Finance
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Finance
Former SES CEO Karim Michel Sabbagh Joins E-Space
Karim Michel Sabbagh, former CEO of SES, joins Greg Wyler’s new venture E-Space as managing director of Europe and the Middle East. Sabbagh will oversee all European and Middle East […]
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Finance
Oklahoma Gov. Stitt Shares Space Ambitions for Regional Advanced Mobility Hub
In August this year, Oklahoma Governor Kevin Stitt and Arkansas Governor Asa Hutchinson unveiled ambitious plans to position the Oklahoma-Arkansas region as a national hub for advanced mobility (AM). The […]
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Finance
AE Industrial Partners to Acquire Majority Stake In York Space Systems
The private equity firm AE Industrial Partners (AEI) on Tuesday said it has agreed to acquire a majority share of the spacecraft company York Space Systems, which has a prime contracting role in […]
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Finance
Viasat Divests Link 16 Business to L3Harris for $2B
Viasat is selling its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies in a nearly $2 billion divestiture that the companies say sharpens Viasat’s core focus and deepens […]
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Finance
Redwire to Acquire Belgian Firm QinetiQ Space NV
Redwire Corporation announced a deal Monday to acquire QinetiQ Space NV (“Space NV”) for 32 million euros ($31 million). Space NV, based in Belgium, is owned by QinetiQ Group plc […]
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Finance
Astroscale Secures $35M Loan from MUFG Bank
Astroscale has signed a three-year term loan agreement totalling 5 billion Japanese yen ($35 million) with MUFG Bank. (MUFG), leveraging the credit guarantee program offered by Organization for Small […]
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Finance
Astroscale Opens Zeus Satellite Manufacturing Facility in UK’s Harwell Cluster
Astroscale has opened a new satellite manufacturing facility and operations facilities at the Harwell Science & Innovation Campus in Oxfordshire in the United Kingdom. The new facility, dubbed Zeus, covers […]
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Finance
L3Harris Moving Stackley To New Strategic Position, Names Rambeau New Chief Of IMS
L3Harris Technologies on Monday said is creating a new strategic position within the company aimed at better fusing its capabilities corporate-wide to win more business as prime contractor and expand […]
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Finance
Satellite Hardware Startup Somewear Labs Raises $13.7M Series A Round
Satellite hardware startup Somewear Labs Raises $13.7 million in its Series A round, which was led by a group of over a dozen current and former CEOs chaired by David […]
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Finance
Optus Strikes Deal With Australian Startup Space Machines Company
Optus, one of Australia’s biggest telcos and satellite operators, has signed a new deal with Space Machines Company (SMC) to explore options for developing sovereign space capabilities. Optus announced the […]
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Government/Military
UK Government Gives Viasat/Inmarsat Combination National Security Approval
The U.K. government approved the Viasat/Inmarsat business combination on Friday under the National Security & Investment Act. This is one step in Viasat’s necessary approvals from the U.K. government and […]
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Finance
Electric Propulsion Startup Morpheus Space Raises $28M Series A Round
Propulsion startup Morpheus Space raised a $28 million Series A funding round led by space VC Alpine Space Ventures. The company develops electric propulsion systems for small satellites and said […]
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Finance
Mircosoft Azure Exec Confirms Slew of New Partnerships with SES, SpaceX, and Others
Microsoft EVP of Strategic Missions and Technologies Jason Zander confirmed in a blog post published Wednesday that the software giant will team up with SES, SpaceX, Pixxel, Muon Space, and […]
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Finance
Leading Operators Look at Industry Consolidation in a Changing Demand Environment
PARIS — The industry’s leading satellite operators are taking stock of their areas for growth and their place in the ecosystem as satellite is becoming a larger part of the […]
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Finance
Viasat’s Dankberg Calls for Industry-Wide Policy Discussions on Direct-to-Cell Service
PARIS — The satellite industry is facing opportunity and danger — danger in terms of regulations, Viasat CEO Mark Dankberg cautioned Monday during a fireside chat at World Satellite Business […]
