Finance

Avanti Communications (Avanti) completed its move to a new headquarters at Spaceport Cornwall’s Space Systems Operations Facility (SSOF), in Newquay. Cornwall is fast becoming a major U.K. space hub. Avanti...

Startup satellite developer Portal Space Systems on Thursday said it raised $17.5 million in an oversubscribed seed round that will support the full-scale demonstration of its Supernova multi-role, transorbital spacecraft...

Aetherflux, the space solar power startup from the co-founder of Robinhood Baiju Bhatt, raised $50 million in a Series A funding round, the company announced Wednesday.  Index Ventures and Interlagos...

MDA Space will acquire Israeli satellite tech company SatixFy Communications for $193 million under an agreement announced on Tuesday to boost its technology portfolio for satellite constellations.  In 2023, MDA...

Spire Global grew revenue 13% in 2024, as it deals with “ongoing disruption” working to close a sale of its maritime business to data and analytics platform Kpler. Spire reported...

While Telesat has always been optimistic on government prospects for its Lightspeed Low-Earth Orbit constellation, “tectonic shifts” in the geopolitical landscape have made the operator even more bullish on national...

Satellogic completed the relocation of the company from the British Virgin Islands to Delaware in the United States, Satellogic announced on March 26. Satellogic initially announced the move in April...

Karman Space & Defense, a California-based integrated space systems manufacturer startup, raised over $500 million for investors and shareholders since it successfully completed its IPO on the New York Stock...

Globalstar opened a new satellite operations control center (SOCC) at its Covington, Louisiana headquarters on March 17. Globalstar said the SOCC represents a “key investment,” enhancing satellite fleet management and...

For years, enterprise customers of Starlink have complained that the company doesn’t offer a conventional enterprise contract, with the traditional guarantees of bandwidth, uptime, and availability, known as “service level...