Finance

EchoStar CEO Hamid Akhavan teased plans for a direct-to-device satellite constellation during EchoStar’s investor call on May 8, saying that while EchoStar hasn’t made many announcements, it is getting plans […]

MDA Space grew revenue 68% year-over-year in the first quarter of 2025 as the manufacturer ramps up work on satellite constellation projects for Telesat and Globalstar. CEO Mike Greenley addressed […]

Quantum computing company IonQ has signed an agreement to acquire Capella Space to accelerate its plans in quantum networking. IonQ, based in College Park, Maryland, announced the move on Wednesday.  […]

Telesat’s backlog for its Lightspeed Low-Earth Orbit (LEO) constellation is now nearly $1.1 billion Canadian dollars ($800 million) after signing a capacity deal with Viasat in April.  Earlier this year, […]

President Trump’s budget proposal for NASA looks to cut funding for the agency by 24%, while increasing funding for human space exploration and slashing space science funding.  The Trump-Vance Administration […]

Revenues in the Airbus Defence and Space segment were up 11% year over-year in the first quarter, as Airbus reported Q1 2025 results on Thursday. CEO Guillaume Faury expressed support […]

True Anomaly has raised another $260 million in a Series C funding round. The aim of this funding will be to accelerate its next phase of growth, vertical integration, facility […]

New O3b mPOWER satellites for SES will increase capacity of the constellation by nearly 30% this year, which will bring critical capacity for customers in government, maritime, and aero, CEO […]

Flush with demand for its standardized spacecraft buses and seeking to speed production, Apex on Tuesday said it has raised $200 million in a Series C round that will be put toward […]

Spire Global completed the sale of its maritime business to Belgian data and analytics company Kpler, using the proceeds to retire all outstanding debt, Spire announced April 25.  Spire sold […]

L3Harris lowered guidance for the company to account for a divestiture, but leadership was optimistic on Thursday’s investor call about opportunities for its satellite business to participate in the “Golden […]

Revenue in the Boeing Defense, Space & Security (BDS) segment was down 9% in the first quarter of 2025, but the segment’s operating margin improved year-over-year.  BDS reported revenue of […]

Satellite ground technology startup Northwood Space has raised $30 million in a Series A funding round led by Alpine Space Ventures and Andreessen Horowitz (a16z).  Also Capital, Founders Fund, and […]

Iridium CEO Matt Desch walked investors through how tariffs are impacting Iridium’s equipment supply chain, saying that for now, Iridium is absorbing a higher cost of importing goods into the […]

Europe has not invested enough in sovereign space capabilities. This is one of the conclusions of a new Seraphim Space white paper released April 16. The white paper details several […]

Space logistics company D-Orbit announced a deal on Friday to acquire Italian Earth Observation (EO) and analytics company Planetek Group to bring together in-orbit servicing and space data. D-Orbit has […]

Avanti Communications (Avanti) completed its move to a new headquarters at Spaceport Cornwall’s Space Systems Operations Facility (SSOF), in Newquay. Cornwall is fast becoming a major U.K. space hub. Avanti […]

Startup satellite developer Portal Space Systems on Thursday said it raised $17.5 million in an oversubscribed seed round that will support the full-scale demonstration of its Supernova multi-role, transorbital spacecraft […]

Aetherflux, the space solar power startup from the co-founder of Robinhood Baiju Bhatt, raised $50 million in a Series A funding round, the company announced Wednesday.  Index Ventures and Interlagos […]

MDA Space will acquire Israeli satellite tech company SatixFy Communications for $193 million under an agreement announced on Tuesday to boost its technology portfolio for satellite constellations.  In 2023, MDA […]

Spire Global grew revenue 13% in 2024, as it deals with “ongoing disruption” working to close a sale of its maritime business to data and analytics platform Kpler. Spire reported […]

While Telesat has always been optimistic on government prospects for its Lightspeed Low-Earth Orbit constellation, “tectonic shifts” in the geopolitical landscape have made the operator even more bullish on national […]

Satellogic completed the relocation of the company from the British Virgin Islands to Delaware in the United States, Satellogic announced on March 26. Satellogic initially announced the move in April […]

Karman Space & Defense, a California-based integrated space systems manufacturer startup, raised over $500 million for investors and shareholders since it successfully completed its IPO on the New York Stock […]

Globalstar opened a new satellite operations control center (SOCC) at its Covington, Louisiana headquarters on March 17. Globalstar said the SOCC represents a “key investment,” enhancing satellite fleet management and […]

For years, enterprise customers of Starlink have complained that the company doesn’t offer a conventional enterprise contract, with the traditional guarantees of bandwidth, uptime, and availability, known as “service level […]

BlackSky Technology grew revenue 8% year-over-year in 2024 and reached new record revenue — but this growth was considerably less than the 45% growth the company realized in 2023.  The […]

Fleet Space Technologies has acquired HiSeis, a seismic exploration technology company. Fleet Space announced the acquisition on Wednesday, saying it will integrate HiSeis’ seismic solutions into its ExoSphere platform, which […]

Rocket Lab posted record revenue in 2024 with 78% year-over-year growth, but also pushed its plans for the first Neutron launch to the second half of 2025.  Rocket Lab reported […]

Globalstar reported record revenue and 12% year-over-year revenue growth in 2024. Revenue was a record $250.3 million, which exceeded the high end of the company’s revenue guidance.  Globalstar said this […]