Finance

Singer, songwriter, actress, and MIT and Harvard graduate, Bridgit Mendler is now CEO of a new satellite ground tech startup Northwood. Mendler, who is known for her role as Teddy...

  Earth observation and geospatial technology company Nuview, acquired software service platform Astræa Tuesday. Nuview plans to use Astræa’s AI-driven distribution and analysis tools to develop a high-throughput Earth observation...

The failed debut launch of Virgin Orbit from British soil in January of last year was a bitter start to the U.K.’s spaceflight ambitions. It was also the beginning of...

Eutelsat Group is seeing encouraging signs in its mobility business, but video revenues continue to decline. These are two of the highlights of the operator’s latest results, announced Feb. 16....

Iridium Communications continued its multi-year growth streak in 2023, reporting record revenue for the year of $790.7 million, up 10% from the year-ago period. The satellite operator reported full year...

BAE Systems in the coming days will close its $5.6 billion acquisition of Ball Aerospace after receiving all required regulatory approvals, the company said on Wednesday morning. Ball Aerospace will operate...

Direct-to-device satellite connectivity company Skylo Technologies has raised $37 million in funding, co-led by Intel Capital and Innovation Endeavors. New investors BMW i Ventures, Next47, Samsung Catalyst Fund, and Seraphim...

LeoLabs secured an additional $29 million in funding for its catalog of Low-Earth Orbit objects (LEO). The company said this latest financing will enable LeoLabs to scale up its insight...

Intelsat has made an investment into Israel-based satellite technology firm hiSky, along with a strategic collaboration agreement. hiSky announced the investment on Feb. 5. Along with the investment, Intelsat CTO...

Viasat plans to initiate service soon with the first ViaSat-3 satellite, which has just a fraction of its planned capacity due to an issue with an antenna on board. The...