Telesat announced a 25% revenue decline to $87 million and a net loss of $151 million for Q1 2026, mainly due to lower GEO segment revenue and a goodwill impairment. The company invested $171 million in its Lightspeed Low Earth Orbit (LEO) satellite program, aiming to start global commercial service by Q1 2028. Despite revenue pressures, Telesat maintains its 2026 guidance for GEO revenue and adjusted EBITDA and secured a multi-year contract with Northwestel for rural broadband in Nunavut. The addition of Military Ka-band spectrum to Lightspeed enhances its appeal to government and defense sectors globally.
Aya Gold & Silver Inc., a Canadian precious metals mining company operating in Morocco, will be added to the VanEck Gold Miners ETF (GDX) effective June 19, 2026. This inclusion marks a significant milestone reflecting the company's growth in product...
Nephros, Inc. emphasizes its ultrafiltration technology's ability to capture microplastics and nanoplastics in water, following the U.S. EPA's April 2026 decision to list microplastics as a priority contaminant under the Safe Drinking Water Act. The ...
After the US and Iran reached a deal expected to reopen the Strait of Hormuz, the world's largest tanker owner, Mitsui OSK Lines, cautions that shipping companies will wait for proof the agreement works before resuming normal traffic. The strait is c...
YieldMax ETFs have announced their weekly distributions for Group 1 ETFs, with distribution rates ranging from about 25% to over 65%. These ETFs focus on option income strategies across sectors like semiconductors, AI, crypto, and metals. Investors s...
QTREX Quantum Ltd announced that its Additively Manufactured Electronics (AME) technology achieved a 97% yield validation at a major U.S. interconnect manufacturer. This milestone confirms the technology's readiness for high-demand production environ...
