January 30, 2025
 

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In This Issue: Trump Signs Order for Massive ‘Iron Dome’ Missile Defense Project | Planet's Largest Contract to Date: $230M Deal | SES Secures Financing for 3 mPOWER Satellites | Lockheed Martin Sales Dip, CEO Taiclet Sees Opportunity With DOGE | York Strengthens Satellite Portfolio With Larger, M-CLASS Platform 
TOP STORY

Trump Signs Order for Massive ‘Iron Dome’ Missile Defense Project With Space-Based Interceptors
President Trump has signed an executive order for the Pentagon to move out on developing an “Iron Dome for America,” a massive, likely multi-billion dollar……[continued]
Imagery and Sensing
Planet's Largest Contract to Date: $230M Deal for Pelican Satellites
Planet Labs announced a multi-year, $230 million agreement with an unnamed Asia-Pacific commercial partner to build and deliver a constellation of new Pelican high-resolution satellites.……[continued]
Finance
SES Secures Financing from European Investment Bank for 3 mPOWER Satellites
SES has secured a 125 million euro ($130 million) loan agreement with the European Investment Bank’s global arm, EIB Global to fund three satellites in……[continued]
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Finance
Lockheed Martin Space Sales Dip in ‘24, CEO Taiclet Sees Opportunity With DOGE
Lockheed Martin reported a slight dip in sales in its Space segment in 2024, with lower sales on national security space programs. Company-wide, Lockheed Martin……[continued]
Government/Military
York Space Systems Strengthens Satellite Portfolio With Larger, M-CLASS Platform
York Space Systems (York) expanded its satellite platform portfolio, adding the M-CLASS, which is now its largest platform. The company announced the M-CLASS on Jan.……[continued]
Finance
ICYMI: Boeing Logs $1.7B in Charges in Defense and Space in Q4
Boeing took $1.7 billion in charges in its Defense, Space & Security (BDS) segment in the fourth quarter of 2024 between multiple military aircraft programs……[continued]
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