Finance

The failed debut launch of Virgin Orbit from British soil in January of last year was a bitter start to the U.K.’s spaceflight ambitions. It was also the beginning of...

Eutelsat Group is seeing encouraging signs in its mobility business, but video revenues continue to decline. These are two of the highlights of the operator’s latest results, announced Feb. 16....

Iridium Communications continued its multi-year growth streak in 2023, reporting record revenue for the year of $790.7 million, up 10% from the year-ago period. The satellite operator reported full year...

BAE Systems in the coming days will close its $5.6 billion acquisition of Ball Aerospace after receiving all required regulatory approvals, the company said on Wednesday morning. Ball Aerospace will operate...

Direct-to-device satellite connectivity company Skylo Technologies has raised $37 million in funding, co-led by Intel Capital and Innovation Endeavors. New investors BMW i Ventures, Next47, Samsung Catalyst Fund, and Seraphim...

LeoLabs secured an additional $29 million in funding for its catalog of Low-Earth Orbit objects (LEO). The company said this latest financing will enable LeoLabs to scale up its insight...

Intelsat has made an investment into Israel-based satellite technology firm hiSky, along with a strategic collaboration agreement. hiSky announced the investment on Feb. 5. Along with the investment, Intelsat CTO...

Viasat plans to initiate service soon with the first ViaSat-3 satellite, which has just a fraction of its planned capacity due to an issue with an antenna on board. The...

Satellite network management startup Quindar raised an additional $6 million in seed extension rounds from FUSE with the continued investment from Y-Combinator and Funders Club, the company announced in late...

Satellite-to-cell company Lynk Global officially plans to go public through a special purpose acquisition company (SPAC) merger with a blank check company led by baseball star and entrepreneur Alex ‘A-Rod’...