Finance

Tomorrow.io has raised $175 million in new funding to fund its next-generation DeepSky weather monitoring constellation. Stonecourt Capital and HarbourVest led the funding round.  Tomorrow.io operates a weather monitoring constellation...

CesiumAstro has secured $470 million in growth capital, with CEO Shey Sabripour calling it a “scale moment” for the company.  The Series C funding includes $270 million in equity, led...

The global space economy could be worth over $1 trillion by 2034. This is one of the key findings of Novaspace’s latest edition of its Space Economy Report. The global...

Revenue in the L3Harris Space and Airborne Systems (SAS) segment was roughly flat in 2025, with the government shutdown impacting contracts in the fourth quarter. L3Harris is forecasting growth in...

York Space Systems raised $629 million in an upsized initial public offering (IPO) on Thursday, which CEO Dirk Wallinger says will enable the company to manufacturer satellites “to meet large...

Eutelsat has canceled the deal to sell its ground segment infrastructure to private equity firm EQT Infrastructure VI, disclosing on Thursday that not all conditions had been satisfied to complete...

Lockheed Martin’s Space segment saw a 4% year-over-year revenue increase in 2025, driven by sales for strategic and missile defense programs and the Orion spacecraft program for NASA.  Lockheed Martin...

Northrop Grumman’s Space segment saw an 8% decline in sales in 2025, but the company is projecting a return to growth in 2026.  Northrop Grumman reported full-year sales on Tuesday....

Ground tech startup Northwood Space has raised $100 million in a Series B round and a more than $50 million award from the U.S. Space Force to support the Satellite...

Telesat confirmed reports that certain creditors have filed lawsuits against the company, calling the lawsuits “without merit” in a statement on Jan. 21.  The Canadian operator confirmed that creditors holding...