Finance

Euroconsult and SpaceTec Partners are merging to create a new company, Novaspace. The two companies that have a combined 60 years of experience in covering the space sector will aim...

Bright Ascension has closed a 2.3 million pound ($2.8 million) investment round through a convertible loan from Scottish Enterprise, Capital for Colleagues (C4C) and other investors in the company. The...

Iridium completed its acquisition of long-time partner Satelles and integrated the company’s Satellite Time and Location (STL) service. Iridium announced the completion of the company’s first-ever acquisition on April 2....

HawkEye 360 has secured $40 million in debt financing from Silicon Valley Bank (SVB), the satellite data company announced Tuesday. HawkEye said it plans to use the funds to improve...

Terran Orbital grew revenue in 2023 by 44% compared to 2022, but the company posted a net loss larger than its revenue. Terran Orbital issued its full year results on...

Planet Labs increased revenue by 15% year-over-year in fiscal year 2024 to $220.7 million. The satellite imagery and analytics company reported financials for the 2024 fiscal year that ended Jan....

Telesat is seeing a decline in revenue in its Geostationary Orbit (GEO) business in broadcasting with the increase in cord-cutting, and enterprise competition from SpaceX’s Starlink constellation. Yet Telesat is...

Boeing President and CEO Dave Calhoun said on Monday that he will step down at the end of 2024, initiating a leadership transition as the aerospace and defense giant continues...

The founders of Astra Space are taking the company private to avoid bankruptcy, less than three years after going public during the SPAC boom of 2021. Astra announced March 7...

Slingshot Aerospace is coming to the United Kingdom and establishing a U.K. base to help win business with international government and commercial customers. Melissa Quinn will be the general manager...