Finance

GPS startup Zephr raised $3.5 million in a seed round led by Space Capital and First Spark Ventures, the company announced Tuesday. Zephr is working to create a networked GPS […]

Viasat is laying off 800 employees, about 10% of its workforce, as it is integrating the Inmarsat business post-acquisition. Viasat announced the reduction on Thursday and said it will be […]

MDA closed on its acquisition of SatixFy Space Systems UK (SSS) on Oct. 31, the company announced. MDA announced its plan to acquire the digital payload division of SatixFy Communications […]

SES is pushing back the start of commercial service for its O3b mPOWER constellation to early in the second quarter of 2024, as it deals with power module issues on […]

Maxar Intelligence has named Dan Smoot as CEO, after Maxar Technologies recently split into two businesses — Maxar Space Infrastructure and Maxar Intelligence. The satellite imagery-focused company announced the move […]

The Space & Airborne Systems and Communication Systems segments at L3Harris delivered growth in the third quarter of 2023.  Company-wide revenue at L3Harris was up 16% in Q3 compared to […]

Terran Orbital held a town hall on Thursday to increase investor confidence in an attempt to raise the share price. Over an hour-long call, CEO and Chairman Marc Bell took […]

Eutelsat Communications operating vertical revenues in the first quarter of the operator’s 2023-24 fiscal year were down 2.4% compared to the same time last year on a like-for-like basis. Eutelsat […]

Space Systems was the fastest-growing segment at Northrop Grumman in the third quarter of 2023, with 11% growth year-over-year. The company released Q3 results on Thursday, and raised guidance for […]

Boeing’s Defense, Space & Security (BDS) segment posted a 3% revenue increase in the third quarter of 2023 compared to the same time last year. However, losses on a satellite […]

NanoAvionics co-founder Vytenis Buzas is stepping down from his role as CEO, the company announced Oct. 24. The company’s Chief Sales Officer Žilvinas Kvedaravičius will take over as interim CEO, […]

Revenue at Iridium Communications increased 7% in the third quarter of 2023 compared to the same time last year, but the company’s stock value dipped after the results were released […]

Terran Orbital’s stock is at risk of being delisted if the company cannot raise its average share price over $1.  The New York Stock Exchange sent the satellite manufacturer official […]

Arabsat has signed an MoU with Microsoft as it looks to play a key role in the acceleration of digital transformation and the development of its services. The two companies […]

Arlula, an Australian start-up company, is to gain further funding from Lockheed Martin Ventures, a subsidiary of Lockheed Martin. Arlula announced the new investment, Oct. 19. It is the second […]

Capella Space appointed Frank Backes as its new CEO, the company announced Tuesday. Payam Banazadeh, who founded the company and has led it since 2016, will serve as board director. […]

Lockheed Martin’s Space segment delivered a strong 8% revenue increase in the third quarter of 2023, led by higher sales on strategic and missile defense programs.  Lockheed Martin released its […]

ST Engineering iDirect appointed two new leaders to its executive team, naming Sridhar Kuppanna its new senior vice president of Engineering and Cynthia Harty as senior vice president of Corporate […]

SES hired from outside of the satellite industry with its new CEO. The company announced Oct. 13 that T-Systems International executive Adel Al-Saleh will become its new CEO in February […]

Stellant Systems is acquiring Comtech’s Power Systems Technology (PST) product line for $40 million, the companies announced Friday. Stellant is acquiring the PST product line to strengthen its portfolio of […]

Ligado Networks filed a lawsuit against the U.S. government, claiming the government unlawfully took the company’s licensed spectrum without compensation. Ligado announced the lawsuit on Oct. 12. It was filed […]

German startup OroraTech has appointed Martin Langer as its new CEO. The company announced the appointment Oct. 11. OroraTech strives to continue breaking the barriers of Earth Observation (EO) by […]

Viasat gave an update on the status of its ViaSat-3 satellite on Thursday, sharing that although it expects to recover less than 10% of the throughput of the satellite, the […]

European space startup Tilebox has a vision to radically improve how organizations manage and utilize space data. Co-founder and CCO Laura Costa recently spoke with Via Satellite about Tilebox’s mission, […]

Pale Blue, a Japanese space propulsion startup, has secured a further $7.5 million (1 billion yen) in funding, the company announced Oct. 5. The company also announced that it had […]

Rocket Lab officially opened a new engine development center in Long Beach, California, in the facility acquired out of Virgin Orbit’s bankruptcy proceedings.  The new manufacturing complex is more than […]

ManSat has rebranded itself as River Advisers in a strategic move. The company announced the rebrand Oct. 3. The company feels it needs a fresh brand identity as it looks […]

The UK Space Agency (UKSA) will invest a further 65 million pounds ($79.1 million) of funding for innovations that could boost U.K. leadership in space technologies and applications. The latest […]

One of the biggest deals in the satellite sector has been completed. Eutelsat completed the all-share combination with OneWeb on Sept. 28. This follows after Eutelsat shareholders approved the deal […]

Sidus Space announced two leadership appointments this week, elevating Leonardo Riera to chair of its board of directors, and Jared Novick to the role of COO. Both were already involved […]