Finance

The European space industry is witnessing a shake-up today as one of the continent’s biggest consolidation moves is now public. Airbus, Leonardo and Thales announced Thursday that they have signed...

Nxgsat, a Belgian space modem company, has closed a 1.2 million euros ($1.4 million) funding round. The company’s flagship product is a high-speed, 5G satellite modem designed to enable seamless...

Eutelsat saw a 70% boost in Low-Earth Orbit (LEO) revenues in the first quarter, offsetting declines in Video and Mobile Connectivity to hold overall revenue stable.  The operator reported first...

Seraphim Space Investment Trust’s (SSIT) overall portfolio is worth close to 260 million pounds ($348.91 million) at the end of June, a close to 29% increase compared to the same...

Europe needs to adopt faster procurement mechanisms, invest more in emerging technologies, and have closer collaboration with non-space sectors to close an innovation gap with the global space sector, the...

HyImpulse, one of Europe’s up and coming launch companies, has raised a further 45 million ($52.5 million) in funding, as it targets starting commercial launches as early as next year....

ABS has completed its move to Dubai as it looks to the next step of its growth path. It has successfully completed redomiciliation to the Dubai Development Authority (DDA). By...

French space and defense startup Dark is shuttering its operations, the team announced Oct. 8. The company was focused on developing an air-launched spacecraft for defense missions, capable of capturing...

Launch startup Stoke Space has raised a $510 million Series D funding round, which the company says will fund its Nova rocket through the first flights. This is the company’s...

Space investment firm Seraphim is tracking rapid growth in the in-space economy, more focused investment for satellite analytics, and larger funding rounds going to more companies. Via Satellite recently spoke...