Finance

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...

Firefly Aerospace looks to be the next space company to go public, filing a registration statement for an initial public offering (IPO) on July 11. The company hasn’t yet announced how...

The FCC approved SES’s acquisition of Intelsat on Friday, determining that the combination will create “a more vigorous satellite competitor.” With this approval, the deal is set to close this...

Varda Space Industries raised a $187 million Series C round to scale the company’s work to build in-space pharmaceutical labs and hypersonic reentry test capabilities.  Varda has completed three launch...

The United Kingdom is set to join Eutelsat Group’s capital raise with a 90 million euro ($105 million) investment, increasing the capital raise to 1.5 billion euros ($1.8 million)  This...

MDA Space has closed its acquisition of SatixFy Communications to bring SatixFy’s satellite communication chipsets in-house.  SatixFy’s operations and full technology portfolio will be integrated into the Satellite Systems business...

Lynk Global filed counterclaims against its SPAC sponsor in a dispute over plans to merge and become a public company.  In June, special purpose acquisition company (SPAC) Slam Corp filed...