Finance

L3Harris increased its 2025 guidance after a strong third quarter financial results with growth in all four company segments. Also, CEO Chris Kubasik told investors on Thursday he sees a...

Boeing posted a double-digit revenue increase in its Defense, Space & Security segment in the third quarter of 2025, with a large gain in operating margin as well.  In the...

A new era in European space kicked off last week thanks to one of the biggest pieces of consolidation in the industry in recent history. Airbus, Leonardo and Thales signed...

The European space industry is witnessing a shake-up today as one of the continent’s biggest consolidation moves is now public. Airbus, Leonardo and Thales announced Thursday that they have signed...

Nxgsat, a Belgian space modem company, has closed a 1.2 million euros ($1.4 million) funding round. The company’s flagship product is a high-speed, 5G satellite modem designed to enable seamless...

Eutelsat saw a 70% boost in Low-Earth Orbit (LEO) revenues in the first quarter, offsetting declines in Video and Mobile Connectivity to hold overall revenue stable.  The operator reported first...

Seraphim Space Investment Trust’s (SSIT) overall portfolio is worth close to 260 million pounds ($348.91 million) at the end of June, a close to 29% increase compared to the same...

Europe needs to adopt faster procurement mechanisms, invest more in emerging technologies, and have closer collaboration with non-space sectors to close an innovation gap with the global space sector, the...

HyImpulse, one of Europe’s up and coming launch companies, has raised a further 45 million ($52.5 million) in funding, as it targets starting commercial launches as early as next year....

ABS has completed its move to Dubai as it looks to the next step of its growth path. It has successfully completed redomiciliation to the Dubai Development Authority (DDA). By...