Finance

One of Blue Canyon Technologies co-founders, longtime CTO Stephen Steg will become the company’s CEO, the company announced Tuesday. Steg has been CTO since the company was founded in 2008, […]

Smallsat launcher Astra has moved to acquire propulsion company Apollo Fusion in a deal valued at up to $145 million. The company is pitching the acquisition as an opportunity to […]

Max Polyakov, managing partner of Noosphere Ventures Investment Fund is one of the entrepreneurs to watch in the space sector. Recently, Via Satellite did an interview with Polyakov to talk […]

SpaceChain has successfully sent a blockchain-enabled payload into space on Thursday aboard a SpaceX Falcon 9 rocket launched from NASA‘s Kennedy Space Center. SpaceChain will conduct the first demonstration of […]

LeoLabs has closed a $65 million Series B financing round, bringing the Space Situational Awareness (SSA) startup’s total funding to more than $100 million. The funding round, announced Thursday, was […]

A year ago, a new space company called Redwire was announced, formed through private equity firm AE Industrial Partners. The company started out by acquiring Deep Space Systems (DSS), and […]

The U.S. Space Force (USSF), which became an independent military service in December, 2019, is requesting $11.3 billion for research and development in the service’s fiscal 2022 budget — an […]

Inmarsat continues to refresh its senior management team with new two high-profile appointments to target the Unmanned Aerial Vehicle (UAV) market. Inmarsat announced May 27 it has appointed Jon Holmes […]

One of New Zealand’s largest venture capital companies is making an investment into a space transportation company. Movac has announced that it is investing in Dawn Aerospace, a company that […]

UK-based terminal developer Isotropic Systems received an investment of more than 18.5 million euros ($22.5 million) from the UK Space Agency to co-fund the company’s activity in the European Space […]

South Korean defense company Hanwha Systems Co. (HSC) has received U.S. regulatory approval for its $30 million investment into Kymeta Corp., allowing the companies to move forward to close the […]

SpaceChain and Eurasian Space Ventures (ESV) have extended their collaboration and will look to develop joint projects in the field of space and blockchain technologies. The two companies announced a […]

In-Flight Connectivity (IFC) and mobility service provider Global Eagle has rebranded post-bankruptcy as Anuvu, the company announced May 25. The company filed for bankruptcy in July 2020, and exited the process […]

Viasat reported stable revenue of $2.3 billion for its 2021 fiscal year, and remains on track to launch the first ViaSat-3 satellite in early calendar year 2022.  The satellite operator […]

Ksenia Drozdova has been appointed director general of the Intersputnik International Organization of Space Communications (IOSC), the company announced May 24. She had previously been the deputy director general for […]

The pandemic’s effect on the mobility market affected Telesat’s first quarter results as it moves forward with plans for its Lightspeed constellation.  On Friday, Telesat reported $190 million Canadian dollars […]

Momentus has received a draft National Security Agreement (NSA) from the U.S. government that is a step toward approvals the company needs to go public in the U.S.  The company […]

Mynaric has appointed industry veteran Tim Deaver as its new vice president of Strategic Solutions. The company announced the appointment May 14. Deaver had previously been director of National Security […]

SoftBank is slowing rebuilding its position with OneWeb by entering into a new cooperative agreement to combine the Low-Earth Orbit (LEO) constellation operator’s services with SoftBank’s Digital Transformation (DX) platform. […]

Momentus special purpose acquisition company (SPAC) merger has received an extension to its closing date. Shareholders of the SPAC, Stable Road Acquisition Corp., voted to approve extending the business combination […]

Tyvak Nano-Satellite Systems has named retired U.S. Navy Rear Adm. Christian “Boris” Becker as its new CEO. Tyvak is a Terran Orbital company that manufactures nanosatellite platforms.  Becker most recently […]

Eutelsat Communications pushed back the launch of its EUTELSAT QUANTUM satellite to the third quarter of the 2021 calendar year. This is the second time the operator rescheduled the QUANTUM […]

Voyager Space Holdings has completed its acquisition of a majority stake in X.O. Markets and its largest subsidiary Nanoracks, the company announced May 10. The deal was first announced in […]

Mobile satellite and IoT service provider Globalstar reported some small signs of recovery from COVID-19 during its first fiscal quarter of 2021 (Q121), particularly with commercial IoT equipment sales revenues […]

Hughes Network Systems saw a 3.8% revenue increase in the first quarter of 2021, despite a dip in subscribers. During quarterly reports for parent company EchoStar Corporation, Hughes also provided […]

More than a year ago, Spire Global CEO Peter Platzer began working on a plan to get the company ready to go public. As Spire’s constellation of just over 100 […]

SES is launching a 100 million euro ($120.5 million) share buyback program after turning in what it viewed as a stronger-than-expected performance in the first fiscal quarter of 2021. The […]

Intelsat turned in its first year-over-year double-digit revenue increase in at least eight years, thanks to contributions from its recently acquired Gogo Commercial Aviation business. The satellite operator’s first fiscal […]

Smallsat launcher in development Firefly Aerospace has closed an oversubscribed $75 million Series A funding round, which values the company at more than $1 billion. The funding round, announced May […]

Last week, Eutelsat made the news with a deal to acquire around a 24% stake in OneWeb, in a deal worth over $500 million. The investment is an example of […]