Finance

Last week, Spaceflight Industries — made up of launch service provider Spaceflight, and geospatial intelligence business BlackSky — announced a deal to sell Spaceflight to Japanese company Mitsui & Co.,...

Mitsubishi Electric Corporation has completed a new satellite production facility at the company’s Kamakura Works in Kamakura, Japan. Between this facility and existing facilities, Mitsubishi Electric’s plans to increase annual...

DISH Network Corporation reported its Fourth Quarter (Q4) 2019 revenue totaled $3.24 billion, a decrease of 2.1% from the $3.31 billion in revenue for 2018 Q4. Net income attributable to...

Blue Origin opened its rocket engine production facility in Huntsville, Alabama on Monday. The company plans for this 350,000 square-foot engine manufacturing facility to conduct high rate production of the...

Eutelsat released its financial results for the first half of its 2019/20 Fiscal Year (FY), and First Half revenues of its verticals were down 4.9% like-for-like compared to 2018. The...

Relativity Space Could Relativity Space be the next SpaceX? While there are many parallels between the two launchers, Relativity CEO Tim Ellis and his team are looking to create their...

The past 10 years have been the decade of New Space and commercialization of the space sector. The amount of private capital plowed into space has ballooned from some $200...

Astranis has finished a $90 million financing round led by Venrock, with significant participation from existing investor Andreessen Horowitz. The company said it is building the first of its kind...

Spaceflight Industries is selling its satellite rideshare launch business Spaceflight to Mitsui & Co., in partnership with Yamasa Co. Spaceflight Industries plans to leverage the capital from this agreement to...

The SES Board of Directors has appointed Sandeep Jalan as CFO, effective on May 6. Sandeep succeeds Andrew Browne who stepped down in October 2019. He was most recently the...