Finance

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 […]

Lockheed Martin on Tuesday posted declines in its top and bottom lines in the first quarter due to program transitions and supply chain and operations challenges related to COVID-19. COVID impacts […]

Iridium Communications reported 15% revenue growth in the first quarter of 2022, compared to the first quarter of 2021. The satellite operator on Tuesday reported Q1 total revenue of $168.2 […]

Employment in the United Kingdom space industry grew nearly 7% between 2019 and 2020, according to a new industry report released Thursday. Consulting firm BryceTech compiled the survey, the “Size […]

Former Inmarsat CEO Rupert Pearce is joining energy service company Highview Power as CEO, the company announced Monday.  Pearce led Inmarsat for nearly a decade before his departure in early […]

Satellite industry veteran Yoel Gat died on April 8, SatixFy Communications announced Sunday. Gat was a 40-year veteran of the satellite industry and co-founded Gilat Satellite Networks, RaySat, and SatixFy. […]

SES continued to fortify its cloud strategy with the signing of a new dedicated connectivity deal with one of the world’s biggest IT companies, Oracle. The contract, which SES announced […]

Investors gave a staggering $15 billion in total financing to startup space companies in 2021, according to a report published Wednesday by BryceTech. This nearly doubles the previous record of […]

Two dozen executives from the space industry’s largest companies signed an Aerospace Corp.-drafted industry pledge Tuesday morning to increase workforce diversity, report annual data on diversity in senior leadership roles, […]

Virgin Orbit’s revenue was up in 2021, but the company’s net loss increased as well. The smallsat launcher released its first-ever, full year financial results on March 29, after becoming […]

Earth imaging startup Pixxel has raised $25 million in a Series A funding round led by Radical Ventures. Pixxel announced the funding on Monday and said it will expedite production […]

Boeing on Monday said that Leanne Caret, president and CEO of the company’s $26 billion Defense, Space and Security business, will retire later this year and be succeed by Ted […]

Synspective, a Japanese synthetic aperture radar (SAR) satellite data and solutions provider, has raised another $100 million in financing. The company announced the Series B funding round on March 29. […]

Terran Orbital completed its SPAC merger and began trading on the New York Stock Exchange on Monday.  This completes the special purpose acquisition (SPAC) merger with Tailwind Two Acquisition Corp. […]