Finance

Space industry veteran Nicole Robinson is joining Comtech’s executive team as chief strategy officer, the company announced Tuesday. Robinson joins Comtech from Ursa Space Systems where she served as president. […]

Inmarsat is working to restore services from its I-4 F1 satellite after the satellite experienced an outage late on Sunday. This satellite provides L-band coverage in the Asia-Pacific region.  Inmarsat […]

Orbit Fab, which aims to offer on-orbit refueling services, has raised $28.5 million in its Series A round, the company announced Monday. 8090 Industries led the round, with major investments […]

Kepler Communications has raised $92 million in its Series C funding round, led by IA Ventures. The Toronto-based company plans to use the funding to launch an optical data relay […]

Viasat has named former Verizon Media executive K. Guru Gowrappan as president, to work closely with CEO Mark Dankberg on the company’s global operations and growth strategy. Dankberg said in […]

Multi-orbit antenna manufacturer All.Space has hired a former SES leader as the company’s new chief development officer (CDO) to help the company scale as it prepares to release its products […]

The Space Safety Coalition released updated guidelines for sustainable space operations this month, endorsed by 27 companies and groups including The Aerospace Corporation, Avanti, Intelsat, LeoLabs, Planet, and Slingshot Aerospace.  […]

The current global economic climate may prove challenging for the satellite ecosystem, as rising interest rates and fear of a recession may dampen some startup activity as investors are more […]

True Anomaly, Inc., a year-old company focused on space security, domain awareness, and training, on Thursday said it has raised $30 million in funding so far and plans to launch […]

Axelspace, a Japanese Earth observation provider and smallsat manufacturer, has raised new funding and is partnering with new Japanese venture Space Compass on its Space Integrated Computing Network.  Axelspace announced […]

Virgin Orbit has filed for Chapter 11 bankruptcy after the company was unable to secure new funding. The smallsat launcher said in an April 4 statement that it intends to […]

Consulting firm Deloitte has launched a space practice called Deloitte Space to advise organizations on the potential of the industry. Deloitte has 15 years of experience advising in the space […]

AST SpaceMobile gave an update on BlueWalker 3 satellite-to-cell tests in its full year financial results, reporting initial tests show the downlink signal strength needed to reach 5G cellular broadband […]

Virgin Orbit laid off about 85% of its workforce, approximately 675 employees, after it was unable to secure funding.  The smallsat launcher disclosed the layoffs in filings to the Securities […]

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 […]