Finance

HawkEye 360 has secured $40 million in debt financing from Silicon Valley Bank (SVB), the satellite data company announced Tuesday. HawkEye said it plans to use the funds to improve...

Terran Orbital grew revenue in 2023 by 44% compared to 2022, but the company posted a net loss larger than its revenue. Terran Orbital issued its full year results on...

Planet Labs increased revenue by 15% year-over-year in fiscal year 2024 to $220.7 million. The satellite imagery and analytics company reported financials for the 2024 fiscal year that ended Jan....

Telesat is seeing a decline in revenue in its Geostationary Orbit (GEO) business in broadcasting with the increase in cord-cutting, and enterprise competition from SpaceX’s Starlink constellation. Yet Telesat is...

Boeing President and CEO Dave Calhoun said on Monday that he will step down at the end of 2024, initiating a leadership transition as the aerospace and defense giant continues...

The founders of Astra Space are taking the company private to avoid bankruptcy, less than three years after going public during the SPAC boom of 2021. Astra announced March 7...

Slingshot Aerospace is coming to the United Kingdom and establishing a U.K. base to help win business with international government and commercial customers. Melissa Quinn will be the general manager...

Spire Global had a strong 2023 full year financial performance, achieving positive cash flow from operations in the fourth quarter, and full year revenue growth of 32% compared to 2022....

Thales Alenia Space reported a dip in demand for commercial telecommunication satellite orders in 2023, and is shifting part of its workforce to respond to the change. Thales announced the...

Lockheed Martin made an offer to acquire Terran Orbital on Friday, and Terran Orbital responded by adopting a limited duration stockholder rights plan, which is also known as a “poison...