Finance

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...

Quadsat has raised a further 5 million euros ($5.8 million) from its Series A funding round as it looks to accelerate its electronic warfare capabilities and become a bigger player...

Quantum computing company IonQ has completed its acquisition of Capella Space, a move it said will support building a space-based satellite quantum key distribution (QKD) network.  IonQ said the company...

Spain’s Indra Group has signed a new financing agreement with the European Investment Bank worth 385 million euros ($447 million) to invest in the defense and space sector. The loan...

Firefly Aerospace looks to be the next space company to go public, filing a registration statement for an initial public offering (IPO) on July 11. The company hasn’t yet announced how...

The FCC approved SES’s acquisition of Intelsat on Friday, determining that the combination will create “a more vigorous satellite competitor.” With this approval, the deal is set to close this...

Varda Space Industries raised a $187 million Series C round to scale the company’s work to build in-space pharmaceutical labs and hypersonic reentry test capabilities.  Varda has completed three launch...