Finance

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...

SES reported stable revenues in the first half of 2025, with standout 17% year-over-year growth in the Government segment in H1. CEO Adel Al Saleh reported rising demand in the...

An investment firm that holds a 2.6% stake in Viasat is advocating that the company spin-off or IPO its Defense and Advanced Technologies (DAT) business, calling it “undervalued and under-appreciated.” ...

Revenue in Boeing’s Defense, Space & Security (BDS) business grew by 10% year-over-year in the second quarter of 2025, alongside improvements in operating margin and gains in backlog.  BDS revenue...