Finance

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...

SWISSto12, the Swiss smallsat company. has gained new financing, the company announced Sept. 13. It has secured a CHF 25 million ($28 million) working capital facility from UBS Switzerland, the...

Intelsat is teaming up with Aalyria as it looks to advance multi-orbit connectivity. Intelsat announced the deal, Sept. 12. The deal aims to advance the development of a new optical...

Chris Emerson, the former Chairman and CEO of Airbus US Space and Defense, was appointed Chairman of antenna manufacturer ALL.SPACE‘s board of directors, the company announced Monday. Emerson currently serves...

PARIS — Leading satellite operators CEOs speaking on a World Satellite Business Week panel on Monday said they are building out multi-orbit networks and partnerships to deal with competition from...

Planet Labs delivered record quarterly revenue of $53.8 million in the second quarter of its 2024 fiscal year, beating guidance on gross margin and Adjusted EBITDA, but cut its full-year...

Speedcast appoints James Feger as the company’s new chief technology officer, to improve its software-defined wide area networking solutions. Feger joins Speedcast from application security and multi-cloud management company F5,...

Microgravity research and manufacturing company Space Tango has hired Sita Sonty as CEO, the company announced Sept. 1. Space Tango works in microgravity applications for hardware, software, materials science, biotech,...