Finance

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

Steve Collar has been the face of SES and O3b for just over a decade. However, in mid-June, Collar announced he was stepping down from the role as SES’s CEO […]

Space computing company Ramon.Space has raised $26 million from Ingrasys, a subsidiary of Foxconn Technology Group, Abu Dhabi-based strategic investment firm Strategic Development Fund, and existing investors Grove Ventures, Deep […]

Airmo, another climate and space-based start-up, has closed a pre-seed funding round of 5.2 million euros ($5.69 million). The company announced the funding round June 27. This pre-seed round will […]

A judge has sided with SES in an ongoing dispute over $421 million of Intelsat’s C-band proceeds, ruling that the previous bankruptcy court erred in siding with Intelsat. The June […]

Revenue from satellite broadband services grew 18% in 2022, according to the Satellite Industry Association’s (SIA) 2022 “State of the Satellite Industry Report” by BryceTech. The annual report examines the […]

AsiaSat has made a significant acquisition in the media arena. It has fully acquired Lightning International Limited, a content distribution and media solutions company based in the U.K. and Hong […]

Intelsat has ended talks of a potential merger with fellow satellite operator SES, a source close to the discussions told Via Satellite. SES confirmed in a press release Thursday morning […]

SES’s announcement on Monday that Steve Collar is leaving his role as CEO means there will be huge change at one of the world’s biggest satellite operators. The timing of […]

Forsway has appointed Bengt Jonsson as its new chairman, the company announced June 14. A long-time investor with strong roots in Forsway, Jonsson previously served as managing director of the […]

Tomorrow.io announced an $87 million Series E funding round, along with the successful launch of its second satellite on this week’s SpaceX rideshare mission. Activate Capital led the round for […]

Terran Orbital has hired Tony Gingiss as the company’s new COO, snagging the executive after Virgin Orbit’s bankruptcy.  Gingiss has a long career in the space industry including more than […]

Viasat’s former CEO Rick Baldridge is retiring from his role as vice chairman with the completion of the Inmarsat acquisition, and will remain on the company’s board of directors.  Baldridge […]

New European startup UNIO has hired Frederic C. Baker as CTO. He will lead the architecture build-out of the company’s commercial satellite constellation focused on the automotive and mobility sector. […]

Singapore-based startup Zero-Error Systems (ZES) has closed an oversubscribed $7.5M Series A funding round, with participation from Airbus Ventures. The company specializes in semiconductor solutions for space and power management […]

Firefly Aerospace is acquiring smallsat rideshare company Spaceflight for an undisclosed amount, and will end Spaceflight’s rideshare business after its current contracts. The company announced the deal last week on […]

Kerry Wisnosky is joining Quantum Space as the startup’s president and CEO, the company announced Friday. He is now responsible for Quantum Space’s strategic direction moving forward as the company […]

SES is on the hunt for a new CEO after the company announced that CEO Steve Collar is stepping down. Collar had been in the role just over five years. […]