Inmarsat CEO Rajeev Suri will step down from his role with the close of the Viasat acquisition, Inmarsat announced Friday. Suri has been nominated to serve on Viasat’s board of directors. Viasat’s acquisition of Inmarsat is moving to close after clearing final approval from the European Commission this week.  Suri, former Nokia CEO, joined Inmarsat in…

Japanese space robotics startup GITAI has raised $30 million in a Series B extension round, the company announced May 25. GITAI is headquartered in Japan and has a U.S. subsidiary. Existing investors primarily contributed to the round.  The company plans to use the funds to enhance the technology readiness level of its Lunar Robotic Rover…

Viasat’s acquisition of Inmarsat is on its way to close after clearing a review by the European Commission. The transaction is expected to close by the end of this month, as the EC approval was the last major approval needed.  The EC went through an in-depth investigation that began in February, looking into how the…

Fleet Space Technologies has completed a successful Series C funding round, raising a further $50 million Australian dollars ($33.14 million), the company announced May 24. The new funding has been led by Australasian venture capital firm and existing investor Blackbird. Grok Ventures, Alumni Ventures and Hostplus have also participated in the round. New investors including…