Finance

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...

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...

Steve Collar has been the face of SES and O3b for just over a decade. However, in mid-June, Collar announced he was stepping down from the role as SES’s CEO...

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...

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...

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...

UNIO Enterprise is an exciting new player in the European satellite sector as it looks to make a splash in the mobility sector, particularly in the automotive arena. A joint...

A judge has sided with SES in an ongoing dispute over $421 million of Intelsat’s C-band proceeds, ruling that the previous bankruptcy court erred in siding with Intelsat. The June...

Revenue from satellite broadband services grew 18% in 2022, according to the Satellite Industry Association’s (SIA) 2022 “State of the Satellite Industry Report” by BryceTech. The annual report examines the...

AsiaSat has made a significant acquisition in the media arena. It has fully acquired Lightning International Limited, a content distribution and media solutions company based in the U.K. and Hong...