Finance

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...

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...

The U.S. Department of Justice is investigating SpaceX over whether the company discriminates against non-U.S. citizens in its hiring practices and said Elon Musk’s company is stonewalling a subpoena for information, court documents...

Mobile satellite operator Inmarsat and and wireless and broadband technology provider Addvalue have entered into a collaborative partnership with Analytical Space (ASI) to support its rollout of a Low-Earth Orbit...

Swedish Space Corporation (SSC) is looking to broaden its business in Asia. The company announced Thursday that it had formed a new subsidiary, SSC Space Thailand, targeted at the Asian-Pacific...

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...

The SiriusXM satellite built by Maxar Technologies that launched in January is under evaluation after certain payload units have failed, the company reported in a Wednesday filing to the Securities...

Momentus‘ founding CEO Mikhail Kokorich has resigned amid the company’s efforts to go public, due to regulatory concerns with his status as a Russian citizen. The company announced Jan. 25...

Despite The Boeing Company‘s COVID-19 and 737 MAX aircraft-related woes, it’s Defense, Space & Security division posted a 2020 Fourth Quarter (Q4) revenue increase of 14% year-over-year. The division brought...

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...