AST SpaceMobile is working to close strategic investment to fund the buildout of its satellite-to-cell fleet as the company approaches launch of its first commercial satellites.  The company released its third quarter update on Nov. 14. Its first five commercial satellites to provide satellite direct-to-cell service are expected to launch in the first quarter of…

Terran Orbital cut its revenue guidance for 2023 nearly in half as Rivada Space Networks has not made a milestone payment for its constellation deal.  Terran Orbital announced its third quarter results on Tuesday, cutting its revenue guidance for 2023 from $250 million to "in excess" of $130 million. Rivada was expected to make milestone…

Spire Global posted a 34% year-over-year increase in revenue in the third quarter of 2023 and raised the low end of its guidance for the full year. Spire announced its Q3 results on Nov. 8.  Third quarter revenue was a record $27.3 million, which exceeded the top end of Spire’s expectations by $300,000. The company…

BlackSky posted a net income of $675,000 in the third quarter of 2023, marking the first time the company has posted a positive net income.  However, CFO Henry Dubois noted on Wednesday’s call with investors that this was primarily due to accounting treatment of the company’s warrant liability exposure. Discounting warrant gains and losses, BlackSky’s…