Finance

On Monday, executives from some of the biggest satellite operators told the audience at Euroconsult’s World Satellite Business Week (WSBW) that they performed better than expected in 2021, despite unclear conditions […]

Isotropic Systems has appointed Nigel Fox, formerly of Avanti Communications, as new CFO, effective immediately. Isotropic announced Dec. 13 that Fox will lead the company’s finance and corporate development activities […]

SatLease Capital (SLC) is a new company in the satellite arena introducing a financing option for smaller and mid-sized service providers faced with the capital intensive demands of the industry […]

Israeli satellite IoT company hiSky has completed a $30 million Series A financing round, led by ST Engineering’s venture capital arm. hiSky announced the round on Wednesday, led by ST Engineering […]

Weather forecasting company Tomorrow.io is going public through a special purpose acquisition company (SPAC) merger that will fund its plans for a satellite constellation.  Tomorrow.io announced Tuesday that it will combine […]

Planet is set to go public this week after its special purpose acquisition company merger (SPAC) has been approved. Shareholders of SPAC dMY Technology Group, Inc. IV approved the business […]

Intelsat announced in filings to the Securities and Exchange Commission (SEC) on Thursday that COO Samer Halawi is leaving the company at the end of the year. This comes a […]

Spire Global has completed its acquisition of exactEarth, it’s first acquisition since going public. ExactEarth provides satellite-AIS data services, which is used to track ships. Spire Global also provides satellite-AIS […]

Lockheed Martin on Tuesday named Robert Lightfoot as the next head of its $11 billion Space segment, succeeding Rick Ambrose, who will retire March 1, 2022. Lightfoot, currently vice president of […]

Anuvu, formerly known as Global Eagle, has secured a commitment for $50 million of growth capital to support its constellation plans. The company announced Tuesday that Apollo Capital Management LP, […]

Astroscale has achieved a significant financing milestone, completing the largest funding round in its history. The company announced Nov. 25 that it has closed its Series F round with additional […]

Comtech Telecommunications is in a public dispute with shareholder Outerbridge Capital Management ahead of its upcoming fiscal 2021 annual meeting of stockholders this month. On Monday, Comtech issued a presentation […]

Telesat is now a public company, which the Canadian operator says will bring investment opportunities for its planned broadband constellation Lightspeed. Friday marked the completion of a deal first announced […]

Northrop Grumman on Thursday said it has appointed Tom Wilson as president of its Space Systems segment effective Jan. 1, 2022, succeeding Blake Larson, who is retiring next February. Wilson […]

AST SpaceMobile, which is working to build a space-to-cell network, posted its third quarter 2021 financial results on Monday, and raised the possibility of pushing back its prototype satellite launch. […]

Viasat has named a new chief operating officer, selecting Kevin Harkenrider for the role. Harkenrider has been with the company since 2006. As COO, he will oversee the company’s operational […]

In the span of 24 hours, New Zealand’s Rocket Lab reported a 360% increase in third quarter 2021 space systems revenue, a 30% increase in total backlog, and the execution […]

David Grossman, the executive director of the GPS Innovation Alliance (GPSIA) is leaving the organization after leading GPSIA for three and a half years. The organization announced Nov. 12 that […]

Smallsat launcher in development Astra released its third quarter financial results on Nov. 11, its second financials since going public in July.  Astra reported a GAAP net loss of $16.2 […]

BlackSky Technology released its first-ever quarterly financials on Friday, reporting $7.9 million in revenue for the third quarter, up 49% from the same time period in 2020. Revenue also increased […]

Laser communication company Mynaric, which is publicly traded in Germany, placed shares in the Nasdaq market on Friday.  Mynaric announced Friday that it is publicly offering American Depositary Shares (ADSs), […]

Iceye has signed a deal to provide flood analysis to insurance tech company McKenzie Intelligence Services (MIS). This data will be used to deliver property loss numbers to the Lloyd’s […]

Spire Global released its first-ever quarterly financials since going public on Wednesday, reporting 33% more revenue in the third quarter of 2021 than the same time period last year. Revenue […]

Momentus released its first-ever quarterly financials since going public on Tuesday, reporting $200,000 in revenue for the third quarter of 2021. The company is developing in-space transportation solutions including the […]

Planet has announced a deal to acquire Earth data and analytics company VanderSat, in its first acquisition while going public. The $28 million deal consists of $18 million in Planet […]

Hughes Network Systems has now seen four quarters in a row of revenue growth despite a decline in subscribers. The company also confirmed its on track for the Jupiter 3 […]

Viasat reported record revenue for the second quarter of 2022, on the same day the company announced it is acquiring satellite operator Inmarsat. The operator also confirmed it is on […]

Commercial Radio Frequency (RF) data provider HawkEye 360 has closed a $145 million Series D funding round. The company has now raised a total of $302 million, and its prior […]

Viasat will acquire Inmarsat in a $7.3 billion deal that brings together two major satellite operators with businesses in broadband, mobility, and defense. Viasat announced the deal Monday which entails […]

Telesat reported a modest revenue decline of 5% in the third quarter of 2021 compared to the same period in 2020, and CEO Dan Goldberg said Telesat expects to complete […]