satellite

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,...

Sidus Space Inc. (NASDAQ:SIDU) shares are diving on Tuesday. The company announced the successful deployment of its payload to low Earth orbit as part of SpaceX’s Transporter-10 Rideshare mission.  The launch occurred at 2:05 p.m. PDT from Space Launch Complex 4 East at...

In a surprising career shift, former Disney Channel star Bridgit Mendler has ventured into the space industry by launching her satellite startup, Northwood Space. The company aims to revolutionize the way satellite data is transmitted to Earth. What Happened: Mendler, known for her roles in popular...

A U.S. intelligence report suggests that Russia is more likely developing a nuclear-powered device to disrupt satellite electronics rather than a nuclear warhead to shoot them down. What Happened: This intelligence came to the fore after Rep. Mike Turner (R-Ohio), chair of the U.S. House of...

The European Union has announced plans to develop a multi-billion euro satellite system to counter the dominance of Elon Musk‘s Starlink. This move is partly in response to Starlink’s refusal to provide services to the Ukrainian military during the 2022 conflict with Russia. Why It...

North Korea's recent satellite launch, which has raised international concerns, was closely inspected by the nation's leader, Kim Jong Un. What Happened: The satellite, purported to be used for spying, captured detailed images of strategic locations in South Korea and beyond, according...

Ligado Networks filed a lawsuit against the U.S. government, alleging that the Departments of Defense and Commerce obstructed its business plans with a calculated disinformation campaign.  The long-struggling satellite company seeks compensation of up to $39 billion for the...

In a significant stride towards establishing a global space internet system, Amazon.com Inc. (NASDAQ: AMZN) has successfully launched its inaugural satellites for Project Kuiper.  The launch occurred at 2:06 p.m. local time Friday from Florida, the tech titan said in a blog...

A hacker group known as Anonymous Sudan has reportedly set its sights on Elon Musk‘s X, formerly Twitter, to pressurize the tech billionaire into introducing his Starlink satellite internet service to the war-torn nation.  What Happened: Earlier this week, Anonymous Sudan, a hacktivist group...

Although it might appear paradoxical for the U.S. government to encourage hackers to focus on its satellites, that's precisely the case at the "Hack-A-Sat" event that is currently taking place.  Initiated by the U.S. Space Force and Air Force, the "Hack-A-Sat...