Finance

SatLease Capital (SLC) is a new company in the satellite arena introducing a financing option for smaller and mid-sized service providers faced with the capital intensive demands of the industry...

Israeli satellite IoT company hiSky has completed a $30 million Series A financing round, led by ST Engineering’s venture capital arm. hiSky announced the round on Wednesday, led by ST Engineering...

Weather forecasting company Tomorrow.io is going public through a special purpose acquisition company (SPAC) merger that will fund its plans for a satellite constellation.  Tomorrow.io announced Tuesday that it will combine...

Planet is set to go public this week after its special purpose acquisition company merger (SPAC) has been approved. Shareholders of SPAC dMY Technology Group, Inc. IV approved the business...

Intelsat announced in filings to the Securities and Exchange Commission (SEC) on Thursday that COO Samer Halawi is leaving the company at the end of the year. This comes a...

Spire Global has completed its acquisition of exactEarth, it’s first acquisition since going public. ExactEarth provides satellite-AIS data services, which is used to track ships. Spire Global also provides satellite-AIS...

Lockheed Martin on Tuesday named Robert Lightfoot as the next head of its $11 billion Space segment, succeeding Rick Ambrose, who will retire March 1, 2022. Lightfoot, currently vice president of...

Anuvu, formerly known as Global Eagle, has secured a commitment for $50 million of growth capital to support its constellation plans. The company announced Tuesday that Apollo Capital Management LP,...

Astroscale has achieved a significant financing milestone, completing the largest funding round in its history. The company announced Nov. 25 that it has closed its Series F round with additional...

Comtech Telecommunications is in a public dispute with shareholder Outerbridge Capital Management ahead of its upcoming fiscal 2021 annual meeting of stockholders this month. On Monday, Comtech issued a presentation...