Finance

Redwire Corp. on Wednesday evening said it has agreed to acquire Hera Systems in a deal that will add additional spacecraft options to its portfolio, including satellites for Geostationary Orbit (GEO). […]

Telesat reported a 15% drop in revenue in the second quarter of 2024 as the operator ramps up capital expenditures for the Lightspeed constellation and works to finalize funding agreements […]

Terran Orbital’s revenue decreased nearly 6% in the second quarter of 2024 as the company’s supply of cash dwindles.  The satellite manufacturer filed its 10-Q with the Securities and Exchange […]

Eutelsat Group is in exclusive talks with a private equity firm to sell the majority of its ground network in order to form a new ground station as a service […]

Eutelsat Group grew operating revenue by 5.9% year-over-year in the operator’s first full year with OneWeb as part of the business, despite a slower-than-expected rollout of OneWeb service.  Overall, Eutelsat […]

BlackSky Technology grew revenue by 29% year-over-year in the second quarter of 2024 as the satellite imagery company executed on multiple international contracts. The company reported its Q2 financial results […]

MDA Space saw a double-digit revenue increase in the second quarter of 2024 with growth in the company’s robotics and satellite businesses. The company reported its financials on Thursday, raising […]

Japanese rocket launcher in development Interstellar Technologies raised 3.1 billion yen ($21 million) in a Series E funding round announced Aug. 5.  New investors SBI GROUP and NTT DOCOMO invested […]

Viasat’s shares were up more than 30% on Thursday after the satellite operator performed better than expected in the first quarter of fiscal year 2025 and slightly raised the low […]

Dcubed has closed its Series A funding round, a funding round that oversubscribed by 26%. The German space startup will use the funding to scale the current production of satellite […]

Satellite manufacturer and operator Muon Space raised a $56.7 million Series B funding round, led by Activate Capital. Muon Space announced the round on Monday, which also included Acme Capital […]

Satellite operator SES reported strong momentum in its Networks business, particularly in the Government and Mobility sectors, as it reported its first half 2024 financial results on Aug. 1.  Overall, […]

Boeing on Wednesday wrapped up its search for its next top executive, naming long-time aerospace and defense industry veteran and executive Robert “Kelly” Ortberg as president and CEO, effective Aug. […]

Significant charges in the Space business impacted Airbus in its second quarter financial results, as CEO Guillaume Faury detailed changes to the Space business on July 30 to deal with […]

L3Harris Space segment saw flat sales in the second quarter of 2024, while the Aerojet Rocketdyne acquisition contributed to revenue growth company-wide. L3Harris reported its second quarter results on July […]

Northrop Grumman’s Space Systems segment posted the lowest growth rate among the company’s four segments in the second quarter of 2024, while leadership set expectations for flat Space sales this […]

Iridium Communications increased revenue by 4% in the second quarter of 2024 compared to the previous year with higher commercial revenue and higher government engineering revenue. The satellite operator reported […]

The founders of smallsat launcher Astra Space completed a deal to take the company private on July 18. Astra Space was one of the companies to go public in the […]

KBR, a provider of science, technology and engineering solutions to governments and companies is acquiring LinQuest, a national security space systems and technology solutions company. KBR announced the $737 million […]

Booz Allen Ventures invested in Quindar, an early-stage startup focused on automating satellite operations.  Quindar has built a virtualized platform that the company says improves the ability to command cooperative […]

A group of Spanish banks have backed PLD Space with a 31.2 million euro ($34 million) loan to fund the company’s Miura 5 space launch program. Banco Santander and EBN […]

Edge computing startup Armada has raised $40 million in a funding round led by M12, Microsoft‘s venture fund. Armada also announced a separate agreement with Microsoft where its products are […]

European venture capital firm Alpine Space Ventures closed its first fund with 170 million euros ($185 million) in capital to target space startups.  The fund is targeting Series A funding […]

Italian space logistics company D-Orbit is expanding to the U.S., establishing D-Orbit USA. D-Orbit announced the company on Wednesday, a  joint venture led by CEO Mike Cassidy, along with Mark […]

Defense tech private equity firm AE Industrial Partners has closed its third flagship private equity firm with $1.28 billion in capital commitments. AE Industrial Partners announced the fund, Fund III, […]

Planet Labs is going through another round of layoffs and will lay off approximately 180 employees, about 17% of its workforce. The company disclosed the layoffs in filings to the […]

After years of the satellite industry’s top brass making the case for consolidation, those dreams are finally playing out across the top operators. While Viasat was the first to take […]

LiveEO has raised 25 million euros ($27 million) in a Series B funding round led by NordicNinja and DeepTech & Climate Fonds (DTCF). The Berlin-based company said the investment will […]

Paris-based space startup Skynopy has raised $3.1 million to simplify operations for satellites in Low-Earth Orbit (LEO). The company, which was founded in October 2023, has a pool of investors, […]

Airbus is recording charges of around 0.9 billion euros ($1 billion), on some of its telecommunications, navigation and observation space programs in the first half of 2024, the company announced […]