Finance

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 […]

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 […]