Finance

Canadian manufacturer MDA is building a new global headquarters housing a space robotics facility in Brampton, Ontario. The 200,000 square-foot building will feature the Space Robotics Centre of Excellence, state-of-the-art...

Former astronaut Tim Kopra has joined OneWeb Technologies as president to lead the company’s growth strategy. OneWeb Technologies, formerly TrustComm, is OneWeb’s U.S. proxy focused on serving Five Eyes governments. ...

Space simulation startup Slingshot Aerospace closed a $25 million Series A-1 funding round, the company announced Thursday. Draper Associates, the venture capital of Tim Draper and ATX Venture Partners led...

Spire Global posted $43.4 million in revenue for 2021, beating its revised full year guidance of revenue between $40 million and $42 million. This represents a 52% increase over 2020...

Globalstar has appointed former AT&T Exec Dave Haight to be its new vice president of IoT, the company announced March. 8. Haight joins Globalstar after working on developing the IoT...

Satellite ground technology company SatixFy is in the process of going public through a special purpose acquisition company (SPAC) deal with Endurance Acquisition Corp. The deal, announced Tuesday, will make...

Weather intelligence company Tomorrow.io’s SPAC merger is off. Tomorrow.io and special purpose acquisition company (SPAC) Pine Technology Acquisition Corp. announced Monday that they have agreed to terminate their merger agreement...

Intelsat has named former Raytheon executive David Wajsgras as its next CEO, effective April 4. Wajsgras succeeds CEO Stephen Spengler, who was with the company for 18 years, and previously...

British Earth observation (EO) startup Satellite Vu has closed the second round of its Series A, bringing total funding to 20 million pounds ($26 million). Seraphim Space Investment Trust Plc,...

Canadian space companies including Telesat, SpaceBridge, and MDA are launching a new industry group for the national space industry called Space Canada. The group said Thursday it will offer a...