Finance

MDA is acquiring SatixFy’s digital payload division in a $40 million acquisition to increase its offerings in the digital satellite communications market, the Canadian manufacturer announced Thursday.  SatixFy is headquartered...

Satellite flight software provider ReOrbit raised $7.4 million in an oversubscribed seed funding round, the Helsinki-based company announced Wednesday. Inventure VC led the round, along with participation from 10xFounders, Icebreaker.vc,...

SatSure, an Earth observation startup based in India and focused on using satellite data for agricultural insurance use cases, raised $15 million in a Series A round. Baring Private Equity...

Former Qualcomm CEO and XCOM Labs founder Paul Jacobs is joining Globalstar as CEO, as Globalstar announced Tuesday that CEO David Kagan is retiring. The move is part of a...

With the world facing a series of environmental and climate changes, satellite companies will play a vital role in combating climate change. Satellite startup Amini has the potential to be...

Telesat dropped a huge announcement earlier this month as it finally revealed its Lightspeed constellation is full steam ahead. Telesat has funding in place and switched to MDA from Thales...

SCOUT Space has made an acquisition to strengthen its defense and technical capabilities, acquiring space domain awareness software company Free Space. SCOUT announced the acquisition on Aug. 24. Terms of...

In-space transportation company Momentus executed a reverse stock split on Wednesday, to raise the price of its shares so the company can continue trading on the Nasdaq stock exchange.  Momentus...

Sidus Space is acquiring Exo-Space to expand into the AI sector and improve its solutions for the Earth observation market. Sidus Space is a satellite manufacturing and space services company...

Private equity firm Trive Capital is acquiring Hypergiant Industries to advance its AI solutions for the defense sector. Trive Capital, based in Dallas, announced the acquisition on Tuesday. Terms of...