Finance

Maxar Technologies on Thursday said it acquired Wovenware, which specializes in artificial intelligence and software developing, and will make the Puerto Rico-based company one of its software development and AI/machine learning...

Hughes Network Systems broadband business continues to shed subscribers, as the company is constrained on satellite capacity awaiting the launch of the Jupiter-3 satellite. Hughes parent company EchoStar Corporation released...

Startup SpaceLink, which was working to offer in-space data relay services, is winding down operations as parent company Electro Optic Systems (EOS) is reorganizing and will no longer fund the...

Satellite designer and manufacturer Terran Orbital Corp. on Monday said it has received a $100 million investment from Lockheed Martin to allow the company to accelerate and expand its manufacturing capabilities. Lockheed Martin...

Revenue was nearly flat for L3Harris Space & Airborne Systems segment in the third quarter of 2022, while its Communication Systems segment saw a modest increase in revenue of 4%...

Airbus posted a 27% revenue increase in the third quarter of 2022, driven by higher commercial aircraft deliveries. Total revenue in Q3 was $13.3 billion.  Airbus reported results on Friday,...

SatixFy Communications is now a publicly traded company after completing its special purpose acquisition company (SPAC) merger with Endurance Acquisition Corp. The satellite technology company began trading on Friday on...

Space continues to be the fast-growing segment for Northrop Grumman, and the company expects growth to continue. In Northrop Grumman’s third quarter results posted on Thursday, the Space segment reported...

Boeing’s Defense, Space, and Security segment saw a 20% decline in the third quarter of 2022 compared to the same time period of 2021 due to losses on military aircraft...

Norway’s Kongsberg Defence & Aerospace finalized its acquisition of NanoAvionics and announced R&D investment in the company on Tuesday, including a focus on defense-grade reliability for its satellite buses.  The...