Finance

Inmarsat‘s new CEO Rajeev Suri urged the space industry to achieve a “Net Zero” space sustainability equivalent and address what he called “the ever more congested Low-Earth Orbit (LEO)” during...

New Space Earth Observation (EO) leader Planet is going public through a merger with a special purpose acquisition company (SPAC), the company announced July 7. Planet will combine with dMY...

Earth Observation (EO) space startup Satellogic plans to go public through a special purpose acquisition company (SPAC) merger that values the company at $850 million. Satellogic announced July 6 that...

Astra is now the first launch company to be publicly traded on the Nasdaq Global Select Market after its special purpose acquisition (SPAC) merger was approved.  Shareholders of SPAC Holicity...

The Russian Satellite Communications Company (RSCC) has a new director general. The Russian operator has appointed Alexey Volin as its new director general, replacing Yuri Prokhorov. RSCC announced the new...

Spacecom has bought into Canadian communications company, NuRAN Wireless as it looks to boost its market position in Africa, the company announced June 29. Spacecom has signed a strategic cooperation...

Momentus has cut its valuation in half as it has gone through challenges with its special purpose acquisition company (SPAC) merger. The in-space transportation company announced June 29 that it...

Bharti Global will invest $500 million more into OneWeb, fully funding the Low-Earth Orbit (LEO) constellation company and making Bharti Global the company’s largest shareholder.  In the deal announced June...

Christopher Kubasik has taken the helm of L3Harris as CEO, succeeding William Brown. This leadership transition was planned and first announced with the merger of L3 Technologies and Harris Corp....

The past year-and-a-half must have felt like an out-of-body experience for the satellite industry. After nearly two decades of rapid technology innovation and broadening access to space, the COVID-19 pandemic...