Viasat reported a small increase in overall revenues, but a net loss for the company's first quarter 2023 results, released Aug. 8. Revenues for the three months was $678 million, a 2% increase compared to the same stage last year. However, the company reported a net loss of $22 million for the period. However, there…

LiveEO, a Berlin-based satellite analytics company, has secured 19 million euros ($19.34 million) in new funding, the company announced Aug. 5. LiveEO's core product is an infrastructure monitoring suite powered by satellite imagery. The company uses artificial intelligence to analyze Earth observation data, and gives operators of railways, power lines and pipelines actionable information on…

Xona Space Systems has secured another $25 million in financing, the company announced late last week. The company, which is developing navigation technologies from Low Earth Orbit (LEO), revealed that its latest round of financing was oversubscribed, as it looks to develop its commercial satellite navigation network. The round was led by First Spark Ventures who is…

Astra Space is ending use of its Rocket 3.3 iteration after two launch failures and moving to the next version of its launch system.  The rocket, part of Space Launch System 1.0, successfully reached orbit in a mission for the U.S. Space Force in November and then again in a March mission. But the rocket…