Finance

Sidus Space announced two leadership appointments this week, elevating Leonardo Riera to chair of its board of directors, and Jared Novick to the role of COO. Both were already involved...

Commercial space station company Sierra Space announced a $290 million Series B funding round on Tuesday, valuing the company at $5.3 billion. The round takes Sierra Space’s total capital raised...

Blue Origin CEO Bob Smith is stepping down from his position at the end of this year, and Amazon’s Kuiper lead Dave Limp will become CEO of the company. A...

Deep-water drilling is often a $10 million a day, mission-critical operation. If a signal drops, and an oil rig engineer can’t track their machinery for more than a few seconds,...

The Westin Vendôme in Paris was packed in mid-September with a completely sold out World Satellite Business Week (WSBW). As the industry is expanding, the show is growing and buzzing...

The Global Satellite Operators Association (GSOA) has appointed ManSat’s CFO Rachel Beattie to be its new treasurer. GSOA announced the appointment Sept. 25. Beattie has been the CFO at ManSat...

Maxar Technologies is reorganizing into two businesses, splitting the company into Maxar Space Infrastructure and Maxar Intelligence. A representative for the company confirmed the move in a statement to Via...

Iridium Communications will hit $1 billion in annual service revenue in 2030, CEO Matt Desch projected during the company’s investor day presentation on Thursday, setting a bold revenue target for...

Kayhan Space raised $7 million in a seed extension round to advance the development of its Pathfinder spaceflight safety platform. Venture capital firms Space Capital and EVE Atlas funded the...

Sidus Space has been granted an additional 180 calendar days, or until March 11, 2024, to regain compliance with The NASDAQ Stock Market, the Space-as-a-Service company announced Thursday. Unlike many...