Finance

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 […]

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 […]

Terran Orbital must raise its share price again to maintain its listing on the New York Stock Exchange. The company said in a news release on Friday that it received […]

Synspective has secured another 7 billion yen ($44.1 million) in a Series C funding round. The Japanese synthetic aperture radar (SAR) satellite data and analytics solutions provider, will use the […]

CesiumAstro raised a $65 million Series B+ funding round, the Austin-based satellite tech company announced this week. Trousdale Ventures led the round with backing from Development Bank of Japan and […]

SES has secured a 3 billion euro ($3.2 billion) financing package to fund the Intelsat acquisition, the company announced on June 19.  Before the deal was announced, Deutsche Bank AG […]

German launcher in development Isar Aerospace raised a more than 65 million euro ($69 million) extension to its Series C funding round, with backing from the NATO Innovation Fund.  This […]

Comtech completed a refinancing and secured a new $222 million credit facility, the company announced Tuesday along with its third quarter financial results.  The credit facility is a new $60 […]

Gilat Satellite Networks is acquiring Stellar Blu for the company’s in-flight connectivity terminals. Gilat announced the deal on Monday, and will pay $98 million cash for the business and up […]

Satellite developer and manufacturer Apex on Wednesday said it has closed a $95 million funding round that will allow it to begin to scale production and expand its suite of standardized and […]

Japanese telco NTT DoCoMo, Mizuho Bank (the Development Bank of Japan), and Space Compass Corporation announced Monday that they have partnered on a $100 million investment in Airbus subsidiary AALTO HAPS […]

Nara Space Technology has completed a $14.5 million Series B funding round. The South Korean start-up, which specializes in small satellite manufacturing and data analytics, has now raised approximately $24.3 […]

Viasat posted record revenue for fiscal year 2024, its first year including Inmarsat’s contribution, post-acquisition. But the company’s stock dipped 16% on Wednesday as Viasat projected flat revenue in the […]

AT&T formalized its work with AST SpaceMobile with a new commercial agreement announced Wednesday. Under the agreement, AST SpaceMobile will provide space-based cellular broadband to AT&T’s customers through a revenue […]

Revenue at Spire Global fell below expectations in the first quarter of 2024, impacted by increased solar activity, U.S. government order delays, and a propulsion unit performance. Spire reported Q1 […]

Eutelsat Group’s operating vertical revenue in the third quarter increased 8.5% year-over-year, fueled by double-digit growth in fixed and mobile connectivity and government services. Eutelsat issued its third quarter 2023-24 […]

Lockheed Martin awarded Terran Orbital another subcontract for its work for the Space Development Agency (SDA). Lockheed Martin awarded Terran Orbital a subcontract to produce 18 satellite buses for its […]