Finance

New startup Catalyx Space has raised a $5.4 million seed funding round to accelerate its technology development to build space infrastructure including satellite buses and reentry platforms.   Catalyx Space has...

Satellite manufacturer EnduroSat has raised another $100 million in funding after raising nearly $50 million earlier this year.  The funding announced Thursday of over $100 million included new investment from...

L3Harris increased its 2025 guidance after a strong third quarter financial results with growth in all four company segments. Also, CEO Chris Kubasik told investors on Thursday he sees a...

Boeing posted a double-digit revenue increase in its Defense, Space & Security segment in the third quarter of 2025, with a large gain in operating margin as well.  In the...

A new era in European space kicked off last week thanks to one of the biggest pieces of consolidation in the industry in recent history. Airbus, Leonardo and Thales signed...

The European space industry is witnessing a shake-up today as one of the continent’s biggest consolidation moves is now public. Airbus, Leonardo and Thales announced Thursday that they have signed...

Nxgsat, a Belgian space modem company, has closed a 1.2 million euros ($1.4 million) funding round. The company’s flagship product is a high-speed, 5G satellite modem designed to enable seamless...

Eutelsat saw a 70% boost in Low-Earth Orbit (LEO) revenues in the first quarter, offsetting declines in Video and Mobile Connectivity to hold overall revenue stable.  The operator reported first...

Seraphim Space Investment Trust’s (SSIT) overall portfolio is worth close to 260 million pounds ($348.91 million) at the end of June, a close to 29% increase compared to the same...

Europe needs to adopt faster procurement mechanisms, invest more in emerging technologies, and have closer collaboration with non-space sectors to close an innovation gap with the global space sector, the...