Finance

Eutelsat’s total revenue grew by nearly 6% in the first half of its 2024-25 fiscal year with growth in Connectivity, but the operator also took a 535 million euro ($560...

ETL Systems acquired IRT Technologies, a Canadian company specializing in satellite communication products, ETL Systems announced Feb. 14. IRT Technologies has over 14 years of experience in the satellite communications...

K2 Space announced a $110 million Series B funding round to scale up production of its multi-orbit, high-power satellite platform on Feb. 13. The funding round was co-led by Lightspeed...

Blue Origin laid off 10% of its workforce on Thursday as the launcher shifts from R&D into scaling manufacturing for its launch business.  The company is eliminating some positions in...

Iridium reported modest revenue growth of 5% year-over-year in 2024, reaffirming its plan to reach $1 billion in service revenue in 2030. CEO Matt Desch also provided an update on...

Gilat Satellite Networks anticipates strong revenue growth in the coming year, projecting its revenue growth for 2025 between 36% and 49%. Gilat released its full-year 2024 financial results on Feb....

Spire Global has filed a complaint in court against Kpler for not closing on the purchase of Spire’s maritime business.  Spire announced the deal with data and analytics platform Kpler...

Oso Semiconductor closed a $5.2 million seed funding round to fund development of phased array chipsets for satellite communications, 5G, and radar systems, the company announced Feb. 12. Founded in...

Viasat’s Aviation business grew revenue, backlog, and aircraft in service in the third quarter, while company leadership targets a return to growth for its declining Maritime segment in fiscal year...

Urban Sky closed a $30 million Series B investment round to develop and commercialize a suite of products that leverage the stratosphere for military and commercial applications, the company announced...