Finance

Muon Space has expanded its Series B funding round by $89.5 million and acquired propulsion startup Starlight Engines in a bid to expand and vertically integrate satellite production.  Muon Space […]

The European Commission granted unconditional approval for SES’s acquisition of Intelsat, issuing a determination that the combination does not raise competition concerns in the European Economic Area (EEA).  The EC […]

Space computer and autonomous spacecraft startup Aethero raised an $8.4 million seed round to further its technology development. Aethero, based in San Franciso, said the seed round was led by Kindred […]

Sales in Comtech’s Satellite and Space Communications (S&S) segment were down 5.3% year-over-year in the third quarter of fiscal year 2025, while the company works through a transformation plan to […]

Geodesic Capital has raised $250 million for its Geodesic Alliance Fund, a new venture fund focused on advancing the U.S.-Japan alliance. The fund aims to invest in technologies that enhance national […]

Global satellite operator SES hired former Aerojet Rocketdyne executive Elisabeth (Lisa) Pataki as its Chief Financial Officer (CFO), the company announced June 6th. She will take over for Sandeep Jalan […]

Space transportation company Impulse Space raised a staggering $300 million in a Series C funding round led by Linse Capital. The cash haul ranks as one of the largest venture […]

Satellite manufacturer EnduroSat has raised 43 million euros in investment led by Founders Fund, to scale production of its Gen3 satellite platform in the 200-500 kg class. EnduroSat is based […]

SatixFy Communications more than doubled revenue in the first quarter of 2025 as the satellite tech company is in the midst of a deal to be acquired by MDA Space. […]

Another 20 companies have been selected for the CASSINI Business Accelerator program, an initiative of the European Commission (EC) and European Union Agency for the Space Programme (EUSPA). It was […]

Canadian spacecraft manufacturer MDA Space has agreed to pay more money to acquire satellite communication chipset developer SatixFy Communications after the latter completed a “go-shop” process for alternative acquisition bids […]

U.K.-based Space Forge raised a 22.6 million pound ($30 million) Series A round this week, to further its plans for in-space manufacturing. The NATO Innovation Fund led the round with […]

Eutelsat Group reported 300 million euros ($335 million) in revenue in the third quarter of its 2024-25 fiscal year, down 1.9% year-over-year.  Notably, Eutelsat reported a 10% year-over-year increase in […]

Redwire Corporation reported a 30% year-over-year decline in revenue in the first quarter of 2025 as leadership reported delays in contract awards from the U.S. government. Redwire reported $61.4 million […]

Globalstar executives said the company is positioned to minimize financial impacts from tariffs, and reaffirmed its full-year guidance in first quarter financial results on May 8. The satellite operator increased revenue […]

Rocket Lab’s first quarter 2025 results on Thursday came with a slate of announcements — a new launch contract from the U.S. Air Force Research Laboratory for the upcoming Neutron […]

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 […]