Finance

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...

Quantum computing company IonQ has signed an agreement to acquire Capella Space to accelerate its plans in quantum networking. IonQ, based in College Park, Maryland, announced the move on Wednesday. ...

Telesat’s backlog for its Lightspeed Low-Earth Orbit (LEO) constellation is now nearly $1.1 billion Canadian dollars ($800 million) after signing a capacity deal with Viasat in April.  Earlier this year,...

President Trump’s budget proposal for NASA looks to cut funding for the agency by 24%, while increasing funding for human space exploration and slashing space science funding.  The Trump-Vance Administration...