Finance

BeetleSat, formerly NSLComm, recently named Patricio Northland as its new CEO. Northland has more than 20 years of experience in the satellite and telecommunications industries and previously was CEO of […]

Gilat Satellite Networks has signed a definitive agreement to acquire DataPath to boost its presence in the U.S. defense market, the satellite ground tech company announced March 9. Gilat said […]

Spire Global grew revenue 85% in 2022 over the prior year, reporting $80.3 million in revenue in 2022. This was within updated guidance Spire provided in November.  The company said […]

Samer Halawi is a well known figure within the satellite industry. He is held many big roles from the CEO of Thuraya, to the CCO of both Intelsat and OneWeb. […]

BlackSky Technologies nearly doubled its revenue in 2022 compared to 2021, reporting its full year financial results on Tuesday. The Earth observation company logged $65.4 million in revenue in 2022, […]

Sidus Space has appointed Eric Gillenwater as chief commercial officer, the company announced Thursday. Most recently, Gillenwater served as vice president and business head of Global Carrier & Enterprise for […]

Globalstar’s revenue increased 19% in 2022 compared to 2021, and the operator said transformation over the past year sets Globalstar up for success moving forward.  Globalstar announced a deal in […]

Rocket Lab more than tripled its revenue in 2022, propelled by growth in its Space Systems business. The launcher and spacecraft manufacturer released 2022 financials on Feb. 28, reporting $211 […]

Katrin Bacic is the new CEO of ambitious European startup UNIO. The company announced the appointment, March 1. UNIO’s goal is to build a commercial satellite constellation for high-speed, high-performance […]

SES saw an increase in its overall revenues in 2022 but a sharp fall in its net profits. These were two of the highlights of its full year results for […]

Astroscale raised $76 million in its Series G round, with funding from new investors Mitsubishi Electric, Yusaku Maezawa, Mitsubishi UFJ Bank, Mitsubishi Corporation, Development Bank of Japan, and FEL Corporation.  […]

Hughes Network Systems grew revenue by $10 million 2022 compared to 2021, despite a 16% drop in subscribers as the satellite operator faces competition from SpaceX’s Starlink business. Parent company EchoStar […]

LeoLabs executive Matthew Shouppe joined spaceflight safety company Kayhan Space as chief commercial officer, the company announced Thursday.  Shouppe has more than 13 years of industry experience in sales and […]

Momentus settled a class action lawsuit against certain of its current and former directors and former officers, the company announced Thursday.  Momentus and the lead plaintiff reached an agreement in […]

Commercial space station company Vast is acquiring Launcher for its space tug and hosted payload products. Vast announced the acquisition on Tuesday, terms of the deal were not disclosed.  Vast […]

Revenue at Eutelsat Communications dipped 6% in the first half of fiscal year 2022-23, the operator reported Feb. 17, due to a decline in broadcast revenue. Eutelsat reported total revenues […]

Thaicom saw a fall in its net profits and overall revenues in 2022. The company reported its financial results the week of Feb. 15. In 2022, the company had a […]

Iridium Communications reported another year of record revenue in 2022, growing revenue 17% compared to 2021. The company reported full year 2022 revenue of $721 million in its financial results […]

Intuitive Machines began trading on the Nasdaq on Tuesday after using a special purpose acquisition company merger (SPAC) to go public. Intuitive Machines is a space infrastructure company to supply […]

Mangata Networks is establishing Singapore as the location for its Maritime Global Headquarters (MGHQ). The company announced the move, Feb. 15. It has gained support from the Office for Space […]

Aerospace and defense engineering firm Boecore has acquired space software company Orbit Logic. Boecore said this acquisition will strengthen its software development and specialized mission operations capabilities and bring new […]

HAPS company Avealto recently launched a trademark dispute against Airbus for renaming its HAPS venture Aalto HAPS Ltd, which it argues is too similar to its own name.  The two […]

MDA has won a new contract with one of Latin America’s biggest satellite operators. It will design, build and supply all of the Ka-band multibeam antennas for the ARSAT-SG1 satellite, […]

Viasat’s long-awaited Viasat-3 satellite is set to launch the week of April 8, the operator announced Tuesday. The satellite has completed construction and testing after what Visat described as a […]

Viavi Solutions is bringing a new solution to market which it says will deliver critical security for Positional, Navigation and Timing (PNT) to communications service providers, network equipment manufacturers, government […]

Seraphim Space’s latest quarterly Space Index report, released Monday, said that 2022 could be considered the best year for seed stage investments in space startups. Seed financing deals were up […]

Intelsat has appointed Gaurav Kharod as the new regional vice president for its Asia Pacific (APAC) region. He will take over from Terry Bleakley, who previously led the APAC team. […]

Amazon’s Kuiper satellite constellation is part of a company strategy to invest in the long-term future of Amazon, CEO Andy Jassy outlined on Thursday in his first investor call as […]

Tiphaine Louradour is taking the helm at rideshare provider Spaceflight as the company’s new CEO. Spaceflight announced the news on Thursday, after Louradour announced her departure from ILS International Launch […]

Orbital Sidekick announced a $10 million investment on Tuesday to support growing its hyperspectral satellite constellation and commercializing its asset monitoring solution for the energy sector.  Existing investor Energy Innovation […]