Finance

New Mexico-based startup mPower Technology, Inc., said it has received an investment from Lockheed Martin that will help accelerate the company’s efforts to scale production of its solar modules. The investment by Lockheed […]

Teledyne Technologies Incorporated has an agreement to acquire TransponderTech for its portfolio of connected commercial maritime products. TransponderTech, based in Sweden, is owned by Saab AB.  Teledyne said TransponderTech designs […]

Telesat has named a new CFO with the upcoming retirement of longtime CFO Andrew Browne. Telesat has hired Donald Tremblay, CFO of Quebec-based mining company Champion Iron. His appointment will […]

EchoStar has reached a deal to sell 50 MHz of nationwide spectrum to AT&T for $23 billion, the companies announced Tuesday.  Specifically, AT&T will purchase approximately 30 MHz of nationwide […]

European satellite manufacturer Aerospacelab has raised 94 million euros ($110 million) in a Series B round announced Tuesday to ramp up its satellite manufacturing capabilities.  The round includes a dual-tranche […]

Veteran Ventures Capital (VVC) has closed a $60 million fund for investment in dual-use national security technologies, with space as a key focus. The firm noted that oversubscribed Fund II […]

Sumitomo Corporation of Americas has invested into Ursa Space Systems to help the company serve customers across Asia, particularly in the Japanese market. The firm is the largest subsidiary of […]

Laser terminal manufacturer Mynaric has completed financial restructuring in Germany amid a deal to be acquired by Rocket Lab.  Mynaric announced Tuesday it has completed financial restructuring under the German […]

Voyager Technologies is investing into AI software company Latent AI in a move to bring edge computing to space.  Latent AI offers both enterprise and defense AI solutions. The companies […]

Private equity firm Platinum Equity has moved to acquire in-flight connectivity (IFC) provider Anuvu for an undisclosed sum.  Anuvu provides IFC services to more than 150 airlines and also licenses […]

Spire Global is on a firmer financial foundation after closing the sale of its maritime business, with leadership giving an update on Aug. 14 on an uptick in demand from […]

Sidus Space reported a 36% year-over-year increase in revenue in the second quarter of 2025, which the company said is due to pivoting away from legacy services in favor of […]

EDGX, a new Belgian AI space startup, has raised 2.3 million euros ($2.7 million) in funding. The funding will help accelerate the commercialization of EDGX Sterna, a next generation edge […]

Photo: Pale Blue Mitsubishi Electric has invested in one of the most talked about Japanese space-based start-ups, Pale Blue, a company formed five years ago. Pale Blue is a start-up […]

While BlackSky has lowered its full-year outlook for 2025, citing the “near term volatility” of the U.S. government budget process, CEO Brian O’Toole told investors on Thursday that BlackSky believes […]

MDA Space grew revenue 54% year-over-year in the second quarter of 2025 as the Canadian manufacturer ramps up work for satellite constellation customers. MDA Space reported revenues of $373.3 million […]

Viasat reported stronger than expected year-over-year revenue growth in the first quarter of its 2026 fiscal year, with growth coming from its Defense and Advanced Technologies (DAT) segment.   On the […]

Telesat saw a 30% revenue decline in the second quarter of 2025 with its GEO business, while the operator is working on opportunities for its upcoming LEO constellation, particularly in […]

The past year has marked a scaling up for Eutelsat Group’s OneWeb Low-Earth Orbit (LEO) services, with the French operator saying Tuesday that LEO revenue grew by 84% year-over-year in […]

SES reported stable revenues in the first half of 2025, with standout 17% year-over-year growth in the Government segment in H1. CEO Adel Al Saleh reported rising demand in the […]

An investment firm that holds a 2.6% stake in Viasat is advocating that the company spin-off or IPO its Defense and Advanced Technologies (DAT) business, calling it “undervalued and under-appreciated.”  […]

Revenue in Boeing’s Defense, Space & Security (BDS) business grew by 10% year-over-year in the second quarter of 2025, alongside improvements in operating margin and gains in backlog.  BDS revenue […]

Firefly Aerospace could raise up to $632 million in an initial public offering (IPO). Firefly announced Monday it has launched the roadshow for its proposed IPO and it plans to […]

In the face of tariffs and economic uncertainty, investors remain optimistic for the global space economy’s growth trajectory, with ramp-ups in defense spending and more nations making space capabilities a […]

Spaceflux has secured 5.4 million pounds ($7.31 million) in seed funding as it looks to expand its global telescope network and accelerate development of AI-powered space situational awareness solutions. The […]

A new startup Cascade Space raised $5.9 million in funding to develop a platform for satellite communication system design. The company, formerly known as Heliosphere Network, is looking to solve […]

Iridium Communications posted 8% year-over-year revenue growth in the second quarter of 2025, but trimmed its outlook for service revenue growth for the full year.  Iridium had been projecting revenue […]

Launch startup iRocket plans to go public in a special purpose acquisition company (SPAC) merger with a blank check company backed by former U.S. Commerce Secretary Wilbur Ross.  iRocket announced […]

Space42 has secured export credit agency (ECA)-backed financing to fund the Al Yah 4 and Al Yah 5 satellites.  Space42 announced $695.5 million in financing on Wednesday, arranged by Crédit […]

Lynk Global and blank check company Slam Corp have ended the deal to take Lynk public through a special purpose acquisition company (SPAC) merger. Lynk announced Monday the two parties […]