Finance

Satellite technology company SatixFy Communications and special purpose acquisition company Endurance Acquisition Corp. reduced the equity valuation of SatixFy to $365 million. The SPAC partners announced the change in filings...

Greg Wyler-founded startup E-Space has added to its executive team, hiring Gunjan Murarka as CFO and Dalibor Djuran as chief satellite systems engineer.  Murarka joins E-Space from smallsat manufacturer LeoStella,...

Space companies recognize the need for a diverse workforce and diverse perspectives around the table — yet acknowledge the industry has a way to go on this issue.  “There’s so much...

Eutelsat Communications named a new president and CEO of its Eutelsat America business on Monday. Richard Mortellaro, who previously served as senior vice president of Sales, Marketing and Fixed Satellite...

Swedish company Ovzon is targeting launch of its Ovzon 3 satellite between December 2022 and February 2023, the company said in its second quarter financial report on Aug. 18.   Delayed...

Mynaric has hired former SA Photonics exec Mustafa Veziroglu as president and a member of its management board. Veziroglu will oversee development, qualification, and serial production of Mynaric’s laser communications...

Virgin Orbit reported just $5,000 in revenue for the second quarter of 2022, as the company’s most recent launch on July 5 fell on the first day of the third...

Breeze Holdings, a publicly traded special purpose acquisition company (SPAC), and D-Orbit, the Italian space logistics company, have canceled their planned merger due to a change in the financial markets....

Anuvu announced a deal on Aug. 11 to acquire Signal Mountain, which provides satcom services to the U.S. government. Anuvu said this acquisition will expand its existing government business. Financial...

Rocket Lab grew revenue nearly 400% in the second quarter of 2022 compared to the same time period last year. The company reported record revenue of $55.5 million, representing 36%...