Finance

Planet increased revenue by 46% year-over-year in its 2023 fiscal year that ended January 31, 2023. The Earth observation (EO) company also announced Wednesday it is acquiring Sinergise, a developer […]

Telesat leadership did not have an update on financing for the Lightspeed constellation in its full year financial results, but confirmed the company is optimistic and confident the project will […]

SES confirmed the operator is in talks for a potential combination with fellow operator Intelsat. SES issued a statement Wednesday morning after Bloomberg reported the satellite companies are nearing a […]

Isar Aerospace, one of the new launch companies out of Europe, has secured another $165 million in financing, as it gets ready for its first launch later this year. The […]

In SpaceX’s more than two decades, the company has grown from a fledgling startup into the world’s leading launch provider. Today, SpaceX boasts a reported staff of about 10,000 people. […]

Spire Global could be delisted from the New York Stock Exchange due to the average closing price of the company’s stock. Spire said in a March 24 press release that […]

Virgin Orbit, which paused operations last week to conserve capital, plans to incrementally resume operations on Thursday to prepare for the next mission as the company continues funding talks.  Virgin […]

Terran Orbital reported a record $94.2 million of revenue in 2022 — more than doubling revenue compared to 2021, driven by the company’s subcontract for the Space Development Agency’s proliferated […]

BeetleSat, formerly NSLComm, recently named Patricio Northland as its new CEO. Northland has more than 20 years of experience in the satellite and telecommunications industries and previously was CEO of […]

Gilat Satellite Networks has signed a definitive agreement to acquire DataPath to boost its presence in the U.S. defense market, the satellite ground tech company announced March 9. Gilat said […]

Spire Global grew revenue 85% in 2022 over the prior year, reporting $80.3 million in revenue in 2022. This was within updated guidance Spire provided in November.  The company said […]

Samer Halawi is a well known figure within the satellite industry. He is held many big roles from the CEO of Thuraya, to the CCO of both Intelsat and OneWeb. […]

BlackSky Technologies nearly doubled its revenue in 2022 compared to 2021, reporting its full year financial results on Tuesday. The Earth observation company logged $65.4 million in revenue in 2022, […]

Sidus Space has appointed Eric Gillenwater as chief commercial officer, the company announced Thursday. Most recently, Gillenwater served as vice president and business head of Global Carrier & Enterprise for […]

Globalstar’s revenue increased 19% in 2022 compared to 2021, and the operator said transformation over the past year sets Globalstar up for success moving forward.  Globalstar announced a deal in […]

Rocket Lab more than tripled its revenue in 2022, propelled by growth in its Space Systems business. The launcher and spacecraft manufacturer released 2022 financials on Feb. 28, reporting $211 […]

Katrin Bacic is the new CEO of ambitious European startup UNIO. The company announced the appointment, March 1. UNIO’s goal is to build a commercial satellite constellation for high-speed, high-performance […]

SES saw an increase in its overall revenues in 2022 but a sharp fall in its net profits. These were two of the highlights of its full year results for […]

Astroscale raised $76 million in its Series G round, with funding from new investors Mitsubishi Electric, Yusaku Maezawa, Mitsubishi UFJ Bank, Mitsubishi Corporation, Development Bank of Japan, and FEL Corporation.  […]

Hughes Network Systems grew revenue by $10 million 2022 compared to 2021, despite a 16% drop in subscribers as the satellite operator faces competition from SpaceX’s Starlink business. Parent company EchoStar […]

LeoLabs executive Matthew Shouppe joined spaceflight safety company Kayhan Space as chief commercial officer, the company announced Thursday.  Shouppe has more than 13 years of industry experience in sales and […]

Momentus settled a class action lawsuit against certain of its current and former directors and former officers, the company announced Thursday.  Momentus and the lead plaintiff reached an agreement in […]

Commercial space station company Vast is acquiring Launcher for its space tug and hosted payload products. Vast announced the acquisition on Tuesday, terms of the deal were not disclosed.  Vast […]

Revenue at Eutelsat Communications dipped 6% in the first half of fiscal year 2022-23, the operator reported Feb. 17, due to a decline in broadcast revenue. Eutelsat reported total revenues […]

Thaicom saw a fall in its net profits and overall revenues in 2022. The company reported its financial results the week of Feb. 15. In 2022, the company had a […]

Iridium Communications reported another year of record revenue in 2022, growing revenue 17% compared to 2021. The company reported full year 2022 revenue of $721 million in its financial results […]

Intuitive Machines began trading on the Nasdaq on Tuesday after using a special purpose acquisition company merger (SPAC) to go public. Intuitive Machines is a space infrastructure company to supply […]

Mangata Networks is establishing Singapore as the location for its Maritime Global Headquarters (MGHQ). The company announced the move, Feb. 15. It has gained support from the Office for Space […]

Aerospace and defense engineering firm Boecore has acquired space software company Orbit Logic. Boecore said this acquisition will strengthen its software development and specialized mission operations capabilities and bring new […]

HAPS company Avealto recently launched a trademark dispute against Airbus for renaming its HAPS venture Aalto HAPS Ltd, which it argues is too similar to its own name.  The two […]