Finance

Viasat’s acquisition of Inmarsat is on its way to close after clearing a review by the European Commission. The transaction is expected to close by the end of this month,...

Fleet Space Technologies has completed a successful Series C funding round, raising a further $50 million Australian dollars ($33.14 million), the company announced May 24. The new funding has been...

Rocket Lab, Launcher, and Stratolaunch have won bids to purchase assets from Virgin Orbit, according to bankruptcy filings released Tuesday. The auction took place on May 22, and the sale...

The Viasat and Inmarsat merger has secured another regulatory approval to move forward, this time from the FCC. The FCC issued an order on May 19 approving the transaction, stating...

German space startup Reflex Aerospace has booked a slot on a SpaceX mission to launch its demonstration satellite in fall 2024. Reflex also expanded its seed funding round with a...

Spire Global’s CFO Thomas Krywe plans to step down from the company in September, Spire disclosed in a Securities and Exchange Commission (SEC) filing on Wednesday.  The announcement comes as...

Satellite cybersecurity company SpiderOak has received new investments from Accenture Ventures, Raytheon Technologies‘ RTX Ventures, and Stellar Ventures — beyond the company’s $16.4 million Series C round closed in January. The...

Viasat reported record revenue in its 2023 fiscal year of $2.8 billion and $2.6 billion from continuing operations, an increase of 6% year-over-year, with a boost in aircraft in service...

Terran Orbital recorded record revenue of $28 million in the first quarter of 2023 and a new 16-satellite deal, but the company is burning through cash quickly. The manufacturer announced...

Spire Global reported a record $24.2 million in revenue in the first quarter of 2023, an increase of 34% year-over-year. New customer additions and increased adoption by existing customers drove...