Finance

Axelspace, a Japanese Earth observation provider and smallsat manufacturer, has raised new funding and is partnering with new Japanese venture Space Compass on its Space Integrated Computing Network.  Axelspace announced...

Virgin Orbit has filed for Chapter 11 bankruptcy after the company was unable to secure new funding. The smallsat launcher said in an April 4 statement that it intends to...

Consulting firm Deloitte has launched a space practice called Deloitte Space to advise organizations on the potential of the industry. Deloitte has 15 years of experience advising in the space...

AST SpaceMobile gave an update on BlueWalker 3 satellite-to-cell tests in its full year financial results, reporting initial tests show the downlink signal strength needed to reach 5G cellular broadband...

Virgin Orbit laid off about 85% of its workforce, approximately 675 employees, after it was unable to secure funding.  The smallsat launcher disclosed the layoffs in filings to the Securities...

Planet increased revenue by 46% year-over-year in its 2023 fiscal year that ended January 31, 2023. The Earth observation (EO) company also announced Wednesday it is acquiring Sinergise, a developer...

Telesat leadership did not have an update on financing for the Lightspeed constellation in its full year financial results, but confirmed the company is optimistic and confident the project will...

SES confirmed the operator is in talks for a potential combination with fellow operator Intelsat. SES issued a statement Wednesday morning after Bloomberg reported the satellite companies are nearing a...

Isar Aerospace, one of the new launch companies out of Europe, has secured another $165 million in financing, as it gets ready for its first launch later this year. The...

To commemorate International Women’s Day, Via Satellite celebrates women who have made a difference for the greater satellite and space industry, and in the lives of their colleagues. More than 75 people...