provider of mission-critical advanced technology, is excited to announce that it has been recognized by Northrop Grumman Corporation as a top supplier in Performance Excellence for 2023 with a Supplier Excellence Award.
  • The award was given by three Northrop Grumman Sectors - Mission Systems, Defense Systems, and Space Systems - for excellent performance at CAES Defense Systems.
  • CAES was honored as one of more than 70 top suppliers from Northrop Grumman’s network of partners.
  • View the full release here: https://www.businesswire.com/news/home/20240401205560/en/
    CAES has been recognized by Northrop Grumman Corporation as a top supplier.

L3Harris Sets Date for First Quarter 2024 Earnings Release

Retrieved on: 
Monday, April 1, 2024

L3Harris Technologies (NYSE:LHX) will release first quarter 2024 financial results on Thursday, April 25, 2024, after market close.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) will release first quarter 2024 financial results on Thursday, April 25, 2024, after market close.
  • The company’s results will be published in an earnings release and made available at L3Harris.com .
  • The company will host a call on Friday, April 26, 2024, at 8:30 a.m.
  • The dial-in numbers for the teleconference are (U.S.) 877-407-6184 and (International) +1 201-389-0877, and participants will be directed to an operator.

Successful Launch of EUTELSAT 36D Satellite

Retrieved on: 
Sunday, March 31, 2024

Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) today announces the successful launch and deployment of its EUTELSAT 36D satellite.

Key Points: 
  • Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) today announces the successful launch and deployment of its EUTELSAT 36D satellite.
  • Based on the Airbus Eurostar Neo platform, EUTELSAT 36D will replace EUTELSAT 36B, at the 36° East orbital position, where it will operate alongside EUTELSAT 36C.
  • Eva Berneke, CEO of Eutelsat Group, commented: “EUTELSAT 36D is now on its way to replace EUTELSAT 36B at the 36° East orbital position.
  • My congratulations to the Eutelsat Group, Airbus and SpaceX teams for the completion of another successful satellite program.”

SatixFy Announces Full Year 2023 Results

Retrieved on: 
Friday, March 29, 2024

SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE AMERICAN: SATX), a pioneering force in next-generation satellite communication systems driven by in-house developed chipsets, has released its consolidated financial results for the full year period ended December 31, 2023.

Key Points: 
  • SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE AMERICAN: SATX), a pioneering force in next-generation satellite communication systems driven by in-house developed chipsets, has released its consolidated financial results for the full year period ended December 31, 2023.
  • The decrease in gross profit and margin due to the Company’s engagement in 2023 in projects which carry lower gross margins compared to 2022.
  • Nir Barkan, Acting Chief Executive Officer of SatixFy, commented, “2023 was marked by strategic advancements and solid progress within our product development and customer engagements.
  • “SatixFy is at a key inflection point in the industry, driven in-part by the fast-growing Low Earth Orbit ('LEO') low-latency satellite market providing broad data coverage anywhere, anytime.

Planet to Provide Carbon Mapper, Inc. with Hyperspectral Data Until 2030

Retrieved on: 
Thursday, March 28, 2024

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced it has signed a multi-year data-license agreement with Carbon Mapper, Inc. to provide hyperspectral core imagery to the non-profit and its partners until 2030.

Key Points: 
  • Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced it has signed a multi-year data-license agreement with Carbon Mapper, Inc. to provide hyperspectral core imagery to the non-profit and its partners until 2030.
  • The $20 million agreement is made possible by initial funding led by a major climate philanthropy.
  • “Securing this continued partnership with Planet will help Carbon Mapper deliver high resolution methane and CO2 super-emitter data to decision makers around the globe,” said Riley Duren, Carbon Mapper’s Chief Executive Officer.
  • This contract marks an extension to an existing data-license agreement between Planet and Carbon Mapper.