Focus: Investors
-
Finance
Eutelsat Joins OneWeb Consortium With $550M Investment
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 […]
-
Mobility
Hanwha Systems Plans 2,000-Satellite LEO Constellation for Mobility Applications
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 […]
-
Finance
Smallsat Launcher ABL Space Systems Closes $170M Funding Round
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 […]
-
Finance
Rocket Lab’s Peter Beck Explains SPAC Strategy, Growth Targets, and Plans for Neutron
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 […]
-
Imagery and Sensing
Startup Pixxel Closes $7.3M Seed Round, Plans Hyperspectral Constellation
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 […]
-
Finance
SPACs for Space: Are Startups Ready for the Public Markets?
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), […]
-
Finance
Telesat Reports Full-Year Revenue Decline, Forecasts $356B Addressable Market with Lightspeed
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 […]
-
Opinion
Intelsat’s Restructuring is not a Private Equity Success Story
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 […]
-
Finance
Rocket Lab to Go Public, Unveils Medium-Lift Neutron Rocket
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 […]
-
Finance
Spire to Go Public through SPAC at $1.6B Valuation
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, […]
-
Finance
Stoke Space Raises $9M to Develop Fully Reusable Rocket
Washington state-based launch company, Stoke Space Technologies, has raised $9.1 million in seed investments to develop a completely reusable rocket that the company claims will offer launch services 20 times […]
-
Finance
Maxar Boosts Revenue and Backlog in 2020
Maxar Technologies reported its Fourth Quarter (Q4) and full year 2020 financial results on Wednesday, marking the third quarter of revenue growth in a row. In Q4, Maxar reported $467 […]
-
Finance
SES Revenue Slips 3% in 2020, but Networks Growth on Horizon
SES has seen an overall fall in revenues and profits for 2020, however its Networks business continues to see growth. The satellite operator announced its full year results on Feb. […]
-
Finance
SmartSky Networks Raises $32M in Financing
SmartSky Networks has closed on more than $32 million in equity and debt funding, the company announced Monday. This funding comes as the company prepares to roll out its Air-to-Ground […]
-
Finance
Airbus Defence and Space Order Intake Gain in 2020 a Bright Spot in Tough Year
Airbus released its Full Year (FY) 2020 results on Feb. 18 after a challenging year for the company, reporting 4.3 billion euros ($5.2 billion) in revenue — a 29% revenue […]
-
Finance
BlackSky Looks to Go Public in SPAC Merger
BlackSky Holdings is the latest space startup to go public through a special purpose acquisition company (SPAC) merger, announcing a deal Thursday to go public with a $1.1 billion valuation. […]
-
Finance
Eutelsat Sees Revenue Take Slight Dip in H1, Pushes Back 3 Satellite Launches
Eutelsat Communications saw revenues and profits fall slightly in the six months to the end of December 2020, and pushed back the launch of several satellites in its First Half […]
-
Finance
Iridium Reports Record Revenue in 2020, Initiates Share Buyback
Iridium Communications capped off a year of subscriber growth with a record total revenue in 2020 of $583.4 million, and initiated a $300 million share repurchase program to reward shareholders. The […]
-
Finance
SES Helps Isotropic Systems Secure $40 Million to Accelerate Terminal Development
SES CEO Steve Collar has helped his long-time business partner and former O3b Networks colleague John Finney land $40 million in equity and grant funding for his multi-beam broadband terminal […]
-
Finance
Viasat Pushes ViaSat-3 Satellite Launch to 2022
Viasat has pushed back the launch of its first ViaSat-3 satellite, and does not expect to launch the satellite until early 2022. CEO Rick Baldridge said during the company’s Third […]
-
Finance
SAR Startup Umbra Raises $32 Million
Umbra, Synthetic Aperture Radar (SAR) imagery startup, has raised $32 million in equity financing, the company announced Jan. 30. The financing was led by the family office venture fund of […]
-
Finance
Astra is Latest Space Company To Go Public Through a SPAC
Launch company Astra announced plans to go public on Tuesday through a merger with a special purpose acquisition company (SPAC). Under the deal, a merger with Holicity Inc. would make […]
-
Finance
L3Harris Sees Boost In FY 2020 from Post-Merger Gains
L3Haris Space and Airborne Systems and Communications System segments drove revenue increase for the company in 2020, along with Integrated Mission Systems, while Aviation Systems experienced a decline due to […]
-
Finance
Northrop Grumman Space Systems Sees Biggest Boost in Strong FY 20
The Space Systems segment of Northrop Grumman Corporation led the company in sales increases for both the Fourth Quarter (Q4) of 2020, and for the full year. In Q4, Space […]
-
Finance
Lockheed Martin Space Sales See Double-Digit Boost in Q4
Lockheed Martin’s Space segment continues a streak of increased sales, as the company reported $401 million in net Space sales in Fourth Quarter (Q4) of 2020 — a 14% increase […]
-
Finance
Speedcast Ready to Emerge from Chapter 11 With New CEO
Speedcast gets ready for a new chapter under new CEO Joe Spytek as it prepares to emerge from Chapter 11 bankruptcy. The company announced Monday that the U.S. Bankruptcy Court […]
-
Finance
Intelsat Board Chair David McGlade Accused of Insider Trading in Lawsuit
A class action lawsuit has accused David McGlade, former Intelsat CEO and chairman of its board of directors, along with shareholders BC Partners and Silver Lake, of insider trading around the […]
-
Finance
SoftBank Re-Invests in OneWeb
SoftBank Group has made an investment into the new iteration of OneWeb, the company announced Jan. 15. This marks SoftBank re-investing into OneWeb, after the former majority investor pulled out […]
-
Finance
Raytheon Completes Acquisition of Blue Canyon Technologies
Raytheon Technologies completed its acquisition of Blue Canyon Technologies (BCT), the companies announced Monday. Raytheon initially agreed to acquire BCT in November. BCT now reports into Raytheon Intelligence and Space, […]
-
Finance
Kleos Space Raises Additional $13.8M in Funding
Kleos Space raised an additional $13.8 million (11.7 million euros) in funding, the company revealed last Wednesday. The money was raised from existing and new investors, and the round was […]





























