Finance

Globalstar increased its overall 2023 guidance on Thursday after reporting 53% year-over-year growth in the third quarter. Globalstar raised the low end of its guidance for the second time this...

GPS startup Zephr raised $3.5 million in a seed round led by Space Capital and First Spark Ventures, the company announced Tuesday. Zephr is working to create a networked GPS...

Viasat is laying off 800 employees, about 10% of its workforce, as it is integrating the Inmarsat business post-acquisition. Viasat announced the reduction on Thursday and said it will be...

MDA closed on its acquisition of SatixFy Space Systems UK (SSS) on Oct. 31, the company announced. MDA announced its plan to acquire the digital payload division of SatixFy Communications...

SES is pushing back the start of commercial service for its O3b mPOWER constellation to early in the second quarter of 2024, as it deals with power module issues on...

Maxar Intelligence has named Dan Smoot as CEO, after Maxar Technologies recently split into two businesses — Maxar Space Infrastructure and Maxar Intelligence. The satellite imagery-focused company announced the move...

The Space & Airborne Systems and Communication Systems segments at L3Harris delivered growth in the third quarter of 2023.  Company-wide revenue at L3Harris was up 16% in Q3 compared to...

Terran Orbital held a town hall on Thursday to increase investor confidence in an attempt to raise the share price. Over an hour-long call, CEO and Chairman Marc Bell took...

Eutelsat Communications operating vertical revenues in the first quarter of the operator’s 2023-24 fiscal year were down 2.4% compared to the same time last year on a like-for-like basis. Eutelsat...

Space Systems was the fastest-growing segment at Northrop Grumman in the third quarter of 2023, with 11% growth year-over-year. The company released Q3 results on Thursday, and raised guidance for...