Finance

SatixFy Communications more than doubled revenue in the first quarter of 2025 as the satellite tech company is in the midst of a deal to be acquired by MDA Space....

Another 20 companies have been selected for the CASSINI Business Accelerator program, an initiative of the European Commission (EC) and European Union Agency for the Space Programme (EUSPA). It was...

Canadian spacecraft manufacturer MDA Space has agreed to pay more money to acquire satellite communication chipset developer SatixFy Communications after the latter completed a “go-shop” process for alternative acquisition bids...

U.K.-based Space Forge raised a 22.6 million pound ($30 million) Series A round this week, to further its plans for in-space manufacturing. The NATO Innovation Fund led the round with...

Eutelsat Group reported 300 million euros ($335 million) in revenue in the third quarter of its 2024-25 fiscal year, down 1.9% year-over-year.  Notably, Eutelsat reported a 10% year-over-year increase in...

Redwire Corporation reported a 30% year-over-year decline in revenue in the first quarter of 2025 as leadership reported delays in contract awards from the U.S. government. Redwire reported $61.4 million...

Globalstar executives said the company is positioned to minimize financial impacts from tariffs, and reaffirmed its full-year guidance in first quarter financial results on May 8. The satellite operator increased revenue...

Rocket Lab’s first quarter 2025 results on Thursday came with a slate of announcements — a new launch contract from the U.S. Air Force Research Laboratory for the upcoming Neutron...

EchoStar CEO Hamid Akhavan teased plans for a direct-to-device satellite constellation during EchoStar’s investor call on May 8, saying that while EchoStar hasn’t made many announcements, it is getting plans...

MDA Space grew revenue 68% year-over-year in the first quarter of 2025 as the manufacturer ramps up work on satellite constellation projects for Telesat and Globalstar. CEO Mike Greenley addressed...