Finance

Automotive giant Toyota is investing in Japanese rocket startup Interstellar Technologies as part of its vision for the future of mobility.  Woven by Toyota (WbyT), the mobility arm of Toyota […]

Ligado Networks has filed for Chapter 11 restructuring, and has signed a deal with AST SpaceMobile to allow the company to use Ligado’s mid-band spectrum.  Ligado announced the bankruptcy filing […]

The special purpose acquisition company (SPAC) planning to merge with Lynk Global extended its deadline to complete the merger and must return more than $80 million after shareholders voted to […]

Japanese satellite company Synspective ended 2024 with a public listing on the Tokyo Stock Exchange Growth Market and a dedicated satellite launch on Dec. 21.  Rocket Lab launched a single StriX […]

Iceye closed $65 million in extension funding, taking the company’s total raised in 2024 to $158 million. The funding round extension included participation from funds managed by Finnish sovereign wealth […]

Australian space startup Fleet Space Technologies closed a Series D funding round worth $150 million Australian dollars ($100 million) to grow the capabilities of its ExpoSphere platform, which combines satellite […]

Hyperspectral imaging startup Pixxel secured $24 million in a Series B extension round, adding new investors M&G Catalyst and Glade Brook Capital Partners. The investment announced Monday brings Pixxel’s total […]

Gogo completed its acquisition of Satcom Direct to form a multi-orbit, multi-band, in-flight connectivity (IFC) provider for the business aviation and military/government mobility markets. One analyst noted that the combined […]

The U.S. Department of Commerce has finalized agreements with Rocket Lab and BAE Systems Electronic Systems for funding under the CHIPS program for investment in semiconductors used in satellites.  Rocket […]

DirecTV’s deal to acquire Dish Network from EchoStar is off after Dish debt holders did not agree to a debt offer from EchoStar.  DirecTV announced Nov. 21 that it would […]

The Exploration Company has raised $160 million in a Series B round that marks the largest space Series B round in Europe and a statement of intent from the European […]

Starfish Space on Wednesday announced a new funding round that will allow it to complete development and build of three spacecraft that will be used for on-orbit docking and maneuvering missions […]

Telesat has seen customers discussions for the Lightspeed constellation ramp up after the Canadian operator finalized funding for the Low-Earth Orbit (LEO) constellation in the third quarter, CEO Dan Goldberg […]

Spire Global plans to sell its maritime business to Kpler in a $241 million deal that will pay off all of the company’s debt.  Kpler is a data and analytics […]

Rocket Lab announced its first launch deal for the upcoming medium-lift Neutron rocket —  a multi-launch agreement with an unnamed commercial satellite constellation operator.  Rocket Lab announced the deal on […]

Firefly Aerospace has raised $175 million in new venture capital that will help it boost production of a multi-mission orbital vehicle and its small lift rocket, and accelerate hardware qualification of […]

EchoStar posted a 5% drop in revenue in the third quarter of 2024 as the company lost subscribers in satellite TV and broadband. EchoStar reported its third quarter financials on […]

Globalstar is already working on the new satellite constellation program for Apple, Globalstar CEO Paul Jacobs told investors in the company’s third quarter call on Nov. 7.  The company’s stock […]

Revenue at SES dipped 2% year-over-year in the third quarter of 2024, but the satellite operator said its revenue and adjusted EBITDA outlook are both tracking to the top end […]

Ahead of launching the first satellites in its Gen-3 constellation upgrade, BlackSky fully acquired small satellite manufacturer LeoStella. BlackSky announced the move in its third quarter investor call on Nov. […]

Viasat reported a slight dip in revenue in the second quarter of fiscal year 2025 as revenue declines in fixed satellite services and maritime offset the company’s growth in aviation, […]

In his first call as Comtech’s permanent CEO, John Ratigan said the company’s financial performance in the fourth quarter of fiscal year 2024 was below expectations.  Ratigan spoke with investors […]

Apple is doubling down on its partnership with Globalstar, investing $1.5 billion to fund a new constellation for expanded satellite services.  Apple will pay Globalstar up to $1.1 billion to […]

Airbus is evaluating potential consolidation for its Space segment in Europe, CEO Guillaume Faury told investors on Oct. 30.  The Space segment at Airbus has been challenged this year with […]

Lockheed Martin completed its acquisition of smallsat manufacturer Terran Orbital, acquiring the former SPAC as its largest customer. Terran Orbital and subsidiary Tyvak International are now part of Lockheed Martin’s […]

A new remote sensing startup Matter Intelligence emerged from stealth mode on Wednesday with $12 million in seed funding. The startup aims to capture hyperspectral data of “all matter on […]

Eutelsat Group reported modest revenue growth in the first quarter of its 2024-25 fiscal year, driven by growth in Fixed Connectivity from OneWeb’s deal with Saudi Arabian city Neom.  Eutelsat […]

L3Harris reported challenges on classified programs in its Space and Airborne segment while revenue for the segment was flat during the third quarter of 2024. L3Harris reported Q3 financials on […]

Earnings for Northrop Grumman’s Space segment were up 14% year-over-year in the third quarter of 2023, despite a modest decline in sales. Northrop Grumman reported Q3 results on Thursday. The […]

Revenue for Boeing’s Defense, Space & Security (BDS) segment was flat in the third quarter of 2024, but loss from operations more than doubled as Boeing took charges on fixed-price […]