Finance

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. […]

Earth imagery and data company Planet Labs (Planet) saw its fiscal first-quarter 2024 (Q1 2024) revenue total jump 31% year-over-year (YoY) and crossed a threshold of 900 global data subscribers, […]

York Space Systems has completed the acquisition of Emergent Space Technologies, a developer of mission software and Guidance, Navigation and Control (GN&C) solutions for multi-spacecraft missions headquartered in Maryland with […]

Melissa Quinn, the former head of Spaceport Cornwall, has joined spaceflight safety data and tracking company Slingshot Aerospace as its new general manager of Seradata, the launch and satellite database […]

HAMBURG, GERMANY — Executives from the aviation and satellite industries at the Passenger Experience Conference in Hamburg agreed that airlines need to invest in enhancing the passenger experience, as airlines […]

Hyperspectral Earth-imaging technology startup Pixxel raised $36 million in its Series B funding round and added Google to its list of investors, the company announced Thursday. Some of Pixxel’s existing […]

Satellite startup Hubble Network recently announced a $20 million Series A funding round, along with its plans to launch a satellite constellation for Bluetooth device connectivity. Describing the company as “Starlink […]

Viasat closed its acquisition of Inmarsat late Tuesday, completing a merger of two of the largest satellite operators. The acquisition brings together 19 satellites in Ka-, L-, and S-bands, and […]

Redwire COO Andrew Rush, formerly of Made In Space, is joining space exploration company Copernicus Space Corporation as president and CEO.  Copernicus is developing miniaturized, semi-autonomous space probes to search […]

SatixFy Communications is making another change at the CEO level, as CEO Ido Gur will step down. The company’s former Chief Commercial Officer Nir Barkan is returning as acting CEO […]

Inmarsat CEO Rajeev Suri will step down from his role with the close of the Viasat acquisition, Inmarsat announced Friday. Suri has been nominated to serve on Viasat’s board of […]

Japanese space robotics startup GITAI has raised $30 million in a Series B extension round, the company announced May 25. GITAI is headquartered in Japan and has a U.S. subsidiary. […]

Viasat’s acquisition of Inmarsat is on its way to close after clearing a review by the European Commission. The transaction is expected to close by the end of this month, […]

Fleet Space Technologies has completed a successful Series C funding round, raising a further $50 million Australian dollars ($33.14 million), the company announced May 24. The new funding has been […]