Finance

PredaSAR Corporation, a Synthetic Aperture Radar (SAR) company, has completed a $25 million seed financing round, led by Miami-based investor, Rokk3r Fuel. PredaSAR also named retired U.S. Air Force Maj....

Relativity Space is now moving to a huge new facility in California as it looks to continue its growth. The company announced Friday that it has secured a new headquarters...

Telesat released its financial results for the three-month and one-year periods that ended Dec. 31, 2019. For 2019, the Canadian satellite operator reported consolidated revenue of $911 million, which was...

Kratos Defense & Security Solutions reported its Fourth Quarter (Q4) 2019, reporting $185.1 million in revenue, a 12.6% increase over Q4 2018. The company reported Q4 2019 net income of...

Iridium released its financial results for the Fourth Quarter (Q4) of 2019 on Tuesday, reporting a Q4 net loss of $107.9 million, but also Q4 total revenue of $138.9 million,...

SpaceX’s roadmap to Mars now includes the Port of Los Angeles. The Los Angeles City Council approved a permit Tuesday that allows the Elon Musk-led company to use a site...

U.S. satellite broadband provider Hughes Network Systems may have to shut its Indian operations due to unpaid levies owed to the government, which could put thousands of banking services at...

A group of telecommunications, technology, aviation, and aerospace companies including Airbus Defence and Space and Softbank Corp., announced a partnership on Friday called the HAPS Alliance, to promote the use...

In January, CBPE Capital announced that it had invested in satellite technology vendor ETL Systems, and is open to making further investments in the satellite arena. Jolyon Latimer a CBPE...

Tarana Wireless Inc. announced on Thursday that in January, it received $24 million of follow-on preferred equity with commitments for $36 million of additional preferred equity through October 2020, fully...