Finance

Sales in Comtech’s Satellite and Space Communications (S&S) segment were down 5.3% year-over-year in the third quarter of fiscal year 2025, while the company works through a transformation plan to...

Geodesic Capital has raised $250 million for its Geodesic Alliance Fund, a new venture fund focused on advancing the U.S.-Japan alliance. The fund aims to invest in technologies that enhance national...

Global satellite operator SES hired former Aerojet Rocketdyne executive Elisabeth (Lisa) Pataki as its Chief Financial Officer (CFO), the company announced June 6th. She will take over for Sandeep Jalan...

Space transportation company Impulse Space raised a staggering $300 million in a Series C funding round led by Linse Capital. The cash haul ranks as one of the largest venture...

Satellite manufacturer EnduroSat has raised 43 million euros in investment led by Founders Fund, to scale production of its Gen3 satellite platform in the 200-500 kg class. EnduroSat is based...

SatixFy Communications more than doubled revenue in the first quarter of 2025 as the satellite tech company is in the midst of a deal to be acquired by MDA Space....

Another 20 companies have been selected for the CASSINI Business Accelerator program, an initiative of the European Commission (EC) and European Union Agency for the Space Programme (EUSPA). It was...

Canadian spacecraft manufacturer MDA Space has agreed to pay more money to acquire satellite communication chipset developer SatixFy Communications after the latter completed a “go-shop” process for alternative acquisition bids...

U.K.-based Space Forge raised a 22.6 million pound ($30 million) Series A round this week, to further its plans for in-space manufacturing. The NATO Innovation Fund led the round with...

Eutelsat Group reported 300 million euros ($335 million) in revenue in the third quarter of its 2024-25 fiscal year, down 1.9% year-over-year.  Notably, Eutelsat reported a 10% year-over-year increase in...