Finance

PARIS — After EchoStar’s spectrum sales under the pressure of an FCC investigation, the company is at a pivot point with its new status of light in assets and heavy...

Excited by strong customer demand, investors are pouring another $200 million into satellite bus developer and manufacturer Apex to enable the company to continue buttressing efforts to accelerate production and vertically integrate....

French photonics technology startup Cailabs has raised 57 million euro ($67 million), led by financing from the European Investment Bank (EIB) to scale up production of its optical ground stations. ...

Finish satellite manufacturing startup ReOrbit has raised a 45 million euro Series A round, led by Springvest. The company called it a milestone for Europe’s space and defense sector, and...

EchoStar is canceling its plans for the direct-to-device (D2D) satellite constellation announced last month, instead selling spectrum to SpaceX that will be used for Starlink’s own D2D services in a...

Eutelsat is bringing all of its activities together under the Eutelsat brand, while maintaining OneWeb as the name of its Low-Earth Orbit (LEO) constellation.  Since Eutelsat acquired OneWeb in 2023,...

UNIO Enterprise has been acquired by OrbitsIQ Global (OIQ) in an interesting piece of pan-European consolidation. The acquisition aims to combine UNIO’s connectivity software with OIQ’s vision to seamlessly integrate...

New Mexico-based startup mPower Technology, Inc., said it has received an investment from Lockheed Martin that will help accelerate the company’s efforts to scale production of its solar modules. The investment by Lockheed...

Teledyne Technologies Incorporated has an agreement to acquire TransponderTech for its portfolio of connected commercial maritime products. TransponderTech, based in Sweden, is owned by Saab AB.  Teledyne said TransponderTech designs...

Telesat has named a new CFO with the upcoming retirement of longtime CFO Andrew Browne. Telesat has hired Donald Tremblay, CFO of Quebec-based mining company Champion Iron. His appointment will...