Finance

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 […]

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 […]