Finance

Private equity firm Platinum Equity has moved to acquire in-flight connectivity (IFC) provider Anuvu for an undisclosed sum.  Anuvu provides IFC services to more than 150 airlines and also licenses...

Spire Global is on a firmer financial foundation after closing the sale of its maritime business, with leadership giving an update on Aug. 14 on an uptick in demand from...

Sidus Space reported a 36% year-over-year increase in revenue in the second quarter of 2025, which the company said is due to pivoting away from legacy services in favor of...

EDGX, a new Belgian AI space startup, has raised 2.3 million euros ($2.7 million) in funding. The funding will help accelerate the commercialization of EDGX Sterna, a next generation edge...

Photo: Pale Blue Mitsubishi Electric has invested in one of the most talked about Japanese space-based start-ups, Pale Blue, a company formed five years ago. Pale Blue is a start-up...

While BlackSky has lowered its full-year outlook for 2025, citing the “near term volatility” of the U.S. government budget process, CEO Brian O’Toole told investors on Thursday that BlackSky believes...

MDA Space grew revenue 54% year-over-year in the second quarter of 2025 as the Canadian manufacturer ramps up work for satellite constellation customers. MDA Space reported revenues of $373.3 million...

Viasat reported stronger than expected year-over-year revenue growth in the first quarter of its 2026 fiscal year, with growth coming from its Defense and Advanced Technologies (DAT) segment.   On the...

Telesat saw a 30% revenue decline in the second quarter of 2025 with its GEO business, while the operator is working on opportunities for its upcoming LEO constellation, particularly in...

The past year has marked a scaling up for Eutelsat Group’s OneWeb Low-Earth Orbit (LEO) services, with the French operator saying Tuesday that LEO revenue grew by 84% year-over-year in...