Finance

Hiber, the European satellite and communications start-up, secured 26 million euros ($30.62 million) in funding to ramp up its plans for a satellite-based Internet of Things (IoT) service. The European...

Smallsat launcher ABL Space Systems has closed its Series B funding round of $170 million led by funds and accounts advised by T. Rowe Price Associates, Inc. Existing ABL investors...

Inmarsat continues to reshape its management team under the leadership of new CEO Rajeev Suri after the surprise departure of Rupert Pearce in February. The company has tapped ex-Nokia Chief...

Redwire has officially added its name to the list of space companies going public through a special-purpose acquisition corporation (SPAC). The space infrastructure conglomerate, which includes recently acquired entities such...

Avanti Communications has appointed Vikas Grover as its new chief technology officer, the company announced Tuesday. Grover was previously the founding chief information officer at OneWeb, where he led global...

New Zealand-based smallsat launcher Rocket Lab made headlines earlier this month when it announced plans to go public through a special purpose acquisition corporation (SPAC) and set a $4.1 billion...

Speedcast’s acquisition spree in the 2010’s made it one of the world’s largest remote telecommunications service providers. But, 2020 presented steep challenges to the company’s remote oil and gas and...

After having been of the biggest critics of Low-Earth Orbit (LEO) constellations like OneWeb, Tom Choi, chairman of the Airspace Internet Exchange, is now putting plans together for his own...

RigNet saw its overall Full Year 2020 revenues decrease 14.4% compared to 2019, due to a continued economic slump in the energy sector. But, the company is beginning to see...

Capella Space has hired Dan Getman as the new vice president of Product, the company announced March 12. Getman joins Capella Space from Descartes Labs, where he was director of...