Finance

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 […]

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 […]