Finance

Isar Aerospace has won a 10 million euro ($11.32 million) prize from the European Commission (EC), the company announced Jan 25. Isar won the EC’s EIC Horizon Prize “Low-Cost Space […]

Comtech Telecommunications rejected a takeover proposal from Acacia Research Corporation received earlier this year. The company announced Tuesday that the board of directors unanimously rejected an unsolicited proposal from Acacia […]

The Federal Trade Commission (FTC) is suing to block Lockheed Martin’s proposed acquisition of Aerojet Rocketdyne Holdings, arguing that such consolidation would be harmful to national security and defense markets.  […]

  In the first part of this two-part interview with Steve Collar published yesterday, the SES CEO spoke about the company’s plans for 2022 and his views on the ground […]

SES has a busy year ahead in 2022. The global operator has multiple new satellites scheduled for launch during the next 12 months and its success depends on balancing new […]

SES is eliminating the role of SES Networks CEO and moving John-Paul Hemingway to the newly created role of chief strategy and product officer, the satellite operator announced Tuesday.  SES […]

Former U.S. Secretary of the Treasury Steven Mnuchin is investing $150 million in Earth imagery company Satellogic through private equity firm Liberty Strategic Capital, as part of the company’s deal […]

Japanese ground-segment-as-a-service (GSaaS) provider Infostellar closed its Series B financing round with $10.36 million in investment. The company announced Jan. 14 that it raised a $4.32 million expansion after closing […]

Mangata Networks has closed a $33 million Series A funding round to advance its plans for a satellite and edge computing network. The round, announced Tuesday, was led by Playground […]

Momentus announced Monday that the company’s president, Fred Kennedy, has resigned and will step down Jan. 21. The company’s CTO Rob Schwarz will serve as interim head of Engineering and […]

Isotropic Systems has appointed Rash Sahota as its new general manager and chief operating officer. The company announced the appointment Monday. Sahota will be responsible for ensuring the company delivers […]

Despite the continued effects of the pandemic, governments around the world invested more money into space programs than ever before in 2021, Euroconsult reports.  The consulting company released its “Government […]

As the new year kicks off and many return from a holiday hiatus, here is a brief recap of news you might have missed from Via Satellite over the last […]

Leidos on Thursday said it will make a strategic investment in HawkEye 360, a commercial provider of Geospatial-Intelligence (GEOINT) solutions. Leidos said the move will improve its capabilities in national security […]

Voyager Space has closed on its acquisition of a majority stake in Space Micro, which engineers satellite communications, digital, and electro-optic systems. The acquisition was first announced in November, and […]

Hughes Network Systems has taken a major step forward to advance its broadband ambitions in India, forming a joint venture with Bharti Airtel (Airtel) to provide satellite broadband services in […]

Raytheon Intelligence & Space (RI&S) on Tuesday announced two new executive appointments within the business segment, naming Kristin Robertson as president of the Space & C2 business unit and Brad […]

Comtech Telecommunications has completed its previously announced leadership transition, with Michael Porcelain taking the helm as CEO.  Porcelain succeeds longtime Comtech CEO Fred Kornberg, who has been with the company […]

Spanish smallsat launcher in development PLD Space has closed a $28 million oversubscribed Series B funding round, the company announced at the end of 2021. Arcano Partners, Aciturri, and the […]

Relativity Space has hired its first vice president of Software Engineering, bringing on Scott Van Vliet, former Microsoft corporate vice president for the role. The company said this is a […]

Virgin Orbit is set to go public after shareholders of NextGen Acquisition Corp. II approved the special purpose acquisition company (SPAC) merger on Dec. 28.  This is the culmination of […]

2021 was an exciting year for the satellite and space industry, from major consolidation deals, technological developments, and the wave of special purpose acquisition company (SPAC) mergers. Here is a […]

Eutelsat Communications has appointed Eva Berneke as the company’s next CEO. Berneke will be the first woman to take the role. Eutelsat announced Dec. 19 that Berneke will assume her […]

Blue Origin Vice President of Global Sales Clay Mowry is leaving Jeff Bezos’ launch company to take a chief revenue officer (CRO) position at Denver-based space exploration company Voyager Space. […]

Intelsat’s bankruptcy court has approved the satellite operator’s plan or reorganization, which will bring the company out of bankruptcy with less than half of its debt. This is the final […]

Comtech Telecommunications and shareholder Outerbridge Capital Management have come to an agreement on the company’s board of directors.  Outerbridge has agreed to support Comtech’s nomination of Judy Chambers and Larry […]

The EMEA Satellite Operators Association (ESOA) has gone global. It will now be the Global Satellite Operators’ Association (GSOA), offering opportunities to companies all over the world to become part […]

Virgin Orbit has invested in customers Hypersat and SatRevolution, investments that expand its space solutions business.  Virgin Orbit is acquiring a 17.5% stake in Hypersat, the launcher announced Wednesday. The […]

A former SpaceX engineer has alleged that she was sexually harassed at the company, and human resources did little to remedy the situation.  Ashley Kosak, a former mission integration engineer […]

Planet Labs released its first-ever financial results after going public last week, reporting record revenue of $31.7 million for the third fiscal quarter of 2022. This was a 16% increase […]