Finance

Finish satellite manufacturing startup ReOrbit has raised a 45 million euro Series A round, led by Springvest. The company called it a milestone for Europe’s space and defense sector, and...

EchoStar is canceling its plans for the direct-to-device (D2D) satellite constellation announced last month, instead selling spectrum to SpaceX that will be used for Starlink’s own D2D services in a...

Eutelsat is bringing all of its activities together under the Eutelsat brand, while maintaining OneWeb as the name of its Low-Earth Orbit (LEO) constellation.  Since Eutelsat acquired OneWeb in 2023,...

UNIO Enterprise has been acquired by OrbitsIQ Global (OIQ) in an interesting piece of pan-European consolidation. The acquisition aims to combine UNIO’s connectivity software with OIQ’s vision to seamlessly integrate...

New Mexico-based startup mPower Technology, Inc., said it has received an investment from Lockheed Martin that will help accelerate the company’s efforts to scale production of its solar modules. The investment by Lockheed...

Teledyne Technologies Incorporated has an agreement to acquire TransponderTech for its portfolio of connected commercial maritime products. TransponderTech, based in Sweden, is owned by Saab AB.  Teledyne said TransponderTech designs...

Telesat has named a new CFO with the upcoming retirement of longtime CFO Andrew Browne. Telesat has hired Donald Tremblay, CFO of Quebec-based mining company Champion Iron. His appointment will...

EchoStar has reached a deal to sell 50 MHz of nationwide spectrum to AT&T for $23 billion, the companies announced Tuesday.  Specifically, AT&T will purchase approximately 30 MHz of nationwide...

European satellite manufacturer Aerospacelab has raised 94 million euros ($110 million) in a Series B round announced Tuesday to ramp up its satellite manufacturing capabilities.  The round includes a dual-tranche...

Veteran Ventures Capital (VVC) has closed a $60 million fund for investment in dual-use national security technologies, with space as a key focus. The firm noted that oversubscribed Fund II...