Planet increased revenue by 46% year-over-year in its 2023 fiscal year that ended January 31, 2023. The Earth observation (EO) company also announced Wednesday it is acquiring Sinergise, a developer platform for EO data. Full year revenue was a record $191.3 million.  Revenue is exactly in line with what Planet projected when the company first…

Telesat leadership did not have an update on financing for the Lightspeed constellation in its full year financial results, but confirmed the company is optimistic and confident the project will go ahead, answering a gauntlet of questions on the company’s investor call on Wednesday.  Telesat is still in discussions with various parties to cover the…

Isar Aerospace, one of the new launch companies out of Europe, has secured another $165 million in financing, as it gets ready for its first launch later this year. The company announced the successful Series C funding round, March 28. The round is backed by 7-Industries Holding, Bayern Kapital via its Scale Up Fund Bavaria,…

Spire Global could be delisted from the New York Stock Exchange due to the average closing price of the company’s stock. Spire said in a March 24 press release that it received notice from the NYSE that it is not in compliance with a rule relating to share price. Spire said it intends to regain…