Finance

Veteran Ventures Capital (VVC) has closed a $60 million fund for investment in dual-use national security technologies, with space as a key focus. The firm noted that oversubscribed Fund II […]

Sumitomo Corporation of Americas has invested into Ursa Space Systems to help the company serve customers across Asia, particularly in the Japanese market. The firm is the largest subsidiary of […]

Laser terminal manufacturer Mynaric has completed financial restructuring in Germany amid a deal to be acquired by Rocket Lab.  Mynaric announced Tuesday it has completed financial restructuring under the German […]

Voyager Technologies is investing into AI software company Latent AI in a move to bring edge computing to space.  Latent AI offers both enterprise and defense AI solutions. The companies […]

Private equity firm Platinum Equity has moved to acquire in-flight connectivity (IFC) provider Anuvu for an undisclosed sum.  Anuvu provides IFC services to more than 150 airlines and also licenses […]

Spire Global is on a firmer financial foundation after closing the sale of its maritime business, with leadership giving an update on Aug. 14 on an uptick in demand from […]

Sidus Space reported a 36% year-over-year increase in revenue in the second quarter of 2025, which the company said is due to pivoting away from legacy services in favor of […]

EDGX, a new Belgian AI space startup, has raised 2.3 million euros ($2.7 million) in funding. The funding will help accelerate the commercialization of EDGX Sterna, a next generation edge […]

Photo: Pale Blue Mitsubishi Electric has invested in one of the most talked about Japanese space-based start-ups, Pale Blue, a company formed five years ago. Pale Blue is a start-up […]

While BlackSky has lowered its full-year outlook for 2025, citing the “near term volatility” of the U.S. government budget process, CEO Brian O’Toole told investors on Thursday that BlackSky believes […]

MDA Space grew revenue 54% year-over-year in the second quarter of 2025 as the Canadian manufacturer ramps up work for satellite constellation customers. MDA Space reported revenues of $373.3 million […]

Viasat reported stronger than expected year-over-year revenue growth in the first quarter of its 2026 fiscal year, with growth coming from its Defense and Advanced Technologies (DAT) segment.   On the […]

Telesat saw a 30% revenue decline in the second quarter of 2025 with its GEO business, while the operator is working on opportunities for its upcoming LEO constellation, particularly in […]

The past year has marked a scaling up for Eutelsat Group’s OneWeb Low-Earth Orbit (LEO) services, with the French operator saying Tuesday that LEO revenue grew by 84% year-over-year in […]

SES reported stable revenues in the first half of 2025, with standout 17% year-over-year growth in the Government segment in H1. CEO Adel Al Saleh reported rising demand in the […]

An investment firm that holds a 2.6% stake in Viasat is advocating that the company spin-off or IPO its Defense and Advanced Technologies (DAT) business, calling it “undervalued and under-appreciated.”  […]

Revenue in Boeing’s Defense, Space & Security (BDS) business grew by 10% year-over-year in the second quarter of 2025, alongside improvements in operating margin and gains in backlog.  BDS revenue […]

Firefly Aerospace could raise up to $632 million in an initial public offering (IPO). Firefly announced Monday it has launched the roadshow for its proposed IPO and it plans to […]

Spaceflux has secured 5.4 million pounds ($7.31 million) in seed funding as it looks to expand its global telescope network and accelerate development of AI-powered space situational awareness solutions. The […]

A new startup Cascade Space raised $5.9 million in funding to develop a platform for satellite communication system design. The company, formerly known as Heliosphere Network, is looking to solve […]

Iridium Communications posted 8% year-over-year revenue growth in the second quarter of 2025, but trimmed its outlook for service revenue growth for the full year.  Iridium had been projecting revenue […]

Launch startup iRocket plans to go public in a special purpose acquisition company (SPAC) merger with a blank check company backed by former U.S. Commerce Secretary Wilbur Ross.  iRocket announced […]

Space42 has secured export credit agency (ECA)-backed financing to fund the Al Yah 4 and Al Yah 5 satellites.  Space42 announced $695.5 million in financing on Wednesday, arranged by Crédit […]

Lynk Global and blank check company Slam Corp have ended the deal to take Lynk public through a special purpose acquisition company (SPAC) merger. Lynk announced Monday the two parties […]

Quadsat has raised a further 5 million euros ($5.8 million) from its Series A funding round as it looks to accelerate its electronic warfare capabilities and become a bigger player […]

Quantum computing company IonQ has completed its acquisition of Capella Space, a move it said will support building a space-based satellite quantum key distribution (QKD) network.  IonQ said the company […]

Spain’s Indra Group has signed a new financing agreement with the European Investment Bank worth 385 million euros ($447 million) to invest in the defense and space sector. The loan […]

Firefly Aerospace looks to be the next space company to go public, filing a registration statement for an initial public offering (IPO) on July 11. The company hasn’t yet announced how […]

The FCC approved SES’s acquisition of Intelsat on Friday, determining that the combination will create “a more vigorous satellite competitor.” With this approval, the deal is set to close this […]

Varda Space Industries raised a $187 million Series C round to scale the company’s work to build in-space pharmaceutical labs and hypersonic reentry test capabilities.  Varda has completed three launch […]