Finance

AMERGINT Technologies Holdings, Inc. on Monday said it has agreed to acquire the space-based optics business of Raytheon Technologies, adding a new line of capabilities for the company. Terms of the pending […]

Singapore Technologies Engineering Ltd (ST Engineering) said that its Aerospace and Electronics sectors have received about $1.1 billion in new contracts in the First Quarter (Q1) of 2020.   The Aerospace […]

Atlas AI, a geospatial intelligence company, has raised $7 million its Series A round led by Airbus Ventures, with participation from Micron Technology and existing investor The Rockefeller Foundation. Also […]

Intelsat SA is seeking backers for a bankruptcy loan that would keep the satellite service in business under Chapter 11 court protection while it’s waiting for billions of dollars in proceeds […]

General Atomics Electromagnetic Systems has opened a new spacecraft development, integration and test factory outside of Denver, the company announced April 9. The new, 33,000-square- foot facility in Centennial, Colorado, […]

Oneweb has appealed to the [U.K.] Government for a rescue loan as the bankrupt satellite business hunts for a lifeline after a planned investment from Japanese giant SoftBank collapsed. The […]

Eutelsat estimates a $21.8 million risk to its Fiscal Year (FY) 2019-20 revenues due to the COVID-19 crisis. The company said in a Thursday announcement updating its financial objectives in […]

ULA has repurposed some of its 3D printing equipment to produce parts for face shields and ventilators to address the COVID-19 crisis, the launcher announced on Thursday. ULA is working […]

Lockheed Martin committed another $50 million in advances to its supply chain on April 9, marking the third advance, for a total of $156 million, to keep its supply chain […]

Virgin Galactic has designed and built several prototype patient oxygen hoods through a partnership with sister company The Spaceship Company, NASA Armstrong Flight Research Center, and two entities in Antelope […]

Maxar Technologies has closed the sale of MDA, formerly its Canadian subsidiary, to a consortium of investors led by Northern Private Capital for CAD$1 billion. Net proceeds are expected to […]

Made in Space (MIS) has supplied hospitals in Jacksonville, Florida, and Mountain View, California, with 3D printed face shields made in its nearby facilities. The masks are meant to address the […]

United Launch Alliance (ULA) put out a statement on April 6 that an employee in a Denver facility tested positive for COVID-19 that same day. ULA President and CEO Tory […]

Finnish startup Iceye has big ambitions — the smallsat company wants to do for satellite imagery what IBM did for computing in the ‘80s. “We want to democratize the technology, […]

Myriota has raised $19.3 million in Series B funding led by Hostplus and Main Sequence Ventures, the Australian Internet of Things (IoT) nanosatellite connectivity company announced Monday. Additional investors include […]

Lockheed Martin is doubling the money it is advancing to businesses in its supply chain during the COVID-19 pandemic, Chairman, President and CEO Marillyn Hewson said in an April 3 […]

For those in the In-Flight Connectivity (IFC) value chain, one of the first priorities related to dealing with the COVID-19 pandemic is how to deal with existing contracts that in […]

T-Mobile completed its merger with Sprint Corporation, the wireless company announced Wednesday. The new combined parent company T-Mobile US, Inc., will operate under the name T-Mobile.  The new T-Mobile has […]

Myriota Canada, a Canadian subsidiary of the Australian Internet of Things (IoT) nanosatellite connectivity company Myriota, plans to acquire satellite assets from exactEarth Ltd. for about $422,000. A portion of […]

Viasat and Visiontec have expanded their partnership working to bring reliable internet service to residential homes in Brazil. Visat said in a March 31 release that it plans to reach 100% […]

Most Airbus facilities in Spain are working to 3D print visors frames to protect healthcare personnel in the COVID-19 response, the company announced April 1. More than twenty 3D printers […]

AXESS Networks (AXESS), has signed a joint venture agreement with the Saudi Arabian communications provider Middle East Telecommunications (METelecom) to provide end-to-end managed satellite communications solutions for customers operating in […]

Exotrail has released its cloud-based mission design software, ExoOPS – Mission Design for customers, and announced that Eutelsat is contracted to use the software. Eutelsat Project Manager Antonin Hirsch said […]

Startup Lynk Global recently hit a Low-Earth Orbit (LEO) milestone by sending a message from a satellite directly to a cell phone on Earth — and one of the company’s co-founders […]

mPower Technology has closed an additional $1.85 million in Series A funding, bringing the company’s total Series A round to $4.35 million, the solar technology company announced on March 24. […]

Lockheed Martin will advance more than $50 million to the small- and medium-sized business partners in its supply chain so that the companies can continue to operate and sustain jobs […]

OneWeb filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York on Friday, March 27. The company has been one of the standard-bearers […]

ACCESS.SPACE Alliance, which represents the small satellite sector and its stakeholders, has called for support for the sector during the Covid-19 crisis. The organization said that since the Covid-19 virus […]

Nevada-based spacecraft manufacturer Bigelow Aerospace has laid off its entire workforce of 88 employees, effective immediately, after Nevada Governor Steve Sisolak ordered all “non-essential” businesses in the state to close, […]

The Board of Directors of Spacecom, which operates the AMOS satellite fleet, has appointed Dan Zajicek as new CEO, effective April 1, the company announced Thursday. Zajicek has been the […]