Finance
March 8, 2024
The founders of Astra Space are taking the company private to avoid bankruptcy, less than three years after going public during the SPAC boom of 2021. Astra announced March 7 that co-founders CEO Chris Kemp and CTO Dr. Adam London, are taking the company private to acquire all shares of Astra stock not already owned…
March 8, 2024
Slingshot Aerospace is coming to the United Kingdom and establishing a U.K. base to help win business with international government and commercial customers. Melissa Quinn will be the general manager of its international business. Quinn had been general manager of Slingshot Seradata, but is now taking on a more expanded role. The company announced these…
March 7, 2024
Spire Global had a strong 2023 full year financial performance, achieving positive cash flow from operations in the fourth quarter, and full year revenue growth of 32% compared to 2022. Spire reported its full year 2023 results on March 6. Spire reported $105.7 million in revenue in 2023, in line with guidance. The company has…
March 6, 2024
Thales Alenia Space reported a dip in demand for commercial telecommunication satellite orders in 2023, and is shifting part of its workforce to respond to the change. Thales announced the move in its 2023 full year results on March 5. Thales plans to redeploy 1,300 positions — 1,000 of which are located in France —…