Finance

Deep-water drilling is often a $10 million a day, mission-critical operation. If a signal drops, and an oil rig engineer can’t track their machinery for more than a few seconds,...

The Westin Vendôme in Paris was packed in mid-September with a completely sold out World Satellite Business Week (WSBW). As the industry is expanding, the show is growing and buzzing...

The Global Satellite Operators Association (GSOA) has appointed ManSat’s CFO Rachel Beattie to be its new treasurer. GSOA announced the appointment Sept. 25. Beattie has been the CFO at ManSat...

Maxar Technologies is reorganizing into two businesses, splitting the company into Maxar Space Infrastructure and Maxar Intelligence. A representative for the company confirmed the move in a statement to Via...

Iridium Communications will hit $1 billion in annual service revenue in 2030, CEO Matt Desch projected during the company’s investor day presentation on Thursday, setting a bold revenue target for...

Kayhan Space raised $7 million in a seed extension round to advance the development of its Pathfinder spaceflight safety platform. Venture capital firms Space Capital and EVE Atlas funded the...

Sidus Space has been granted an additional 180 calendar days, or until March 11, 2024, to regain compliance with The NASDAQ Stock Market, the Space-as-a-Service company announced Thursday. Unlike many...

SWISSto12, the Swiss smallsat company. has gained new financing, the company announced Sept. 13. It has secured a CHF 25 million ($28 million) working capital facility from UBS Switzerland, the...

Intelsat is teaming up with Aalyria as it looks to advance multi-orbit connectivity. Intelsat announced the deal, Sept. 12. The deal aims to advance the development of a new optical...

Chris Emerson, the former Chairman and CEO of Airbus US Space and Defense, was appointed Chairman of antenna manufacturer ALL.SPACE‘s board of directors, the company announced Monday. Emerson currently serves...