Finance
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Finance
Telesat’s Lightspeed is Now Fully Funded, MDA to Build Constellation
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 […]
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Finance
Spire Posts Record Revenue, Loss Reduction in 2Q 2023 Just Before Planned Stock Split
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 […]
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Finance
With Viasat-3 Status Still in Limbo, CEO Mark Dankberg Outlines Possible Responses to Total Loss Scenario
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 […]
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Finance
BlackSky Posts Double-Digit Revenue Increase in Q2
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 […]
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Finance
Rocket Lab Boosts Revenue 12% in Second Quarter of 2023
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 […]
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Finance
Dish and EchoStar to Combine, Pitching the Value of Satellite-Terrestrial Convergence
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 […]
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Finance
Tina Ghataore Joins Aerospacelab as Chief Strategy and Revenue Officer
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 […]
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Finance
Firefly Hires Blue Origin Exec Bretton Alexander as Chief Revenue Officer
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 […]
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Finance
Tilebox Closes Pre-Seed Funding, Raising $1.7M
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 […]
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Finance
Globalstar Increases Guidance With First Half Growth
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, […]
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Finance
SES Reports Revenue Uptick in H1, Along with Power ‘Trip Offs’ in mPOWER Power Modules
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 […]
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Finance
Planet to Layoff 117 Employees and Focus on ‘High ROI Opportunities’
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 […]
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Finance
Orbit Fab Appoints Terran Orbital Exec Shawn Hendricks as COO
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 […]
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Finance
L3Harris Closes Aerojet Rocketdyne Acquisition
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 […]
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Finance
Eutelsat Projects Return to Growth Next Year Despite Video Decline in 2022-23
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 […]
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Finance
Leaf Space Raises $22M in Series B Round to Grow Ground Segment Business
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 […]
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Finance
Kleos Space to File for Bankruptcy
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 […]
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Finance
Northrop Grumman Space Systems Boosts Sales in Q2, But Logs $36M NASA Charge
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 […]
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Finance
Boeing Swings to Loss in Second Quarter on Defense, Space and Commercial Programs
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 […]
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Finance
Iridium Doesn’t Expect Qualcomm Direct-to-Device Activations Until 2024
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 […]
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Finance
Impulse Space Raises $45M in Series A Funding Round
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 […]
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Finance
Generation Space Tracks ‘Cautious’ Return to Growth for Investment in Q2
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 […]
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Finance
Increased Space Sales Contribute to Strong Quarter for Lockheed Martin
Lockheed Martin’s Space segment saw a 12% increase in sales in the second quarter of 2023 compared to the same time last year, with higher sales on both national security […]
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Finance
ETL Systems Hires Alex Baldock as New COO
ETL Systems has appointed Alex Baldock as its new COO, the company announced July 17. Before joining ETL Systems, Baldock held senior leadership positions with Magellan Aerospace, Cobham Group and, […]
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Finance
HawkEye 360 Says $58M Raise Will Advance RF Sensing and Processing Innovation
HawkEye 360 Inc. said on July 13 that it has raised $58 million in a Series D-1 round of funding from venture capital and private equity firms, including BlackRock, Manhattan Venture Partners, Insight […]
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Finance
Faces in Satellite: Aida Al Yaaqoubi of Yahsat Takes Pride in Satcom’s Real-Life Applications
This article is part of a series in which Via Satellite interviews people in the industry at different points of their careers, with a focus on career decisions-making, and what […]
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Finance
Atlas Space Operations Names New CEO, Opens Government Subsidiary
Ground software as a service company Atlas Space Operations named John Williams as its new CEO, and opened a government-focused subsidiary, Freedom Space Technologies, the company announced this week. Williams […]
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Finance
Thales Alenia Space Opens Space Business Accelerator
Thales Alenia Space has a new initiative to support startups with a new industry accelerator called the Space Business Catalyst, announced July 4. There are two locations, based in Toulouse, […]
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Finance
Fleet Space Appoints Matteo Genna as New CTO
Fleet Space has appointed Matteo Genna as its new CTO, the company announced July 5. Genna has been in the space industry for around 30 years. After gaining his PhD […]
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Finance
ITU Waives Rivada Constellation Deadline
The International Telecommunications Union (ITU) has granted Rivada Space Networks request to waive the requirement to put 10% of its constellation into orbit this year. The decision came from the […]





























