Finance

Firefly Aerospace could raise up to $632 million in an initial public offering (IPO). Firefly announced Monday it has launched the roadshow for its proposed IPO and it plans to...

Spaceflux has secured 5.4 million pounds ($7.31 million) in seed funding as it looks to expand its global telescope network and accelerate development of AI-powered space situational awareness solutions. The...

A new startup Cascade Space raised $5.9 million in funding to develop a platform for satellite communication system design. The company, formerly known as Heliosphere Network, is looking to solve...

Iridium Communications posted 8% year-over-year revenue growth in the second quarter of 2025, but trimmed its outlook for service revenue growth for the full year.  Iridium had been projecting revenue...

Launch startup iRocket plans to go public in a special purpose acquisition company (SPAC) merger with a blank check company backed by former U.S. Commerce Secretary Wilbur Ross.  iRocket announced...

Space42 has secured export credit agency (ECA)-backed financing to fund the Al Yah 4 and Al Yah 5 satellites.  Space42 announced $695.5 million in financing on Wednesday, arranged by Crédit...

Lynk Global and blank check company Slam Corp have ended the deal to take Lynk public through a special purpose acquisition company (SPAC) merger. Lynk announced Monday the two parties...

Quadsat has raised a further 5 million euros ($5.8 million) from its Series A funding round as it looks to accelerate its electronic warfare capabilities and become a bigger player...

Quantum computing company IonQ has completed its acquisition of Capella Space, a move it said will support building a space-based satellite quantum key distribution (QKD) network.  IonQ said the company...

Spain’s Indra Group has signed a new financing agreement with the European Investment Bank worth 385 million euros ($447 million) to invest in the defense and space sector. The loan...