Finance

PARIS — Leading satellite operators CEOs speaking on a World Satellite Business Week panel on Monday said they are building out multi-orbit networks and partnerships to deal with competition from...

Planet Labs delivered record quarterly revenue of $53.8 million in the second quarter of its 2024 fiscal year, beating guidance on gross margin and Adjusted EBITDA, but cut its full-year...

Speedcast appoints James Feger as the company’s new chief technology officer, to improve its software-defined wide area networking solutions. Feger joins Speedcast from application security and multi-cloud management company F5,...

Microgravity research and manufacturing company Space Tango has hired Sita Sonty as CEO, the company announced Sept. 1. Space Tango works in microgravity applications for hardware, software, materials science, biotech,...

Intuitive Machines has secured a $20 million equity investment, giving the company enough capital that it doesn’t have to use a $50 million line of credit. The space exploration company...

Japanese space robotics startup GITAI raised $15 million in a Series B extension round to expand the company’s business in the U.S. and partially fund a lunar surface tech demonstration....

Spire Global used a reverse stock split on Thursday to raise its trading price over $1. This means that every 8 shares of Spire were merged to 1 share, reducing...

MDA is acquiring SatixFy’s digital payload division in a $40 million acquisition to increase its offerings in the digital satellite communications market, the Canadian manufacturer announced Thursday.  SatixFy is headquartered...

Satellite flight software provider ReOrbit raised $7.4 million in an oversubscribed seed funding round, the Helsinki-based company announced Wednesday. Inventure VC led the round, along with participation from 10xFounders, Icebreaker.vc,...

SatSure, an Earth observation startup based in India and focused on using satellite data for agricultural insurance use cases, raised $15 million in a Series A round. Baring Private Equity...