Finance

Terran Orbital’s stock is at risk of being delisted if the company cannot raise its average share price over $1.  The New York Stock Exchange sent the satellite manufacturer official...

Arabsat has signed an MoU with Microsoft as it looks to play a key role in the acceleration of digital transformation and the development of its services. The two companies...

Arlula, an Australian start-up company, is to gain further funding from Lockheed Martin Ventures, a subsidiary of Lockheed Martin. Arlula announced the new investment, Oct. 19. It is the second...

Capella Space appointed Frank Backes as its new CEO, the company announced Tuesday. Payam Banazadeh, who founded the company and has led it since 2016, will serve as board director....

Lockheed Martin’s Space segment delivered a strong 8% revenue increase in the third quarter of 2023, led by higher sales on strategic and missile defense programs.  Lockheed Martin released its...

ST Engineering iDirect appointed two new leaders to its executive team, naming Sridhar Kuppanna its new senior vice president of Engineering and Cynthia Harty as senior vice president of Corporate...

SES hired from outside of the satellite industry with its new CEO. The company announced Oct. 13 that T-Systems International executive Adel Al-Saleh will become its new CEO in February...

Stellant Systems is acquiring Comtech’s Power Systems Technology (PST) product line for $40 million, the companies announced Friday. Stellant is acquiring the PST product line to strengthen its portfolio of...

Ligado Networks filed a lawsuit against the U.S. government, claiming the government unlawfully took the company’s licensed spectrum without compensation. Ligado announced the lawsuit on Oct. 12. It was filed...

German startup OroraTech has appointed Martin Langer as its new CEO. The company announced the appointment Oct. 11. OroraTech strives to continue breaking the barriers of Earth Observation (EO) by...