Finance

Loft Orbital raised $170 million in a Series C round, the company announced on Tuesday, along with plans to scale operations incorporating inter-satellite links and more AI onboard its satellites. ...

Less than three months after naming a new CEO, Comtech Telecommunications is going through another leadership shakeup. The company’s board named Ken Traub as president and CEO on Jan. 13,...

After filing for bankruptcy this week, Ligado Networks sued Inmarsat Global, alleging breach of contract over a spectrum agreement between the companies. Ligado announced the suit on Jan. 7, which...

Gilat Satellite Networks (Gilat) has completed the acquisition of Stellar Blu Solutions (Stellar Blu), a U.S.-based provider of satellite communications terminals in a bid to strengthen its position in the...

Automotive giant Toyota is investing in Japanese rocket startup Interstellar Technologies as part of its vision for the future of mobility.  Woven by Toyota (WbyT), the mobility arm of Toyota...

Ligado Networks has filed for Chapter 11 restructuring, and has signed a deal with AST SpaceMobile to allow the company to use Ligado’s mid-band spectrum.  Ligado announced the bankruptcy filing...

The special purpose acquisition company (SPAC) planning to merge with Lynk Global extended its deadline to complete the merger and must return more than $80 million after shareholders voted to...

Japanese satellite company Synspective ended 2024 with a public listing on the Tokyo Stock Exchange Growth Market and a dedicated satellite launch on Dec. 21.  Rocket Lab launched a single StriX...

Iceye closed $65 million in extension funding, taking the company’s total raised in 2024 to $158 million. The funding round extension included participation from funds managed by Finnish sovereign wealth...

Australian space startup Fleet Space Technologies closed a Series D funding round worth $150 million Australian dollars ($100 million) to grow the capabilities of its ExpoSphere platform, which combines satellite...