Finance

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 […]

Satellite has long played a role in agriculture — from GPS satellites enabling precision agriculture, to data from Landsat observation satellites informing decisions and forecasts related to crop yield and […]

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 […]

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 […]