Finance

Spire Global completed the sale of its maritime business to Belgian data and analytics company Kpler, using the proceeds to retire all outstanding debt, Spire announced April 25.  Spire sold […]

L3Harris lowered guidance for the company to account for a divestiture, but leadership was optimistic on Thursday’s investor call about opportunities for its satellite business to participate in the “Golden […]

Revenue in the Boeing Defense, Space & Security (BDS) segment was down 9% in the first quarter of 2025, but the segment’s operating margin improved year-over-year.  BDS reported revenue of […]

Satellite ground technology startup Northwood Space has raised $30 million in a Series A funding round led by Alpine Space Ventures and Andreessen Horowitz (a16z).  Also Capital, Founders Fund, and […]

Iridium CEO Matt Desch walked investors through how tariffs are impacting Iridium’s equipment supply chain, saying that for now, Iridium is absorbing a higher cost of importing goods into the […]

Europe has not invested enough in sovereign space capabilities. This is one of the conclusions of a new Seraphim Space white paper released April 16. The white paper details several […]

Space logistics company D-Orbit announced a deal on Friday to acquire Italian Earth Observation (EO) and analytics company Planetek Group to bring together in-orbit servicing and space data. D-Orbit has […]

Avanti Communications (Avanti) completed its move to a new headquarters at Spaceport Cornwall’s Space Systems Operations Facility (SSOF), in Newquay. Cornwall is fast becoming a major U.K. space hub. Avanti […]

Startup satellite developer Portal Space Systems on Thursday said it raised $17.5 million in an oversubscribed seed round that will support the full-scale demonstration of its Supernova multi-role, transorbital spacecraft […]

Aetherflux, the space solar power startup from the co-founder of Robinhood Baiju Bhatt, raised $50 million in a Series A funding round, the company announced Wednesday.  Index Ventures and Interlagos […]

MDA Space will acquire Israeli satellite tech company SatixFy Communications for $193 million under an agreement announced on Tuesday to boost its technology portfolio for satellite constellations.  In 2023, MDA […]

Spire Global grew revenue 13% in 2024, as it deals with “ongoing disruption” working to close a sale of its maritime business to data and analytics platform Kpler. Spire reported […]

While Telesat has always been optimistic on government prospects for its Lightspeed Low-Earth Orbit constellation, “tectonic shifts” in the geopolitical landscape have made the operator even more bullish on national […]

Satellogic completed the relocation of the company from the British Virgin Islands to Delaware in the United States, Satellogic announced on March 26. Satellogic initially announced the move in April […]

Karman Space & Defense, a California-based integrated space systems manufacturer startup, raised over $500 million for investors and shareholders since it successfully completed its IPO on the New York Stock […]

Globalstar opened a new satellite operations control center (SOCC) at its Covington, Louisiana headquarters on March 17. Globalstar said the SOCC represents a “key investment,” enhancing satellite fleet management and […]

For years, enterprise customers of Starlink have complained that the company doesn’t offer a conventional enterprise contract, with the traditional guarantees of bandwidth, uptime, and availability, known as “service level […]

BlackSky Technology grew revenue 8% year-over-year in 2024 and reached new record revenue — but this growth was considerably less than the 45% growth the company realized in 2023.  The […]

Fleet Space Technologies has acquired HiSeis, a seismic exploration technology company. Fleet Space announced the acquisition on Wednesday, saying it will integrate HiSeis’ seismic solutions into its ExoSphere platform, which […]

Rocket Lab posted record revenue in 2024 with 78% year-over-year growth, but also pushed its plans for the first Neutron launch to the second half of 2025.  Rocket Lab reported […]

Globalstar reported record revenue and 12% year-over-year revenue growth in 2024. Revenue was a record $250.3 million, which exceeded the high end of the company’s revenue guidance.  Globalstar said this […]

Skylo has raised $30 million in an oversubscribed funding round, funding that CEO Parthsarathi Trivedi tells Via Satellite the company plans to invest in market expansion to grow its position […]

SES reported full year 2024 revenue of 2 billion euros ($2.1 billion) at the top end of its financial outlook, along with an increase in adjusted EBITDA that exceeded its […]

Startup Kapta Space emerged from stealth mode on Friday with plans to develop advanced spaceborne electronically-steered, radar-based imaging technology.  Milton Perque, formerly of Echodyne, and Adam Bily, formerly of Apple […]

Airbus logged another 300 million euros ($310 million) in charges on its Space programs in the fourth quarter 2024 after completing an in-depth technical review of its Space segment. In […]

Moody’s Ratings changed its outlook on satellite operator SES from “stable” to “negative” on Tuesday, citing increased competition in the satellite industry putting pressure on prices.  Moody’s explained its rationale […]

Eutelsat’s total revenue grew by nearly 6% in the first half of its 2024-25 fiscal year with growth in Connectivity, but the operator also took a 535 million euro ($560 […]

ETL Systems acquired IRT Technologies, a Canadian company specializing in satellite communication products, ETL Systems announced Feb. 14. IRT Technologies has over 14 years of experience in the satellite communications […]

K2 Space announced a $110 million Series B funding round to scale up production of its multi-orbit, high-power satellite platform on Feb. 13. The funding round was co-led by Lightspeed […]

Blue Origin laid off 10% of its workforce on Thursday as the launcher shifts from R&D into scaling manufacturing for its launch business.  The company is eliminating some positions in […]