Finance

Eutelsat estimates a $21.8 million risk to its Fiscal Year (FY) 2019-20 revenues due to the COVID-19 crisis. The company said in a Thursday announcement updating its financial objectives in...

ULA has repurposed some of its 3D printing equipment to produce parts for face shields and ventilators to address the COVID-19 crisis, the launcher announced on Thursday. ULA is working...

Lockheed Martin committed another $50 million in advances to its supply chain on April 9, marking the third advance, for a total of $156 million, to keep its supply chain...

Virgin Galactic has designed and built several prototype patient oxygen hoods through a partnership with sister company The Spaceship Company, NASA Armstrong Flight Research Center, and two entities in Antelope...

Maxar Technologies has closed the sale of MDA, formerly its Canadian subsidiary, to a consortium of investors led by Northern Private Capital for CAD$1 billion. Net proceeds are expected to...

Made in Space (MIS) has supplied hospitals in Jacksonville, Florida, and Mountain View, California, with 3D printed face shields made in its nearby facilities. The masks are meant to address the...

United Launch Alliance (ULA) put out a statement on April 6 that an employee in a Denver facility tested positive for COVID-19 that same day. ULA President and CEO Tory...

Finnish startup Iceye has big ambitions — the smallsat company wants to do for satellite imagery what IBM did for computing in the ‘80s. “We want to democratize the technology,...

Myriota has raised $19.3 million in Series B funding led by Hostplus and Main Sequence Ventures, the Australian Internet of Things (IoT) nanosatellite connectivity company announced Monday. Additional investors include...

Lockheed Martin is doubling the money it is advancing to businesses in its supply chain during the COVID-19 pandemic, Chairman, President and CEO Marillyn Hewson said in an April 3...