Finance

British Earth observation (EO) startup Satellite Vu has closed the second round of its Series A, bringing total funding to 20 million pounds ($26 million). Seraphim Space Investment Trust Plc, […]

Canadian space companies including Telesat, SpaceBridge, and MDA are launching a new industry group for the national space industry called Space Canada. The group said Thursday it will offer a […]

CesiumAstro closed a $60 million Series B funding round, co-led by Airbus Ventures and Forever Ventures. The round, announced Wednesday, brings CesiumAstro’s total funding raised to nearly $90 million.  The […]

The private equity firm AE Industrial Partners (AEI) on Thursday said it has agreed to acquire a “significant stake” in Firefly Aerospace, a deal that would add to its portfolio in the space […]

Hughes Network Systems revenue grew 5% in 2021 to a record $1.96 million, despite a decrease in broadband subscribers. Hughes’ financials were released as part of parent company EchoStar Corporation’s […]

Intelsat has emerged from a long Chapter 11 process as a private company. Its plan of reorganization, confirmed in court in December, reduced the company’s debt by more than half, […]

SES saw profits increase for 2021, but overall revenue fell to 1.78 billion euros ($2.02 billion), 2.9% down compared to 2020. SES achieved a net profit of 323 million euros […]

EchoStar Corporation has appointed Hamid Akhavan as the company’s next CEO and president. EchoStar announced Wednesday that Akhavan will succeed CEO and President Michael Dugan, who will be retiring at […]

Maxar Technologies is making a strategic investment in Aurora Insight, a radio frequency (RF) data provider. Aurora announced the strategic investment on Wednesday but did not share the investment amount.  […]

BlackSky reported $34.1 million in revenue for 2021 in its second-ever quarterly financials since going public through a special purpose acquisition company (SPAC) merger last year.  The $34.1 million in […]

Iridium Communications reported record revenue in 2021, continuing an eight-year revenue growth streak. The company released its full-year 2021 financial results on Feb. 17, reporting $614.5 million in revenue, which […]

Eutelsat Communications‘ fiscal performance in the first-half of its 2021-2022 financial year (H1) will result in a delay in the company’s return to growth strategy, as revenues fell in some […]

Airbus Defence and Space saw a double-digit boost in order intake in 2021 compared to 2020, but also reported a slight dip in revenues for the year. The company released […]

Belgian satellite manufacturer Aerospacelab closed a 40 million euro ($45 million) Series B funding round, co-led by Airbus Ventures and XAnge. This brings Aerospacelab’s total funding to 60 million euro […]

Emcore Corp. on Tuesday said it has agreed to acquire the Space and Navigation business of L3Harris Technologies for $5 million in cash in a deal that expands its fiber […]

Gilat Satellite Networks reported 32% revenue growth in 2021 compared to 2020, in the company’s full year 2021 financial results published Tuesday. Revenue was $218.9 million, compared with $165.9 million […]

Lockheed Martin on Sunday evening, just before kickoff at the Super Bowl, said it has terminated its agreement to acquire rocket propulsion supplier Aerojet Rocketdyne following the U.S. Federal Trade Commission’s […]

Tokio Marine Holdings (Tokio Marine), a multinational insurance holding company headquartered in Tokyo, Japan, has made a strategic investment in synthetic aperture radar (SAR) data provider Iceye and will start […]

Greg Wyler, founder of O3b Networks and OneWeb, is kickstarting another space venture, E-Space. The startup announced a $50 million investment from Prime Movers Lab on Monday, and plans for […]

XipLink has appointed Jaco Botha as senior vice president of Product, the company announced Feb. 4. Botha will have responsibility for all product management, product marketing and alliance partnership functions […]

Iceye closed a $136 million Series D funding round, bringing the synthetic aperture radar (SAR) provider’s total funding raised to $304 million. Seraphim Space led the round, which included new […]

Viasat continued its streak of record revenues in the third quarter of fiscal year 2022, but pushed the highly anticipated Viasat-3 satellite launch to late summer.  The company provided an […]

Fleet Space Technologies, an Australian space startup, is planning to tap into the U.S. market. The company announced Feb. 1 that it is establishing an international office in Houston, Texas. […]

L3Harris Technologies released its full year 2021 financial results on Monday, reporting $17.8 billion in revenue, down 2% compared to 2020. The company said the revenue decrease was due to […]

Google will invest as much as $1 billion in India’s second-largest mobile phone operator, as firms race to offer inexpensive data and digital offerings in the only billion-people-plus market still open […]

Comtech Telecommunications has established two new business lines focused on satellite ground technologies. Comtech said these two businesses will serve growing opportunities in satellite ground station technology, and the company’s […]

D-Orbit is the latest space company to announce plans to go public via a special purpose acquisition company (SPAC).  D-Orbit is an in-space transportation company headquartered in Italy. Its ION […]

After last year’s record growth in Space Systems, Northrop Grumman continued the growth streak in 2021, delivering another year of record sales for the segment.  The Space Systems segment ended […]

Boeing released its full year 2021 financial results on Wednesday, reporting a 7% revenue boost compared to 2020 driven by a rebound in commercial airplane deliveries. The company reported $62.3 […]

Satellogic began trading on the Nasdaq under ticker sign $SATL on Wednesday after completing its special purpose acquisition company (SPAC) merger. Satellogic first announced its SPAC business combination with CF […]