Finance

SES passed the 2 billion euros mark for overall revenues in 2023. This was one of the highlights of its 2023 full year results, issued Feb. 29. SES achieved revenues […]

Canadian satellite manufacturer MDA reported a strong 2023 financial year driven by the company’s constellation contract, growing revenue 26% year-over-year. MDA reported full year 2023 financial results on Feb. 28.  […]

BlackSky Technology closed out the 2023 fiscal year with record high revenues, new international customers, and a growing demand for the future. The company reported 2023 financials on Wednesday. BlackSky’s […]

Rocket Lab grew revenue 16% in 2023 year-over-year, and the company announced its fourth quarter financials on Feb. 27, along with an official lineup of its family of spacecraft buses. […]

Unseenlabs, a France-based detection and geolocation company that specializes in maritime surveillance, closed on its latest financing round of 85 million euros ($92 million), the company announced Tuesday. New investors […]

The failed debut launch of Virgin Orbit from British soil in January of last year was a bitter start to the U.K.’s spaceflight ambitions. It was also the beginning of […]

Singer, songwriter, actress, and MIT and Harvard graduate, Bridgit Mendler is now CEO of a new satellite ground tech startup Northwood. Mendler, who is known for her role as Teddy […]

  Earth observation and geospatial technology company Nuview, acquired software service platform Astræa Tuesday. Nuview plans to use Astræa’s AI-driven distribution and analysis tools to develop a high-throughput Earth observation […]

Eutelsat Group is seeing encouraging signs in its mobility business, but video revenues continue to decline. These are two of the highlights of the operator’s latest results, announced Feb. 16. […]

Iridium Communications continued its multi-year growth streak in 2023, reporting record revenue for the year of $790.7 million, up 10% from the year-ago period. The satellite operator reported full year […]

BAE Systems in the coming days will close its $5.6 billion acquisition of Ball Aerospace after receiving all required regulatory approvals, the company said on Wednesday morning. Ball Aerospace will operate […]

Direct-to-device satellite connectivity company Skylo Technologies has raised $37 million in funding, co-led by Intel Capital and Innovation Endeavors. New investors BMW i Ventures, Next47, Samsung Catalyst Fund, and Seraphim […]

LeoLabs secured an additional $29 million in funding for its catalog of Low-Earth Orbit objects (LEO). The company said this latest financing will enable LeoLabs to scale up its insight […]

Intelsat has made an investment into Israel-based satellite technology firm hiSky, along with a strategic collaboration agreement. hiSky announced the investment on Feb. 5. Along with the investment, Intelsat CTO […]

Viasat plans to initiate service soon with the first ViaSat-3 satellite, which has just a fraction of its planned capacity due to an issue with an antenna on board. The […]

Satellite network management startup Quindar raised an additional $6 million in seed extension rounds from FUSE with the continued investment from Y-Combinator and Funders Club, the company announced in late […]

Satellite-to-cell company Lynk Global officially plans to go public through a special purpose acquisition company (SPAC) merger with a blank check company led by baseball star and entrepreneur Alex ‘A-Rod’ […]

Terran Orbital on Monday said it has reached agreement with a group of investors that had been seeking management and other changes, including the replacement of current CEO Marc Bell, although […]

Revenue for Boeing Defense, Space & Security (BDS) increased 8% in 2023 compared to 2022, and the segment narrowed its net loss as it works to improve operating margin, particularly […]

Eutelsat has completed the sale of OneWeb’s 50% share in the Airbus OneWeb Satellites joint venture. The co-owner of the Florida-based business, Airbus U.S. Space & Defense, acquired the stake. […]

L3Harris grew revenue by 14% in 2023 compared to 2022, primarily due to acquiring Aerojet Rocketdyne and Viasat’s Tactical Data Links business. L3Harris reported $19.4 billion in revenue in 2023, […]

Northrop Grumman’s Space segment delivered another year of growth in 2023, posting 14% year-over-year growth. Space Systems was the largest and fastest-growing segment in the company in 2023, with $13.9 […]

The European space sector has been boosted by the news of a key financial collaboration by some of the key stakeholders in Europe. The European Commission, the European Investment Bank […]

Aldoria has secured a further 10 million euros ($10.87 million) in funding after closing a series A funding round. The space situational awareness (SSA) company has now raised 22 million […]

Albedo raised a $35 million Series A-1 financing round announced on Tuesday, to launch the company’s first operational satellite to collect ultra-high resolution imagery. These funds bring Albedo’s total funding […]

Lockheed Martin’s Space segment had a strong 2023, leading the company in growth with a 9% sales increase year-over-year. Strategic and missile defense programs and national security space programs led […]

Dan Hart began his three-decade career at Boeing in 1983, a path that led him into many enviable adventures — from working in Europe, gaining experience from engineers who had […]

Comtech Telecommunications received a $45 million investment from current shareholders White Hat Capital Partners and funds affiliated with investment manager Magnetar, the company announced Monday. Comtech said this investment gives […]

AT&T, Google, and Vodafone have made a strategic investment in AST SpaceMobile to support the commercial roll-out of AST SpaceMobile’s network. Both AT&T and Google are new investors for the […]

Yahsat and AI geospatial solutions provider Bayanat announced a large piece of consolidation at the end of the year with plans to combine into a brand new AI-powered space technology […]