Finance

HawkEye 360 Says $58M Raise Will Advance RF Sensing and Processing Innovation
HawkEye 360 Inc. said on July 13 that it has raised $58 million in a Series D-1 round of funding from venture capital and private equity firms, including BlackRock, Manhattan Venture Partners, Insight Partners, NightDragon, Strategic Development Fund, Razor’s Edge, Alumni Ventures, and Adage Capital. HawkEye 360 has seven clusters of radio frequency (RF)-sensing satellites on orbit. Each cluster has three satellites. Last...
Finance
Atlas Space Operations Names New CEO, Opens Government Subsidiary 
Ground software as a service company Atlas Space Operations named John Williams as its new CEO, and opened a government-focused subsidiary, Freedom Space Technologies, the company announced this week.  Williams joins Atlas Space Operations from Viasat where he served as vice president of Real-Time Earth, Viasat’s ground station as a service business line, which Atlas...
Finance
Thales Alenia Space Opens Space Business Accelerator 
Thales Alenia Space has a new initiative to support startups with a new industry accelerator called the Space Business Catalyst, announced July 4. There are two locations, based in Toulouse, France, and Turin, Italy, already hosting 10 startups from around the world.  Thales has a history of working with startups and has open collaborations with...
Finance
Thales Alenia Space Opens Space Business Accelerator. Photo: Thales Alenia Space
Fleet Space Appoints Matteo Genna as New CTO
Fleet Space has appointed Matteo Genna as its new CTO, the company announced July 5. Genna has been in the space industry for around 30 years. After gaining his PhD in Physics from University of California, Berkeley, Genna joined SSL (now part of Maxar), where he led teams designing and building high-power Geostationary Orbit (GEO)...
Finance
ITU Waives Rivada Constellation Deadline 
The International Telecommunications Union (ITU) has granted Rivada Space Networks request to waive the requirement to put 10% of its constellation into orbit this year.  The decision came from the ITU’s Radio Regulations Board, Rivada announced Wednesday.  The ITU Radio Regulations Board determined that Rivada can proceed to its second deployment milestone to place 144...
Finance
Rivada Space Networks constellation concept. Photo: Rivada Space Networks
Ramon.Space Raises $26M from Foxconn Subsidiary, Other Investors 
Space computing company Ramon.Space has raised $26 million from Ingrasys, a subsidiary of Foxconn Technology Group, Abu Dhabi-based strategic investment firm Strategic Development Fund, and existing investors Grove Ventures, Deep Insight and UMC Capital.  Ramon.Space announced the new funding on June 28 and said the funding will help it commercialize its computing platform for space...
Finance
Climate Startup Airmo Closes Pre-Seed Funding Round
Airmo, another climate and space-based start-up, has closed a pre-seed funding round of 5.2 million euros ($5.69 million). The company announced the funding round June 27. This pre-seed round will enable Airmo to launch its first out of 12 satellites into orbit as its aims to revolutionize transparency on the greenhouse gases carbon dioxide and...
Finance
3D render of planet Earth viewed from space. Photo: NASA
Traditional Operators Start the Fight Back
Within an impressively short three years, SpaceX has launched more than 4,000 satellites for its Starlink satellite network, blanketing Low-Earth Orbit (LEO) with a constellation that now serves 1.5 million-plus customers worldwide — and counting. This feverish growth is kindling fresh competition among satellite operators, as Starlink eyes markets traditionally held by incumbents. Yet a slew of...
Finance