Finance

Former Qualcomm CEO and XCOM Labs founder Paul Jacobs is joining Globalstar as CEO, as Globalstar announced Tuesday that CEO David Kagan is retiring. The move is part of a...

With the world facing a series of environmental and climate changes, satellite companies will play a vital role in combating climate change. Satellite startup Amini has the potential to be...

Telesat dropped a huge announcement earlier this month as it finally revealed its Lightspeed constellation is full steam ahead. Telesat has funding in place and switched to MDA from Thales...

SCOUT Space has made an acquisition to strengthen its defense and technical capabilities, acquiring space domain awareness software company Free Space. SCOUT announced the acquisition on Aug. 24. Terms of...

In-space transportation company Momentus executed a reverse stock split on Wednesday, to raise the price of its shares so the company can continue trading on the Nasdaq stock exchange.  Momentus...

Sidus Space is acquiring Exo-Space to expand into the AI sector and improve its solutions for the Earth observation market. Sidus Space is a satellite manufacturing and space services company...

Private equity firm Trive Capital is acquiring Hypergiant Industries to advance its AI solutions for the defense sector. Trive Capital, based in Dallas, announced the acquisition on Tuesday. Terms of...

Commercial space station company Axiom Space raised $350 million in its Series-C round of growth funding from Saudi financier Aljazira Capital and existing investor Boryung, a Korean pharmaceutical manufacturer. Axiom...

Britain’s BAE Systems  on Thursday said it has agreed to a acquire Ball Corp.’s aerospace unit for $5.6 billion and highlighted the business is forecast to generate $2.2 billion in sales this...

Spire Global named Leo Basola as its new chief financial officer. This appointment comes after earlier this year, the company’s CFO Thomas Krywe announced he would step down in September. ...