Finance

Iridium reported modest revenue growth of 5% year-over-year in 2024, reaffirming its plan to reach $1 billion in service revenue in 2030. CEO Matt Desch also provided an update on […]

Gilat Satellite Networks anticipates strong revenue growth in the coming year, projecting its revenue growth for 2025 between 36% and 49%. Gilat released its full-year 2024 financial results on Feb. […]

Spire Global has filed a complaint in court against Kpler for not closing on the purchase of Spire’s maritime business.  Spire announced the deal with data and analytics platform Kpler […]

Oso Semiconductor closed a $5.2 million seed funding round to fund development of phased array chipsets for satellite communications, 5G, and radar systems, the company announced Feb. 12. Founded in […]

Viasat’s Aviation business grew revenue, backlog, and aircraft in service in the third quarter, while company leadership targets a return to growth for its declining Maritime segment in fiscal year […]

Urban Sky closed a $30 million Series B investment round to develop and commercialize a suite of products that leverage the stratosphere for military and commercial applications, the company announced […]

ArkEdge Space, a Japanese space start-up, raised 8 billion yen ($51.58 million) in a Series B funding round. ArkEdge Space has been developing a standard multiple-purpose bus system for 6U […]

Indra Group, a Spanish technology and defense company, has agreed to acquire an 89.68% stake in satellite operator Hispasat from Redeia, a Spanish infrastructure corporation, for 725 million euros ($747 […]

L3Harris Technologies on Thursday reported a substantial increase in net income in the fourth quarter driven in large part by a charge a year ago in a business that it is […]

Northrop Grumman ended its streak of growth in the Space Systems segment in 2024. Sales were down 1% year-over-year, in line with expectations from leadership. Despite the dip in sales, […]

SES has secured a 125 million euro ($130 million) loan agreement with the European Investment Bank’s global arm, EIB Global to fund three satellites in the O3b mPOWER constellation.  SES […]

Lockheed Martin reported a slight dip in sales in its Space segment in 2024, with lower sales on national security space programs. Company-wide, Lockheed Martin posted a 5% increase in […]

Boeing took $1.7 billion in charges in its Defense, Space & Security (BDS) segment in the fourth quarter of 2024 between multiple military aircraft programs and the Commercial Crew program […]

Investment and consulting firm Space Capital reports that investment in space companies hit $26 billion in 2024, an increase of 30% year-over-year. The firm recently released its fourth quarter Space […]

SpaceX‘s Starlink business grew across consumer subscribers, government contracts, and in mobility markets like maritime and aviation, and more than doubled Starlink revenue in 2024 compared to 2023, according to […]

Space infrastructure company Redwire Corp. on Monday said it has agreed to acquire Edge Autonomy in a $925 million deal that would take it into new territory, autonomous unmanned aircraft systems (UAS) […]

Stoke Space raised $260 million in new Series C investment to accelerate development of its reusable medium-lift rocket. This funding doubles Stoke’s total funding to $480 million, the company announced […]

Loft Orbital raised $170 million in a Series C round, the company announced on Tuesday, along with plans to scale operations incorporating inter-satellite links and more AI onboard its satellites.  […]

Less than three months after naming a new CEO, Comtech Telecommunications is going through another leadership shakeup. The company’s board named Ken Traub as president and CEO on Jan. 13, […]

After filing for bankruptcy this week, Ligado Networks sued Inmarsat Global, alleging breach of contract over a spectrum agreement between the companies. Ligado announced the suit on Jan. 7, which […]

Gilat Satellite Networks (Gilat) has completed the acquisition of Stellar Blu Solutions (Stellar Blu), a U.S.-based provider of satellite communications terminals in a bid to strengthen its position in the […]

Automotive giant Toyota is investing in Japanese rocket startup Interstellar Technologies as part of its vision for the future of mobility.  Woven by Toyota (WbyT), the mobility arm of Toyota […]

Ligado Networks has filed for Chapter 11 restructuring, and has signed a deal with AST SpaceMobile to allow the company to use Ligado’s mid-band spectrum.  Ligado announced the bankruptcy filing […]

The special purpose acquisition company (SPAC) planning to merge with Lynk Global extended its deadline to complete the merger and must return more than $80 million after shareholders voted to […]

Japanese satellite company Synspective ended 2024 with a public listing on the Tokyo Stock Exchange Growth Market and a dedicated satellite launch on Dec. 21.  Rocket Lab launched a single StriX […]

Iceye closed $65 million in extension funding, taking the company’s total raised in 2024 to $158 million. The funding round extension included participation from funds managed by Finnish sovereign wealth […]

Australian space startup Fleet Space Technologies closed a Series D funding round worth $150 million Australian dollars ($100 million) to grow the capabilities of its ExpoSphere platform, which combines satellite […]

Hyperspectral imaging startup Pixxel secured $24 million in a Series B extension round, adding new investors M&G Catalyst and Glade Brook Capital Partners. The investment announced Monday brings Pixxel’s total […]

Gogo completed its acquisition of Satcom Direct to form a multi-orbit, multi-band, in-flight connectivity (IFC) provider for the business aviation and military/government mobility markets. One analyst noted that the combined […]

The U.S. Department of Commerce has finalized agreements with Rocket Lab and BAE Systems Electronic Systems for funding under the CHIPS program for investment in semiconductors used in satellites.  Rocket […]