Finance

Terran Orbital reported record revenue of $32.2 million in the second quarter of 2023, a 51% increase over the same period in the prior year, and is targeting an even […]

Orbex, has appointed a former British Airways exec Lesley Still as its new chief of spaceport operations. The company announced the appointment, Aug. 15. Orbex is advancing preparations for the […]

AST SpaceMobile secured a financing package that funds the launch of its first five direct-to-cell commercial satellites, the company announced Monday.  CFO Sean Walllace said the company secured up to […]

Astra Space recently laid off 70 employees and reallocated other employees from its launch business to its spacecraft engine team in a bid to manage expenses and put more resources […]

Planet has closed its acquisition of Slovenian company Sinergise to expand and enhance its Earth Data Platform. Planet announced the acquisition in March of this year.   Sinergise makes the technology […]

It seems hardly a week goes by without some harrowing prediction related to climate change. It is becoming increasingly clear that space companies will have a prominent role in the […]

Michèle Flournoy, the former U.S. Under Secretary of Defense who served during President Obama’s first term in office, has joined Rivada Networks’ Board of Directors, the company announced Thursday. Flournoy […]

SES has revealed details of a new content deal in Latin America. It is partnering with Quanta, that will see the two companies interconnect their content delivery networks for sports […]

It is all systems go for Canadian operator Telesat and its Lightspeed LEO satellite constellation. In a surprise announcement on Friday, the company confirmed that the long-awaited constellation is now […]

Space-based data, analytics and space services provider Spire Global turned in one of its best fiscal quarter performances in 2Q 2023, reporting its strongest revenue haul and lowest operating loss […]

On what should have been a cheerful Q1 2024 financial earnings call to promote strong year-over-year revenue growth, Viasat Chairman and CEO Mark Dankberg spent most of his time explaining […]

BlackSky Technology reported $19.3 million in revenue in the second quarter of 2023, up 28% from the prior year period, citing increased demand for satellite imagery and monitoring. The company […]

Rocket Lab revenue was up 12% in the second quarter of 2023, above the midpoint of the launcher’s prior guidance.   Rocket Lab released its second quarter 2023 financial results on […]

EchoStar Corporation and Dish Network are getting back together. The two Charlie Ergen-founded companies announced a deal to combine on Tuesday, with a plan to bring together satellite and terrestrial […]

Less than a week after she announced her departure from Mynaric, Tina Ghataore has a new role in the satellite industry. Ghataore has been appointed as the new group chief […]

Firefly Aerospace has named former Blue Origin executive Bretton Alexander as chief revenue officer (CRO) to lead business development planning to drive revenue growth. Alexander will oversee all sales and […]

Tilebox, a new European space startup has closed its pre-seed round of funding, raising $1.7 million. The company announced the close of the funding round Aug. 1. The round was […]

Globalstar’s financial position has been greatly improved with the company’s deal to provide the satellite service for Apple’s iPhone 14 emergency messaging service. In the first half of this year, […]

Revenue at SES grew nearly 10% in the first half of this fiscal year, but the operator also disclosed a minor issue with O3b mPOWER satellites in its half year […]

Planet will lay off 117 employees, CEO Will Marshall announced Tuesday, after the company lowered its guidance last quarter.  Planet published a note that Marshall sent to the company, explaining […]

Orbit Fab has hired former Terran Orbital executive Shawn Hendricks as its first chief operating officer (COO), to ramp up the company’s internal production. Orbit Fab announced the hire July […]

L3Harris closed on its acquisition of rocket propulsion supplier Aerojet Rocketdyne on Friday, after the Federal Trade Commission did not block the move.   More than 5,000 employees from Aerojet Rocketdyne […]

Eutelsat Communications is optimistic for a return to top line growth in the coming fiscal year, despite drop in Video revenues. The company reported 1.13 billion euros ($1.25 billion) in […]

Ground segment service provider Leaf Space raised 20 million euros ($22 million) in a Series B round announced July 25. The company also took on a 15 million euro ($17 […]

Radio frequency (RF) data provider Kleos Space is preparing to file for bankruptcy, announcing July 26 that it is unable to meet its financial obligations.  The company said in a […]

Northrop Grumman’s Space Systems segment posted double-digit growth in the second quarter of 2023, leading the company in sales growth, while also taking a $36 million charge from the HALO […]

Losses on several defense and space programs combined with a wider loss in the commercial airplane building segment led Boeing on Wednesday to report a net loss in income despite strong […]

Iridium Communications is unlikely to see direct-to-device activations this year, expecting the first activations of this new offering with Qualcomm in 2024, CEO Matt Desch said in a call with […]

In-space transportation company Impulse Space, founded by SpaceX founding member Tom Mueller, raised $45 million in an oversubscribed Series A funding round, the company announced Monday. RTX Ventures, the venture […]

The second quarter 2023 report from Generation Space by Seraphim found a “cautious return” to space investment after a decline in the second half of last year.  Generation Space reported […]