Finance

Iridium saw its fiscal first quarter 2024 (Q1 2024) revenue total decrease 1% year-over-year, largely due to lower equipment revenue. Iridium reported its Q1 2024 results on April 18, reporting...

Orbex, the U.K. rocket company, received 16.7 million pounds ($20.8 million) in funding from a group of six significant investors in an update to its Series C funding round. Investors...

Earth imagery provider Satellogic has begun the process of relocating the company to the U.S., and recently received a $30 million strategic investment from cryptocurrency company Tether Investments Limited.  Satellogic...

Finnish satellite company Iceye raised $93 million in growth funding, led by Finland’s sovereign wealth fund Solidium. Other investors include Move Capital Fund I, Blackwells Capital, Christo Georgiev, and existing...

Belgium-based satellite manufacturer Aerospacelab acquired AMOS, a company known for opto-mechanical systems used in astronomy and space. Aerospacelab announced the completed acquisition on Monday. Terms of the deal were not...

TechCrunch published a report on Thursday that highlighted how important the success of SpaceX‘s Starlink constellation service is to the company’s long-term financial health. TechCrunch reporter Aria Alamalhodaei obtained SpaceX...

Satellite operator Viasat announced Thursday that it opened its new International Business Headquarters in London following its acquisition of UK-based Inmarsat last year. The Viasat London office will be the...

Blackswan Space has secured $800k in pre-seed funding round. The company, based out of Vilnius, Lithuania, is looking to develop software products for complex space & defense missions. The funding...

Euroconsult and SpaceTec Partners are merging to create a new company, Novaspace. The two companies that have a combined 60 years of experience in covering the space sector will aim...

Bright Ascension has closed a 2.3 million pound ($2.8 million) investment round through a convertible loan from Scottish Enterprise, Capital for Colleagues (C4C) and other investors in the company. The...