Finance

L3Harris grew revenue by 14% in 2023 compared to 2022, primarily due to acquiring Aerojet Rocketdyne and Viasat’s Tactical Data Links business. L3Harris reported $19.4 billion in revenue in 2023,...

Northrop Grumman’s Space segment delivered another year of growth in 2023, posting 14% year-over-year growth. Space Systems was the largest and fastest-growing segment in the company in 2023, with $13.9...

The European space sector has been boosted by the news of a key financial collaboration by some of the key stakeholders in Europe. The European Commission, the European Investment Bank...

Aldoria has secured a further 10 million euros ($10.87 million) in funding after closing a series A funding round. The space situational awareness (SSA) company has now raised 22 million...

Albedo raised a $35 million Series A-1 financing round announced on Tuesday, to launch the company’s first operational satellite to collect ultra-high resolution imagery. These funds bring Albedo’s total funding...

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...