Eutelsat has joined the OneWeb investment consortium with a $550 million investment. This brings funding for the new iteration of OneWeb to $1.9 billion — 80% of what is needed to...
Hanwha Systems, a South Korean defense company, plans to build a 2,000-satellite constellation in Low-Earth Orbit (LEO) to serve mobility applications. In a May 30 press conference first reported by...
Smallsat launcher ABL Space Systems has closed its Series B funding round of $170 million led by funds and accounts advised by T. Rowe Price Associates, Inc. Existing ABL investors...
New Zealand-based smallsat launcher Rocket Lab made headlines earlier this month when it announced plans to go public through a special purpose acquisition corporation (SPAC) and set a $4.1 billion...
Space startup Pixxel has closed a $7.3M seed funding round and announced plans on Wednesday to build a constellation of hyperspectral small satellites. Omnivore VC and Techstars participated in...
A spree of space startups — Rocket Lab, Spire Global, BlackSky, Momentus, Astra, and AST SpaceMobile — have recently announced plans to go public through Special Purpose Acquisition Companies (SPACs),...
Telesat reported its 2020 financial results on Thursday, with a 10% decline in revenue compared to the prior year, and forecasted a $356 billion total addressable market (TAM) for its...
Since Intelsat’s bankruptcy filing in May 2020, the company has portrayed its bankruptcy and restructuring as a triumphant march to continued and greater success, with an “Intelsat Onward” website and...
Launcher Rocket Lab plans to go public through a special purpose acquisition company (SPAC) to finance development of reusable launch vehicle with an 8-ton payload capacity, called Neutron. Rocket Lab...
Spire Global announced plans to go public through a special purpose acquisition company (SPAC) on Monday — a two-for-one space SPAC day as launcher Rocket Lab debuted plans as well. Spire,...