Finance

Satellogic Inc. signed a multiple launch agreement with SpaceX to reserve launch capacity for its next 68 satellites. This follows a launch agreement with SpaceX covering 2022 launches. Financial terms of the deal were not disclosed.  Satellogic currently operates 22 high-resolution satellites, including five delivered to orbit on SpaceX’s Transporter-4 mission in April. The Earth...

Northern Sky Research has been acquired by technology, media, and telecom consulting firm Analysys Mason, the companies announced on Tuesday. Financial terms of the deal were not disclosed.  Analysys Mason is based in London with offices around the world. The company consults on  strategy, transaction support, transformation, regulation and policy. It covers a range of...

Raytheon Technologies on Thursday said its Missiles and Defense segment has invested in Firehawk Aerospace, a startup developing and manufacturing lower cost, high-performance hybrid rocket engines. The size of the Series A investment wasn’t disclosed. Raytheon said the investment means the two companies will collaborate on research and development efforts that could result in integrating Firehawk’s...

L3Harris Technologies reported a 10% decline in revenue during the first quarter of 2022 compared to the first quarter of 2021, although its Space business saw a $60 million revenue increase, reflecting growth in responsive satellite programs.  Overall, L3Harris Technologies reported $4.1 billion in Q1 revenue. Each segment — Integrated Mission Systems, Space and Airborne...

Space-based cellular broadband company AST SpaceMobile hired finance and telecom banking veteran Sean Wallace as its new executive vice president and CFO. Wallace previously served as CFO for global internet service provider Cogent Communications. He will start his new job at AST SpaceMobile on May 10, replacing AST’s former financial lead executive Tom Severson, who...

Northrop Grumman’s Space Segment increased sales by 13% in the first quarter of 2021, partially offsetting an overall dip in sales during the quarter. Northrop Grumman reported its first quarter results on April 28.  The Space Systems segment reported $2.9 billion in sales in Q1 of 2022, a 13% increase compared to the same quarter...

The Defense, Space & Security segment of The Boeing Company took a hit in the first quarter of 2022, reporting a 24% dip in revenue compared to the same quarter in 2021. Defense, Space & Security revenue was $5.5 billion in the first quarter, compared to $7.2 billion in the first quarter of 2021. Boeing...

Satellite Executive of the Year winner and Mynaric CCO Tina Ghataore talks with Via Satellite about commercializing the company’s laser communication terminals while building an inclusive, “get it done” team culture. Tina Ghataore, Mynaric’s chief commercial officer and president of the company’s U.S. division, won the 2021 Satellite Executive of the Year award on the...

A group of space companies have raised nearly $1 million to support humanitarian aid in Ukraine, forming the Space Industry for Ukraine (SIFU) group. HawkEye 360 CEO John Serafini said in a Tuesday announcement that he visited the Poland-Ukraine border last month and wanted the space community to play a humanitarian role in addition to...

Capella Space raised $97 million in its Series C financing round, the synthetic aperture radar (SAR) company announced on Monday. NightDragon led the round, with significant participation from existing investors DCVC and Cota Capital. This brings Capella’s total amount of funding raised to $179 million, according to Crunchbase.  Capella operates a constellation of seven SAR...