Finance

Prime Movers Lab is investing $15 million into Quantum Space (Quantum), the two companies announced Dec. 13. The investment enables Quantum to begin expanding QuantumNet, a cornerstone project aimed to […]

Euroconsult estimates that more than 2,500 satellites will be launched on average every year between now and 2031, driven by commercial constellations. The consulting firm released its flagship report, Satellites […]

SES Government Solutions has a new name. SES has revealed that it is changing the name to SES Space & Defense, a change in which it says reflects a new […]

Sidus Space is planning to expand to Europe by opening a new office in the Netherlands, the company announced Thursday. The company plans to expand its reach in the European […]

Slingshot Aerospace raised $40.85 million in an oversubscribed Series A2 funding round announced Tuesday, to grow and commercialize its space situational awareness capabilities.  CEO and co-founder Melanie Stricklan sees the […]

Defense Secretary Lloyd Austin on Dec. 1 established a new U.S. Department of Defense office charged with helping companies that are developing technologies critical to national security partner with private […]

Mangata Networks is to create a new space engineering, manufacturing, and operations hub in Scotland, the company announced Dec. 6. The company said it will create 575 new jobs in […]

Satellite startup E-Space announced a deal on Monday to acquire CommAgility from the Wireless Telecom Group, Inc. for $14.5 million.  E-Space said CommAgility is the largest stand-alone developer of embedded […]

OroraTech, a Munich-based startup working to monitor thermal data from space extended its Series A funding round with 15 million euros ($15.8 million) from private investors and public sector funding.  […]

Pradman Kaul is retiring from his role as president of Hughes Network Systems at the end of the year, after nearly 50 years with the company. Kaul is a longtime […]

This article is part of a new series, in which Via Satellite interviews people in the industry at different points of their careers, with a focus on career decisions-making, and […]

There is a new world order. People around the globe want, need – no, rather must have – data. And lots of it. Regardless of where you live, work or […]

Eutelsat has made another significant change to its management team appointing Christophe Caudrelier as its new chief financial officer. Eutelsat announced the appointment late last week. Caudrelier succeeds Sandrine Téran […]

Inmarsat reported $366.6 million in revenue for the third quarter of 2022, up 7% compared to the same time period last year. The satellite operator released third quarter financial results […]

Every year Via Satellite, the most trusted news source for the global satellite and space communities, recognizes excellence in the industry with the Satellite Executive of the Year and Satellite […]

Boeing on Thursday announced a consolidation and streamlining of its $26 billion defense unit, which has struggled with a slew of performance issues the past few years that have bled into […]

Yahsat has been a busy operator over the last few years. The company acquired Thuraya in a major move in the Middle East which gave it a more complete product […]

Sidus Space grew revenue significantly in the third quarter of 2022 compared to the same time last year. On Monday, the company reported Q3 revenue of $1.32 million, up 164% […]

Spire Global posted record revenue of $20.4 million in the third quarter of 2022, a gain of 114% over the same time period last year. This was in line with […]

Rocket Lab logged record revenue of $63.1 million in the third quarter of 2022, representing 14% sequential quarter-on-quarter growth and more than 1,000% growth from the same time last year. […]

Viasat’s first ViaSat-3 satellite launch has slipped to 2023, and the operator adjusted its 2023 fiscal outlook due to the delay. The company announced this week in its financial results […]

BlackSky more than doubled its revenue in the third quarter of 2022 compared to the same time last year, posting 113% revenue growth, driven by increased demand from U.S. and […]

Telesat progressed in financing discussions for its Lightspeed constellation during the third quarter and the company is still “bullish” on the opportunity for the constellation, Telsat CEO Dan Goldberg said […]

Maxar Technologies expects for its first batch of WorldView Legion satellites to launch in January 2023, the company reported last week in its third quarter financial results. Maxar plans to […]

Maxar Technologies on Thursday said it acquired Wovenware, which specializes in artificial intelligence and software developing, and will make the Puerto Rico-based company one of its software development and AI/machine learning […]

Hughes Network Systems broadband business continues to shed subscribers, as the company is constrained on satellite capacity awaiting the launch of the Jupiter-3 satellite. Hughes parent company EchoStar Corporation released […]

Startup SpaceLink, which was working to offer in-space data relay services, is winding down operations as parent company Electro Optic Systems (EOS) is reorganizing and will no longer fund the […]

Satellite designer and manufacturer Terran Orbital Corp. on Monday said it has received a $100 million investment from Lockheed Martin to allow the company to accelerate and expand its manufacturing capabilities. Lockheed Martin […]

Revenue was nearly flat for L3Harris Space & Airborne Systems segment in the third quarter of 2022, while its Communication Systems segment saw a modest increase in revenue of 4% […]

Airbus posted a 27% revenue increase in the third quarter of 2022, driven by higher commercial aircraft deliveries. Total revenue in Q3 was $13.3 billion.  Airbus reported results on Friday, […]