Finance

Satellite imagery company BlackSky will execute a reverse stock split to raise its share price, the company announced Wednesday.  BlackSky’s shareholders approved the 1-for-8 reverse split during an annual meeting on...

Telesat is selling satellite services business Infosat Communications to Canadian company Network Innovations. Infosat Communications is a satellite services company focused on serving remote business operations. Network Innovations, a technology...

Slam Corp., the special purpose acquisition company (SPAC) planning to merge with Lynk Global, was delisted from the Nasdaq on Aug. 27 as the company pushed back its deadline to...

Global satellite operator Viasat announced Wednesday that it has hired Delta Air Lines‘ Senior Vice President of Operational Finance Gary Chase as its new CFO. Chase will start with Viasat...

Scottish satellite data startup Space Intelligence completed a Series A funding round led by new investors AzurX Space Ventures (ASV) with participation from Intercontinental Exchange, Inc. Dr. Murray Collins, co-founder...

The European space startup scene has been going strong in the past few years despite global financial headwinds. But accessibility of growth-stage funding and too much red tape remains an...

Swiss satellite IoT company Astrocast delisted from the Euronext Growth Exchange in Oslo, Norway, as leadership decided to take the company private. CEO Fabien Jordan explained the strategy behind the...

Mynaric is experiencing production delays on its laser communication terminals, causing the company to slash its revenue guidance. Mynaric updated its guidance on August 20 and also announced the company’s...

Comtech has relocated its corporate headquarters from Melville, New York to Chandler, Arizona to invest in the next stage of the company’s growth.  The company has had a presence in...

Lockheed Martin on Thursday said it has agreed to acquire satellite manufacturer Terran Orbital in a $450 million deal based on enterprise value, a bargain versus the $606 million unsolicited proposal...