Finance

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

Space companies recognize the need for a diverse workforce and diverse perspectives around the table — yet acknowledge the industry has a way to go on this issue.  “There’s so much […]

Eutelsat Communications named a new president and CEO of its Eutelsat America business on Monday. Richard Mortellaro, who previously served as senior vice president of Sales, Marketing and Fixed Satellite […]

Swedish company Ovzon is targeting launch of its Ovzon 3 satellite between December 2022 and February 2023, the company said in its second quarter financial report on Aug. 18.   Delayed […]

Mynaric has hired former SA Photonics exec Mustafa Veziroglu as president and a member of its management board. Veziroglu will oversee development, qualification, and serial production of Mynaric’s laser communications […]

Virgin Orbit reported just $5,000 in revenue for the second quarter of 2022, as the company’s most recent launch on July 5 fell on the first day of the third […]

Breeze Holdings, a publicly traded special purpose acquisition company (SPAC), and D-Orbit, the Italian space logistics company, have canceled their planned merger due to a change in the financial markets. […]

Anuvu announced a deal on Aug. 11 to acquire Signal Mountain, which provides satcom services to the U.S. government. Anuvu said this acquisition will expand its existing government business. Financial […]

Rocket Lab grew revenue nearly 400% in the second quarter of 2022 compared to the same time period last year. The company reported record revenue of $55.5 million, representing 36% […]

Gilat Satellite Networks saw a small revenue increase in the three months to the end of June compared to the same stage last year. This was one of the highlights […]

Spire Global reported large growth in the second quarter of 2022, as revenue increased 113% year-over-year to $19.4 million. This topped the high end of the company’s guidance of $19.2 […]

Yahsat has seen strong increases in revenues and profits so far in 2022. Yahsat released its latest results on August 9, reporting in the six months to the end of […]

Comtech Telecommunications appointed Chairman Ken Peterman its new president and CEO, succeeding Michael Porcelain, effective immediately. The company announced the change on Aug. 10, less than seven months after Porcelain […]

Viasat reported a small increase in overall revenues, but a net loss for the company’s first quarter 2023 results, released Aug. 8. Revenues for the three months was $678 million, […]

LiveEO, a Berlin-based satellite analytics company, has secured 19 million euros ($19.34 million) in new funding, the company announced Aug. 5. LiveEO’s core product is an infrastructure monitoring suite powered […]

Xona Space Systems has secured another $25 million in financing, the company announced late last week. The company, which is developing navigation technologies from Low Earth Orbit (LEO), revealed that […]

Astra Space is ending use of its Rocket 3.3 iteration after two launch failures and moving to the next version of its launch system.  The rocket, part of Space Launch […]

Funding for Telesat’s Lightspeed constellation is hitting some speed bumps as the Canadian operator reported delays in financing discussions with export credit agencies (ECA), and that it will likely need […]

Private equity firm Affiliates of Antarctica Capital has acquired a controlling interest in geospatial intelligence company Descartes Labs.  The deal was announced on August 4, and financial terms were not […]