KVH turnaround: Starlink and OneWeb LEO services reach 45% of revenue as units shipped rise
KVH Industries reported a 27% revenue increase for the three months ended March 31, with a sharply reduced operating loss, and said its business is increasingly driven by SpaceX Starlink and Eutelsat OneWeb LEO connectivity. In Q1, those two LEO sources accounted for 45% of revenue (up from 30% a year ago) as KVH shipped 3,100 units.