Finance

Shareholders of NavSight Holdings Inc. approved a special purpose acquisition company (SPAC) merger with Spire Global on Aug. 13. The business combination is set to close on Monday, and the combined...

Smallsat launcher Astra reported its first set of financial results since going public through a special purpose acquisition company (SPAC) merger on July 1.  The company released its second-quarter 2021...

Telesat revenue dipped 10% in the second quarter of 2021 compared to the same time last year, according to the operator’s financial results released Friday. The Canadian satellite operator reported...

South Korean manufacturing and technology company Hanwha has joined OneWeb’s ownership consortium with a $300 million investment for an 8% share in the company. This investment brings OneWeb’s total equity...

The government of Canada has agreed to invest an additional $1.44 billion Canadian dollars in Telesat‘s Lightspeed constellation if the operator meets Canadian capital and operating expenditures requirements tied to...

Stockholders of Stable Road Acquisition Corp the special purpose acquisition company (SPAC) merger with Momentus on Wednesday. Momentus will begin trading on the NASDAQ Global Select Market under the symbol...

Gilat Satellite Networks grew its revenue by nearly half in the second quarter of 2021 compared to last year. The Israeli satellite networking tech company reported $56.9 million in revenues...

Former NASA Acting Administrator Steve Jurczyk has started a new position at space investment firm IBX, where he now serves as its new executive vice president of space operations, the...

Private equity firm Providence Equity Partners is in talks to acquire satellite service provider Marlink. The companies said in a Monday announcement that any transaction would be subject to customary...

SpaceX is in the process of making its first acquisition of a satellite company. According to FCC filings from August 6, SpaceX has reached an agreement to buy satellite Internet...