Finance

Satellite IoT network operator Astrocast announced a deal to acquire Hiber on Monday. Hiber, based in the Netherlands, provides IoT services using satellite connectivity. Astrocast cited a number of reasons […]

Space data and analytics company SatSure has acquired Philadelphia-based geospatial services company Old City Innovations in a bid to enter the U.S. market. Old City Innovations (OCI), formerly Geospoc LLC, […]

Ovzon, a mobile satellite communications solutions company, is preparing for the launch of its Ovzon 3 satellite, a major milestone for the company. Ovzon CEO Per Norén spoke with Via Satellite about […]

Viasat posted record revenue of $2.8 billion in its 2022 fiscal year, up 24% over the prior year. The company logged gains in each of its three business segments, with […]

Benchmark Space Systems is the latest U.S. space company to invest in the United Kingdom. The company announced May 24 that it had opened a manufacturing and testing facility northwest […]

AST SpaceMobile previewed the launch of its BlueWalker 3 test satellite in first quarter 2022 financial results on May 16.  The company said the satellite is “substantially complete” and has […]

Rocket Lab more than doubled revenue in the first quarter of 2022 compared to the same time last year, driven by growth in its Space Systems segment.  On Monday, Rocket […]

Terran Orbital reported first quarter 2022 financial results on May 13, its first financial report since going public on March 28. The small satellite manufacturer reported $13.1 million of revenues, […]

Eutelsat Communications reported double-digit growth in both Fixed Broadband and Mobility segment in the third quarter of 2022, which the operator said highlights “significant potential” in connectivity.  Eutelsat reported its […]

Sidus Space reported a 1,075% increase in revenue in the first quarter of 2022, over the same time last year. The space-as-a-service satellite company attributed the growth to an increase […]

Spire Global grew revenue 86% in the first quarter of 2022, compared to the same time last year. The space-based data company released its financial results on May 11. First quarter 2022 […]

BlackSky Technologies nearly doubled revenue in the first quarter of 2022 compared to the same period last year. On Wednesday, the company reported record revenue of $13.9 million in the […]

Maxar Technologies is pushing the first WorldView Legion launch to September after encountering a test configuration anomaly, the manufacturer and Earth observation provider announced Monday.  The highly anticipated WorldView Legion […]

Astra Space announced its first quarter 2022 financial results on May 5, reporting a GAAP net loss of $85.7 million. The launcher reported $3.9 million in revenues from launch services […]

Boeing is moving its headquarters from Chicago to Arlington, Virginia, the company announced May 5. The company plans to develop a research and technology hub in the area focused on […]

Telesat confirmed plans to downsize its Lightspeed Low-Earth Orbit (LEO) constellation from the planned 298 satellites to 188 with 10 in-orbit spares. CEO Dan Goldberg gave an update on the […]

SES saw a modest increase in overall revenues in the three months to the end of March compared to the same stage last year. The operator reported its first quarter […]

Hughes Network Systems pushed back the launch for its anticipated Jupiter-3 satellite once more, announcing Thursday that launch is now expected in the first quarter of 2023. In the previous […]

Intelsat announced a refresh of part of its executive suite on Thursday, with new hires for chief financial officer, chief commercial officer, commercial aviation, and corporate communications. These changes come after […]

Satellogic Inc. signed a multiple launch agreement with SpaceX to reserve launch capacity for its next 68 satellites. This follows a launch agreement with SpaceX covering 2022 launches. Financial terms […]

Northern Sky Research has been acquired by technology, media, and telecom consulting firm Analysys Mason, the companies announced on Tuesday. Financial terms of the deal were not disclosed.  Analysys Mason […]

Raytheon Technologies on Thursday said its Missiles and Defense segment has invested in Firehawk Aerospace, a startup developing and manufacturing lower cost, high-performance hybrid rocket engines. The size of the Series […]

L3Harris Technologies reported a 10% decline in revenue during the first quarter of 2022 compared to the first quarter of 2021, although its Space business saw a $60 million revenue […]

Space-based cellular broadband company AST SpaceMobile hired finance and telecom banking veteran Sean Wallace as its new executive vice president and CFO. Wallace previously served as CFO for global internet […]

Northrop Grumman’s Space Segment increased sales by 13% in the first quarter of 2021, partially offsetting an overall dip in sales during the quarter. Northrop Grumman reported its first quarter […]

IoT smallsat business development has accelerated as a force within the broader satellite community. Tracking the use and location of expensive assets, monitoring agriculture crops and livestock, creating more accurate […]

The Defense, Space & Security segment of The Boeing Company took a hit in the first quarter of 2022, reporting a 24% dip in revenue compared to the same quarter […]

A group of space companies have raised nearly $1 million to support humanitarian aid in Ukraine, forming the Space Industry for Ukraine (SIFU) group. HawkEye 360 CEO John Serafini said […]

Capella Space raised $97 million in its Series C financing round, the synthetic aperture radar (SAR) company announced on Monday. NightDragon led the round, with significant participation from existing investors […]

AsiaSat has appointed Victor Au as its new general counsel, the company announced April 22. Au has more than two decades of experience working across international and local law firms […]