Rocket Lab Corporation (Nasdaq: RKLB) today shared its financial results for fiscal first quarter ended March 31, 2026. The company reported US$ 200 million in revenue, consistent execution across launch and space systems programs, a record number of significant new contracts signed, and strategic acquisitions secured. The company exited the quarter with US$ 2.2 billion in backlog and currently have access to more than US$ 2 billion in liquidity,

Rocket Lab Corporation (Nasdaq: RKLB), today announced it has signed a definitive agreement to acquire Motiv Space Systems, a California-based company specializing in space robotics, motion control systems, and precision mechanisms for spacecraft. The acquisition will advance two strategic objectives for Rocket Lab: it will add Mars-proven robotics heritage and capability for advanced planetary and national security missions, and also closes one of the final gaps in Rocket Lab's vertical integration strategy by bringing in house costly and supply-constrained spacecraft components, including solar array drive assemblies (SADAs) and other precision mechanisms and motion control systems.

For the quarter ended March 31, 2026, Telesat reported consolidated revenue of CDN$ 87 million, a decrease of 25% (CDN $30 million) compared to the prior year (24% excluding the impact of foreign exchange), and adjusted EBITDA of CDN$ 35 million, a 1 decrease of 48% (CDN$ 32 million) from the first quarter of 2025 (47% excluding the impact of foreign exchange). Excluding the impact of higher expenses related to our debt refinancing process, adjusted EBITDA decreased 42%. Telesat net loss for the quarter was CDN$ 151 million compared to a CDN$ 51 million loss in the prior year. The increased net loss was primarily due to lower revenue and a non-cash goodwill impairment loss in its GEO segment according to the company.

by Elisabeth Tweedie

There were several reoccurring themes running through the conferences this year, not all of which were on the agenda: sovereignty, data centers in space, multi-orbit and the upcoming IPO for SpaceX. Sovereignty or nationalism was a constant theme, appearing in many sessions.  

Amazon.com, Inc. and Globalstar, Inc. announced that they have entered into a definitive merger agreement under which Amazon will acquire Globalstar, enabling Amazon Leo to add direct-to-device (D2D) services to its low Earth orbit satellite network and extend cellular coverage to customers beyond the reach of terrestrial networks. In addition, Amazon and Apple announced an agreement for Amazon Leo to power satellite services for iPhone and Apple Watch, including Emergency SOS via satellite.

Rocket Lab Corporation (Nasdaq: RKLB), a provider of launch services and space systems, today announced it has completed the acquisition of Mynaric AG a provider of laser optical communications terminals for air, space, and mobile applications. Rocket Lab paid an aggregate consideration value of US$ 155.3 million consisting of a nominal cash payment and 2,277,002 shares of Rocket Lab’s Common Stock. 

SpaceX has confidentially filed for an Initial Public Offering (IPO) with the US Securities and Exchange Commission (SEC) according to various media reports.  Bloomberg first reported the confidential filing citing sources close to the matter.  It reported that seek a valuation of US$ 1.75 Trillion, with a listing around June. The  reportedly is expecting to  raise up to US$ 75 billion which would be more than three times the size of the biggest U.S. IPO to date

Satellite operator Telesat (Nasdaq and TSX: TSAT) today announced its financial results for the three and twelve-month periods ended December 31, 2025. For the year ended December 31, 2025, Telesat reported consolidated revenue of CDN$ 418 million, a decrease of 27% (CDN$153 million) compared to the prior year. The decrease was primarily due to rate and capacity reductions by its North American DTH customers and lower revenue from enterprise customers serving rural broadband markets according to the company. 

Comtech Telecommunications Corp. (NASDAQ: CMTL)  today reported financial results for its second quarter ended January 31, 2026. Consolidated net sales were $106.8 million, a decrease of 15.6% compared to US$ 126.6 million reported in the second quarter of fiscal 2025. As anticipated, the decline in net sales in the Satellite and Space Communications (“S&S”) segment primarily reflects the Company’s decision to phase out and eliminate certain low margin and working capital intensive revenues, as well as the impact of the recent U.S. government shutdown, according to the company. 

by Kevin Dunne

The satellite ground segment is undergoing a structural transition rather than a simple technology upgrade. As bandwidth demands increase and ground architectures become more varied, operators are being asked to support multiple missions and orbits from shared infrastructure.