Finance

Rocket Lab announced its first launch deal for the upcoming medium-lift Neutron rocket —  a multi-launch agreement with an unnamed commercial satellite constellation operator.  Rocket Lab announced the deal on […]

Firefly Aerospace has raised $175 million in new venture capital that will help it boost production of a multi-mission orbital vehicle and its small lift rocket, and accelerate hardware qualification of […]

EchoStar posted a 5% drop in revenue in the third quarter of 2024 as the company lost subscribers in satellite TV and broadband. EchoStar reported its third quarter financials on […]

Globalstar is already working on the new satellite constellation program for Apple, Globalstar CEO Paul Jacobs told investors in the company’s third quarter call on Nov. 7.  The company’s stock […]

Revenue at SES dipped 2% year-over-year in the third quarter of 2024, but the satellite operator said its revenue and adjusted EBITDA outlook are both tracking to the top end […]

Ahead of launching the first satellites in its Gen-3 constellation upgrade, BlackSky fully acquired small satellite manufacturer LeoStella. BlackSky announced the move in its third quarter investor call on Nov. […]

Viasat reported a slight dip in revenue in the second quarter of fiscal year 2025 as revenue declines in fixed satellite services and maritime offset the company’s growth in aviation, […]

In his first call as Comtech’s permanent CEO, John Ratigan said the company’s financial performance in the fourth quarter of fiscal year 2024 was below expectations.  Ratigan spoke with investors […]

Apple is doubling down on its partnership with Globalstar, investing $1.5 billion to fund a new constellation for expanded satellite services.  Apple will pay Globalstar up to $1.1 billion to […]

Airbus is evaluating potential consolidation for its Space segment in Europe, CEO Guillaume Faury told investors on Oct. 30.  The Space segment at Airbus has been challenged this year with […]

Lockheed Martin completed its acquisition of smallsat manufacturer Terran Orbital, acquiring the former SPAC as its largest customer. Terran Orbital and subsidiary Tyvak International are now part of Lockheed Martin’s […]

A new remote sensing startup Matter Intelligence emerged from stealth mode on Wednesday with $12 million in seed funding. The startup aims to capture hyperspectral data of “all matter on […]

Eutelsat Group reported modest revenue growth in the first quarter of its 2024-25 fiscal year, driven by growth in Fixed Connectivity from OneWeb’s deal with Saudi Arabian city Neom.  Eutelsat […]

L3Harris reported challenges on classified programs in its Space and Airborne segment while revenue for the segment was flat during the third quarter of 2024. L3Harris reported Q3 financials on […]

Earnings for Northrop Grumman’s Space segment were up 14% year-over-year in the third quarter of 2023, despite a modest decline in sales. Northrop Grumman reported Q3 results on Thursday. The […]

Revenue for Boeing’s Defense, Space & Security (BDS) segment was flat in the third quarter of 2024, but loss from operations more than doubled as Boeing took charges on fixed-price […]

ETL Systems is acquiring SpacePath Communications, in a deal that brings together two U.K.-based satellite amplifier suppliers. ETL Systems announced the acquisition on Monday, financial terms were not disclosed.  ETL […]

Comtech‘s Board of Directors and management team announced late Thursday its intention to divest its Terrestrial & Wireless Networks (T&W) business, which provides “NG911” 911 emergency call solutions for state […]

Iridium Communications reported record third quarter total revenue of $212.8 million, with higher commercial service revenue and government engineering revenue. Total revenue increased 8% versus the comparable period of 2023. […]

Airbus Defence and Space plans to cut up to 2,500 positions within the group as it reorganizes after financial troubles. Airbus announced the cuts on Wednesday and said they will […]

German wildfire-detection startup OroraTech raised 25 million euros ($27 million) in a Series B funding round to build out its predictive AI capabilities and orbital sensor network. OroraTech announced the […]

EarthDaily Analytics has acquired geospatial intelligence firm Descartes Labs, the company announced Tuesday. EarthDaily Analytics said the acquisition was attractive because of how Descartes Labs products apply geospatial data to […]

French startup Constellation Technologies & Operations has raised 9.3 million euros ($10 million) to move forward on its plans for a satellite broadband constellation in Very Low Earth Orbit (VLEO).  […]

Seraphim Space, one of the leading investors in space tech startups, announced the latest round of companies taking part in Mission 14, its latest dedicated accelerator for space startups. Seraphim, […]

All.Space raised $44 million to fund the commercial launch of the company’s first satellite terminal. All.Space announced the round on Thursday, led by Boka Group, with additional participation from AE Ventures, […]

Space42 has made its debut on the on the Abu Dhabi Securities Exchange (ADX) after completing the merger of Bayanat, an AI-powered geospatial solutions provider, and Yahsat, the UAE’s flagship […]

Impulse Space announced a $150 million Series B funding round on Tuesday to support the production of the company’s Helios and Mira vehicles. Impulse Space is led by Tom Mueller, […]

DirecTV is acquiring EchoStar‘s video distribution business, including Dish TV and Sling TV. EchoStar said this move refocuses the company’s portfolio on wireless and satellite connectivity markets.  The deal brings […]

Gogo is acquiring Satcom Direct in a bid to improve its offering for the business aviation and government/military mobility markets. Gogo announced the $375 million deal on Monday. On top […]

Alison Perez, a venture capitalist, is always on the hunt for the next transformational technology solution. And lately, it’s the solutions that address sustainability in space that are piquing the […]