Japanese Ground Segment as a Service (GSaaS) company Infostellar has raised 700 million yen ($6.16 million), in a Series B funding round. This brings total funding to 1.9 billion yen ($17 million). Infostellar said in a Oct. 21 announcement that the Series B round is still open and will close later this year.  Investors SPARX…

Iridium Communications raised its 2021 full-year financial projections after reporting 9% service revenue growth and an 18% year-over-year increase in total billable subscribers during its 2021 third fiscal quarter (Q3). The Mclean, Virginia-based satellite constellation operator said in its Q3 report that it now expects its total service revenue growth to fall between 5% and…

Comtech Telecommunications is receiving a $100 million capital injection that the company said will accelerate growth in its satellite technology, 911 business, and M&A strategy.  The company announced Monday that current shareholder White Hat Capital Partners LP and Magnetar Capital are investing $100 million into the company. The firms have agreed to initially purchase $100…

Climate-focused satellite constellation startup Muon Space has raised a $10 million seed funding round, led by Costanoa Ventures. In addition, Space Capital, Congruent VC, Ubiquity Ventures, South Park Commons, and Climactic VC also participated in the funding round announced Wednesday.  Muon Space plans to build what it calls the Earth’s first scientific, software-defined remote sensing…