Finance

Lockheed Martin’s Space segment had a strong 2023, leading the company in growth with a 9% sales increase year-over-year. Strategic and missile defense programs and national security space programs led...

Comtech Telecommunications received a $45 million investment from current shareholders White Hat Capital Partners and funds affiliated with investment manager Magnetar, the company announced Monday. Comtech said this investment gives...

AT&T, Google, and Vodafone have made a strategic investment in AST SpaceMobile to support the commercial roll-out of AST SpaceMobile’s network. Both AT&T and Google are new investors for the...

Yahsat and AI geospatial solutions provider Bayanat announced a large piece of consolidation at the end of the year with plans to combine into a brand new AI-powered space technology...

Italian space logistics company D-Orbit raised $100 million euros ($110 million) in a Series C funding round announced Thursday. Japanese industrial conglomerate Marubeni Corporation led the round, solidifying a commercial...

EchoStar Corporation transferred some of Dish Network’s spectrum licenses to a newly formed subsidiary, the company said in a Jan. 10 announcement.  According to EchoStar, Dish Network has transferred certain...

Space Norway has completed its acquisition of Telenor Satellite following approval by the Norwegian parliament. The completion of the deal was announced, Jan. 4. The purchase by Space Norway gives Telenor...

EchoStar Corporation completed its acquisition of Dish Network to close out 2023 on Dec. 31. The deal, first announced in August, combines Dish Network’s satellite technology, streaming services, and nationwide...

Terran Orbital has started the year by announcing two significant financial updates regarding its cash balance as well as an update on its contract with Rivada Space Networks. The company...

Japanese satellite company Axelspace raised $44 million in a Series D funding round, the company announced Dec. 20. Axelspace, based in Tokyo, has an Earth observation (EO) business and manufactures...