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Finance
Eutelsat, OneWeb CEOs See Big Future for Combined GEO/LEO Offering
PARIS — Eutelsat CEO Eva Berneke and OneWeb CEO Neil Masterson outlined their vision for their recently announced business merger and pitched the benefits of an integrated Geostationary (GEO) and […]
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Finance
ABS Taps Yahsat Exec Amit Somani for New CEO
ABS has looked to one of the Middle East’s biggest operators for its new CEO. The company announced Sept. 9 that it had appointed Yahsat’s Chief Strategy Officer Amit Somani […]
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Finance
Kacific Appoints New Executive Ivan Fong to Target Pacific Markets
Kacific Broadband Satellites Group (Kacific) has appointed Ivan Fong as its new Managing Director of the Pacific. The company announced the appointment on Sept. 8. Based in Fiji, Fong will […]
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Finance
SpaceX, OneWeb, and Iridium Release Joint Best Practices for Orbital Safety
SpaceX, OneWeb, and Iridium jointly released a document of best practices for orbital safety on Thursday afternoon. The best practices guide was facilitated by industry group the American Institute of […]
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Finance
Eutelsat Reshapes Team With New General Managers for Video and Connectivity
Eutelsat Communications has made a series of new appointments as CEO Eva Berneke reshapes her team. The company appointed Laurence Delpy as general manager of the Video business unit and […]
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Finance
Kevin Steen to Leave ST Engineering iDirect for OneWeb Technologies
Kevin Steen, CEO of ST Engineering iDirect, is leaving the company to lead OneWeb Technologies. Steen succeeds former OneWeb Technologies CEO, Bob Roe, who previously announced his retirement. OneWeb Technologies, […]
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Finance
Eutelsat Begins Search for New CFO as Sandrine Téran Steps Down
Eutelsat will be looking for a new CFO as Sandrine Téran, who has been CFO for more than five years, is stepping down from the role. Eutelsat announced the update […]
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Finance
Firefly Aerospace Names Bill Weber New CEO
Firefly Aerospace has named Bill Weber as its new CEO after Tom Markusic stepped away from the role in June. Web was previously CEO of cyber and geospatial satellite firm […]
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Finance
VC Firm for Saudi Oil Company Aramco Invests in OQ Technology for Satellite IoT
Satellite IoT company OQ Technology closed a 13 million euro ($13 million) Series A funding round led by Wa’ed Ventures, the venture capital arm of Saudi oil and gas company […]
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Finance
SES Grows Government Solutions Leadership Team
SES expanded the leadership team for subsidiary SES Government Solutions (SES GS), hiring Ben Pigsley as senior vice president for Defense Networks and Jim Hooper, senior vice president for Space […]
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Finance
Accenture Makes Strategic Investment in Pixxel
Consulting and Technology company Accenture is making a strategic investment in hyperspectral satellite imagery startup Pixxel. Terms of the investment were not disclosed in Tuesday’s announcement. Pixxel is based in […]
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Finance
Outpost Raises $7M Seed Round to Develop Returnable Satellites
Space startup Outpost, which is developing technology for returnable and reusable satellites, has raised a $7.1 million Series Seed round. Moonshots Capital led the oversubscribed funding round announced Tuesday. The […]
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Finance
Atlas Space Operations Raises $26M Series B Round Led By Mitsui
Ground software as a service company Atlas Space Operations closed a $26 million Series B funding round, led by Mitsui & Co., Ltd. Atlas announced the round on Thursday. Other […]
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Finance
SatixFy and SPAC Sponsor Decrease Company Valuation
Satellite technology company SatixFy Communications and special purpose acquisition company Endurance Acquisition Corp. reduced the equity valuation of SatixFy to $365 million. The SPAC partners announced the change in filings […]
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Finance
E-Space Hires New CFO and Chief Satellite Systems Engineer
Greg Wyler-founded startup E-Space has added to its executive team, hiring Gunjan Murarka as CFO and Dalibor Djuran as chief satellite systems engineer. Murarka joins E-Space from smallsat manufacturer LeoStella, […]




























