Finance

Commercial space station company Sierra Space announced a $290 million Series B funding round on Tuesday, valuing the company at $5.3 billion. The round takes Sierra Space’s total capital raised […]

Blue Origin CEO Bob Smith is stepping down from his position at the end of this year, and Amazon’s Kuiper lead Dave Limp will become CEO of the company. A […]

The Global Satellite Operators Association (GSOA) has appointed ManSat’s CFO Rachel Beattie to be its new treasurer. GSOA announced the appointment Sept. 25. Beattie has been the CFO at ManSat […]

Maxar Technologies is reorganizing into two businesses, splitting the company into Maxar Space Infrastructure and Maxar Intelligence. A representative for the company confirmed the move in a statement to Via […]

Iridium Communications will hit $1 billion in annual service revenue in 2030, CEO Matt Desch projected during the company’s investor day presentation on Thursday, setting a bold revenue target for […]

Kayhan Space raised $7 million in a seed extension round to advance the development of its Pathfinder spaceflight safety platform. Venture capital firms Space Capital and EVE Atlas funded the […]

Sidus Space has been granted an additional 180 calendar days, or until March 11, 2024, to regain compliance with The NASDAQ Stock Market, the Space-as-a-Service company announced Thursday. Unlike many […]

SWISSto12, the Swiss smallsat company. has gained new financing, the company announced Sept. 13. It has secured a CHF 25 million ($28 million) working capital facility from UBS Switzerland, the […]

Intelsat is teaming up with Aalyria as it looks to advance multi-orbit connectivity. Intelsat announced the deal, Sept. 12. The deal aims to advance the development of a new optical […]

Chris Emerson, the former Chairman and CEO of Airbus US Space and Defense, was appointed Chairman of antenna manufacturer ALL.SPACE‘s board of directors, the company announced Monday. Emerson currently serves […]

PARIS — Leading satellite operators CEOs speaking on a World Satellite Business Week panel on Monday said they are building out multi-orbit networks and partnerships to deal with competition from […]

Planet Labs delivered record quarterly revenue of $53.8 million in the second quarter of its 2024 fiscal year, beating guidance on gross margin and Adjusted EBITDA, but cut its full-year […]

Speedcast appoints James Feger as the company’s new chief technology officer, to improve its software-defined wide area networking solutions. Feger joins Speedcast from application security and multi-cloud management company F5, […]

Microgravity research and manufacturing company Space Tango has hired Sita Sonty as CEO, the company announced Sept. 1. Space Tango works in microgravity applications for hardware, software, materials science, biotech, […]

Intuitive Machines has secured a $20 million equity investment, giving the company enough capital that it doesn’t have to use a $50 million line of credit. The space exploration company […]

Japanese space robotics startup GITAI raised $15 million in a Series B extension round to expand the company’s business in the U.S. and partially fund a lunar surface tech demonstration. […]

Spire Global used a reverse stock split on Thursday to raise its trading price over $1. This means that every 8 shares of Spire were merged to 1 share, reducing […]

MDA is acquiring SatixFy’s digital payload division in a $40 million acquisition to increase its offerings in the digital satellite communications market, the Canadian manufacturer announced Thursday.  SatixFy is headquartered […]

Satellite flight software provider ReOrbit raised $7.4 million in an oversubscribed seed funding round, the Helsinki-based company announced Wednesday. Inventure VC led the round, along with participation from 10xFounders, Icebreaker.vc, […]

SatSure, an Earth observation startup based in India and focused on using satellite data for agricultural insurance use cases, raised $15 million in a Series A round. Baring Private Equity […]

Former Qualcomm CEO and XCOM Labs founder Paul Jacobs is joining Globalstar as CEO, as Globalstar announced Tuesday that CEO David Kagan is retiring. The move is part of a […]

Telesat dropped a huge announcement earlier this month as it finally revealed its Lightspeed constellation is full steam ahead. Telesat has funding in place and switched to MDA from Thales […]

SCOUT Space has made an acquisition to strengthen its defense and technical capabilities, acquiring space domain awareness software company Free Space. SCOUT announced the acquisition on Aug. 24. Terms of […]

In-space transportation company Momentus executed a reverse stock split on Wednesday, to raise the price of its shares so the company can continue trading on the Nasdaq stock exchange.  Momentus […]

Sidus Space is acquiring Exo-Space to expand into the AI sector and improve its solutions for the Earth observation market. Sidus Space is a satellite manufacturing and space services company […]

Private equity firm Trive Capital is acquiring Hypergiant Industries to advance its AI solutions for the defense sector. Trive Capital, based in Dallas, announced the acquisition on Tuesday. Terms of […]

Commercial space station company Axiom Space raised $350 million in its Series-C round of growth funding from Saudi financier Aljazira Capital and existing investor Boryung, a Korean pharmaceutical manufacturer. Axiom […]

Britain’s BAE Systems  on Thursday said it has agreed to a acquire Ball Corp.’s aerospace unit for $5.6 billion and highlighted the business is forecast to generate $2.2 billion in sales this […]

Spire Global named Leo Basola as its new chief financial officer. This appointment comes after earlier this year, the company’s CFO Thomas Krywe announced he would step down in September.  […]

The Space Development Agency (SDA) has awarded Momentus a small business innovation research (SBIR) award to tailor its orbital service vehicle for Department of Defense needs. However, the company faces […]