Finance

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 […]

Italian space logistics company D-Orbit raised $100 million euros ($110 million) in a Series C funding round announced Thursday. Japanese industrial conglomerate Marubeni Corporation led the round, solidifying a commercial […]

EchoStar Corporation transferred some of Dish Network’s spectrum licenses to a newly formed subsidiary, the company said in a Jan. 10 announcement.  According to EchoStar, Dish Network has transferred certain […]

Space Norway has completed its acquisition of Telenor Satellite following approval by the Norwegian parliament. The completion of the deal was announced, Jan. 4. The purchase by Space Norway gives Telenor […]

EchoStar Corporation completed its acquisition of Dish Network to close out 2023 on Dec. 31. The deal, first announced in August, combines Dish Network’s satellite technology, streaming services, and nationwide […]

Terran Orbital has started the year by announcing two significant financial updates regarding its cash balance as well as an update on its contract with Rivada Space Networks. The company […]

Japanese satellite company Axelspace raised $44 million in a Series D funding round, the company announced Dec. 20. Axelspace, based in Tokyo, has an Earth observation (EO) business and manufactures […]

Yahsat has announced a stunning piece of consolidation as it looks to be a part of a brand new AI-powered space technology powerhouse in the Middle East and beyond. It […]

Satellite startup Lynk Global, which has proven satellite-to-cell technology, plans to go public through a special purpose acquisition company (SPAC) merger with Alex Rodriguez’s SPAC, Slam Corp.  Lynk and Slam […]

HawkEye 360 is acquiring two radio frequency (RF) satellites from Maxar Intelligence that were part of Aurora Insight before Maxar acquired the company. HawkEye announced Monday it is acquiring the […]

Sidus Space will execute a reverse stock split on Tuesday to raise its share price, after receiving approval from its stockholders. The company will reverse split its stock so that […]

True Anomaly raised a $100 million Series B funding round, the company announced Tuesday. The company builds spacecraft and software to address space domain awareness, and said this funding will […]

Comtech reported strong revenue growth in the first quarter of its 2024 fiscal year, growing revenue 15.9% over the same time last year. However, the company disclosed in its Q1 […]

Orbex has appointed John Bone as its new chief commercial officer, the company announced Dec. 6. This appointment comes as Orbex advances its preparations for the launch of Orbex Prime, […]

Canada’s NorthStar Earth & Space raised a $20 million Canadian dollar ($14.7 million) Series D funding round, the company announced Dec. 6. Telesystem Space invested in the round, along with […]

Comtech has hired former iDirect Government executive John Ratigan as the company’s first chief corporate development officer (CCDO). In this role, Ratigan will oversee new business initiatives aligned with Comtech’s […]