Iridium Communications reported financial results for the first quarter of 2019 and affirmed its full-year 2019 outlook. The company reported a Q1 total revenue of $133.7 million, which consisted of $107 million of service revenue and $26.7 million of revenue related to equipment sales and engineering and support projects. Total revenue increased 12 percent from the…

The roundtable outlined trends that are driving investments in the satellite industry, and shared important anecdotes and lessons learned from engagements with space entrepreneurs. Collett: The worse the pain

Slingshot Aerospace, an analytics company, raised $5 million in new seed funding. The round was led by ATX Venture Partners with participation from new investor Revolution’s Rise of the Rest Seed Fund. The Rise of the Rest Seed Fund is part of Revolution, the Washington DC-based investment firm founded by former AOL Co-founder Steve Case…

Elon Musk’s Space Exploration Technologies Corp. is raising another $500 million in funding amid internal questions about the viability of an internet-via-satellite business considered key to the company’s growth. The fundraising, outlined in a regulatory filing last week, comes four months after a similarly sized deal for the closely held company, which is trying to…