Finance

Iridium Communications grew income in the second quarter of 2022 by 17% compared to the same time period last year, boosting commercial and government service revenue, along with subscriber equipment...

Eutelsat and OneWeb have reached an agreement to combine, bringing together satellite assets in Geostationary Orbit (GEO) and Low-Earth Orbit (LEO) for multi-orbit service. The companies announced the news early Tuesday,...

Satellite intelligence startup Astraea raised a $6.5 million Series A round led by Aligned Climate Capital and Carbon Drawdown Collective to commercialize its geospatial platform focused on climate change.  Astraea’s...

Update: Eutelsat and OneWeb announced early Tuesday that they have signed an MoU to combine Eutelsat and OneWeb in an all-share transaction. Under the deal, Eutelsat shareholders and OneWeb shareholders...

Today, people who want to get data from space have more options than ever before. They can buy the data from a space company. They could start their own space...

The global startup space industry is thriving. Startup space ventures brought in a record $15 billion in financing in 2021, and seed investments in startups rose by 46 percent, according...

Spire Global is ramping up focus on Australia and New Zealand with two new executive hires and plans to open an office in Melbourne, the company announced the week of...

Boeing on Wednesday said it has agreed to provide $50 million to anchor a new aerospace technology venture fund that is privately-managed by the company’s partner AE Industrial Partners (AEI), a private...

Raytheon Technologies on Monday said its United Kingdom-based subsidiary has agreed to acquire another U.K.-based company, Northern Space and Security Ltd. (NORSS), that specializes in space domain awareness. Terms of...

Sales in Lockheed Martin’s Space segment decreased $352 million, or 11% in the second quarter of 2022, compared to the same period in 2021. Lockheed Martin overall saw a dip...