Finance

Europe has not invested enough in sovereign space capabilities. This is one of the conclusions of a new Seraphim Space white paper released April 16. The white paper details several […]

Space logistics company D-Orbit announced a deal on Friday to acquire Italian Earth Observation (EO) and analytics company Planetek Group to bring together in-orbit servicing and space data. D-Orbit has […]

Avanti Communications (Avanti) completed its move to a new headquarters at Spaceport Cornwall’s Space Systems Operations Facility (SSOF), in Newquay. Cornwall is fast becoming a major U.K. space hub. Avanti […]

Startup satellite developer Portal Space Systems on Thursday said it raised $17.5 million in an oversubscribed seed round that will support the full-scale demonstration of its Supernova multi-role, transorbital spacecraft […]

Aetherflux, the space solar power startup from the co-founder of Robinhood Baiju Bhatt, raised $50 million in a Series A funding round, the company announced Wednesday.  Index Ventures and Interlagos […]

MDA Space will acquire Israeli satellite tech company SatixFy Communications for $193 million under an agreement announced on Tuesday to boost its technology portfolio for satellite constellations.  In 2023, MDA […]

Spire Global grew revenue 13% in 2024, as it deals with “ongoing disruption” working to close a sale of its maritime business to data and analytics platform Kpler. Spire reported […]

While Telesat has always been optimistic on government prospects for its Lightspeed Low-Earth Orbit constellation, “tectonic shifts” in the geopolitical landscape have made the operator even more bullish on national […]

Satellogic completed the relocation of the company from the British Virgin Islands to Delaware in the United States, Satellogic announced on March 26. Satellogic initially announced the move in April […]

Karman Space & Defense, a California-based integrated space systems manufacturer startup, raised over $500 million for investors and shareholders since it successfully completed its IPO on the New York Stock […]

Globalstar opened a new satellite operations control center (SOCC) at its Covington, Louisiana headquarters on March 17. Globalstar said the SOCC represents a “key investment,” enhancing satellite fleet management and […]

For years, enterprise customers of Starlink have complained that the company doesn’t offer a conventional enterprise contract, with the traditional guarantees of bandwidth, uptime, and availability, known as “service level […]

BlackSky Technology grew revenue 8% year-over-year in 2024 and reached new record revenue — but this growth was considerably less than the 45% growth the company realized in 2023.  The […]

Fleet Space Technologies has acquired HiSeis, a seismic exploration technology company. Fleet Space announced the acquisition on Wednesday, saying it will integrate HiSeis’ seismic solutions into its ExoSphere platform, which […]

Rocket Lab posted record revenue in 2024 with 78% year-over-year growth, but also pushed its plans for the first Neutron launch to the second half of 2025.  Rocket Lab reported […]

Globalstar reported record revenue and 12% year-over-year revenue growth in 2024. Revenue was a record $250.3 million, which exceeded the high end of the company’s revenue guidance.  Globalstar said this […]

Skylo has raised $30 million in an oversubscribed funding round, funding that CEO Parthsarathi Trivedi tells Via Satellite the company plans to invest in market expansion to grow its position […]

SES reported full year 2024 revenue of 2 billion euros ($2.1 billion) at the top end of its financial outlook, along with an increase in adjusted EBITDA that exceeded its […]

Startup Kapta Space emerged from stealth mode on Friday with plans to develop advanced spaceborne electronically-steered, radar-based imaging technology.  Milton Perque, formerly of Echodyne, and Adam Bily, formerly of Apple […]

Airbus logged another 300 million euros ($310 million) in charges on its Space programs in the fourth quarter 2024 after completing an in-depth technical review of its Space segment. In […]

Moody’s Ratings changed its outlook on satellite operator SES from “stable” to “negative” on Tuesday, citing increased competition in the satellite industry putting pressure on prices.  Moody’s explained its rationale […]

Eutelsat’s total revenue grew by nearly 6% in the first half of its 2024-25 fiscal year with growth in Connectivity, but the operator also took a 535 million euro ($560 […]

ETL Systems acquired IRT Technologies, a Canadian company specializing in satellite communication products, ETL Systems announced Feb. 14. IRT Technologies has over 14 years of experience in the satellite communications […]

K2 Space announced a $110 million Series B funding round to scale up production of its multi-orbit, high-power satellite platform on Feb. 13. The funding round was co-led by Lightspeed […]

Blue Origin laid off 10% of its workforce on Thursday as the launcher shifts from R&D into scaling manufacturing for its launch business.  The company is eliminating some positions in […]

Iridium reported modest revenue growth of 5% year-over-year in 2024, reaffirming its plan to reach $1 billion in service revenue in 2030. CEO Matt Desch also provided an update on […]

Gilat Satellite Networks anticipates strong revenue growth in the coming year, projecting its revenue growth for 2025 between 36% and 49%. Gilat released its full-year 2024 financial results on Feb. […]

Spire Global has filed a complaint in court against Kpler for not closing on the purchase of Spire’s maritime business.  Spire announced the deal with data and analytics platform Kpler […]

Oso Semiconductor closed a $5.2 million seed funding round to fund development of phased array chipsets for satellite communications, 5G, and radar systems, the company announced Feb. 12. Founded in […]

Viasat’s Aviation business grew revenue, backlog, and aircraft in service in the third quarter, while company leadership targets a return to growth for its declining Maritime segment in fiscal year […]