Finance

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 […]

Maxar Technologies saw a slight boost in first quarter revenue in 2021 compared to 2020, but posted a net loss of $84 million, including a $28 million charge related to […]

Viasat has completed its acquisition of RigNet, making Viasat a vertically-integrated player in the energy sector. The deal was first announced in late December 2020, and was an all-stock transaction […]

Airbus Defence and Space‘s net order intake jumped 13% year-over-year in its 2021 fiscal first quarter to 1.926 billion euros ($2.32 billion), driven by contract wins in space systems and […]

Chris Johnson, president of Boeing Satellite Systems International, is moving to Maxar Technologies, to lead the company’s Space Programs Delivery (SPD) division. Maxar announced April 29 that it has appointed […]

L3Harris Technologies Communication Systems division continues to benefit from U.S. Department of Defense orders to modernize its tactical communications capabilities. The increase in military business drove a 2.9% year-over-year increase in […]

Hispasat has made a significant move in the Latin America media market, one of its key target territories. The company announced April 29 that it has struck a deal to […]

Northrop Grumman’s Space segment saw sales increase 29% in the first quarter of 2021, the company reported Thursday. Sales were $2.5 billion in Q1 of 2021, up from $1.9 billion […]

Eutelsat’s over $500 million investment for a 24% stake in OneWeb, announced Tuesday, marks one of the major Geostationary Orbit (GEO) operators making a substantial move in Low-Earth Orbit (LEO). […]

Boeing‘s Defense, Space & Security division reported $7.2 billion in revenue in its first quarter 2021 (Q1) financial results, reflecting a 19% jump from the same period in 2020. The […]

Eutelsat has joined the OneWeb investment consortium with a $550 million investment. This brings funding for the new iteration of OneWeb to $1.9 billion — 80% of what is needed to […]

Japanese space startup Warpspace has closed a 400 million yen ($3.6 million) Series A funding round to commercialize its plans for an inter-satellite optical communication relay network service. This funding […]

Mobile satellite operator Iridium continued its streak of billable subscriber growth in its first fiscal quarter of 2021, ending the period with 1,518,000 total billable subscribers. This represents a 14% […]

Lockheed Martin’s Space segment saw another quarter of increased sales, as the company reported $3 billion in net Space sales in the first quarter (Q1) of 2021. This was a […]

Space relay network developer SpaceLink has hired three new senior executives to is leadership team. The company named Alan Khalili as its new CFO, along with Jim Schwenke as its […]

The clash between Intelsat and SES over accelerated relocation payments from the C-band clearing continues. On April 14, Intelsat submitted an objection in its Chapter 11 court case, accusing SES […]

The Court of Justice of the European Union (EU) issued a ruling Thursday that rejected a challenge by Eutelsat and Viasat against French regulator Arcep’s authorization of Inmarsat’s European Aviation […]

Earth Observation (EO) data company Capella Space has hired its first CFO. Jon Campagna, the former CFO of Virgin Galactic, will be joining Capella’s executive team along with Julie Ambory […]

Smallsat broadband connectivity company Astranis has completed a $250 million Series C financing round that values the company at $1.4 billion. The financing round announced Wednesday was led by funds […]

HawkEye 360 has closed a $55 million Series C Funding round, led by NightDragon, with participation from existing investors Advance, Razor’s Edge Ventures, Shield Capital, Dorilton Ventures, Adage Capital, and […]