Finance

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 […]

Eutelsat and OneWeb recently announced plans to combine, forming a GEO/LEO entity, in a major instance of consolidation in the satellite industry. Here is a compilation of exclusive Via Satellite […]

SES CEO Steve Collar would not confirm or deny reports that merger talks are underway between SES and Intelsat in a call with investors on Thursday. Collar spoke on Aug. […]

Launch for Hughes Network Systems Jupiter-3 satellite is now expected to launch in the first half of 2023. The satellite has been delayed multiple times, and was most recently expected […]

Globalstar has hired IoT industry veteran Chirag Patel as director of Product Management to lead the company’s vision for industrial IoT. He will be responsible for product vision, strategy, roadmap […]

SES has completed its acquisition of DRS Global Enterprise Solutions (DRS GES) and will combine the business with subsidiary SES Government Solutions to serve U.S. government customers.  SES expects the […]

Inmarsat has released new research which looks at how businesses and the general population view the potential for space. The report — What on Earth is the Value of Space […]

While L3Harris logged a dip in revenues in the second quarter of 2022, citing supply-chain constraints, the company also reported a $53 million increase in Space revenue. Overall, L3Harris revenue […]

Northrop Grumman’s Space business continued to grow in the second quarter of 2022, despite an overall dip in sales. Space Systems logged about $3 billion in sales in the second […]

Revenues at Boeing Defense, Space & Security fell 10% in the second quarter of 2022, and the segment recorded a $93 million charge on the Commercial Crew program for NASA.  […]

Iridium Communications grew income in the second quarter of 2022 by 17% compared to the same time period last year, boosting commercial and government service revenue, along with subscriber equipment […]

Eutelsat and OneWeb have reached an agreement to combine, bringing together satellite assets in Geostationary Orbit (GEO) and Low-Earth Orbit (LEO) for multi-orbit service. The companies announced the news early Tuesday, […]

Satellite intelligence startup Astraea raised a $6.5 million Series A round led by Aligned Climate Capital and Carbon Drawdown Collective to commercialize its geospatial platform focused on climate change.  Astraea’s […]

Update: Eutelsat and OneWeb announced early Tuesday that they have signed an MoU to combine Eutelsat and OneWeb in an all-share transaction. Under the deal, Eutelsat shareholders and OneWeb shareholders […]

Today, people who want to get data from space have more options than ever before. They can buy the data from a space company. They could start their own space […]

Spire Global is ramping up focus on Australia and New Zealand with two new executive hires and plans to open an office in Melbourne, the company announced the week of […]

Boeing on Wednesday said it has agreed to provide $50 million to anchor a new aerospace technology venture fund that is privately-managed by the company’s partner AE Industrial Partners (AEI), a private […]

Raytheon Technologies on Monday said its United Kingdom-based subsidiary has agreed to acquire another U.K.-based company, Northern Space and Security Ltd. (NORSS), that specializes in space domain awareness. Terms of […]

Sales in Lockheed Martin’s Space segment decreased $352 million, or 11% in the second quarter of 2022, compared to the same period in 2021. Lockheed Martin overall saw a dip […]

NanoAvionics, the highly touted, Lithuanian startup small satellite company is set to be acquired by Kongsberg Defence & Aerospace (Kongsberg) under a deal announced earlier this month. The acquisition could enable NanoAvionics […]

Airbus is launching a new connectivity service business around its HAPS technology platform, Zephyr, led by former Intelsat CCO Samer Halawi. The new venture, HAPS Services Business, is a subsidiary […]

Holly Johnson will lead manufacturer MDA’s Robotics and Space Operations (RSO) division on a permanent basis after taking on the role in an acting capacity earlier this year. MDA promoted […]

Satellite operator Measat has made two new key executive appointments as it looks to build for the future. It has appointed Ganendra Selvaraj as its new Chief Commercial Officer and […]

A new venture capital firm Stellar Ventures recently launched a fund with more than $23 million in capital commitments dedicated to investing in space technology. Celeste Ford, founder of aerospace […]

Kleos Space’s U.K subsidiary is setting up operations at the Space Park Leicester research hub. Kleos plans for the new UK facility to provide access to a tech community, and […]

L3Harris is making a strategic investment in Mynaric, investing 11.2 million euros ($11.4 million) in the business for a 7.2% share. L3Harris will acquire 409,294 new bearer shares of Mynaric […]