Finance

Momentus has cut its valuation in half as it has gone through challenges with its special purpose acquisition company (SPAC) merger. The in-space transportation company announced June 29 that it...

Bharti Global will invest $500 million more into OneWeb, fully funding the Low-Earth Orbit (LEO) constellation company and making Bharti Global the company’s largest shareholder.  In the deal announced June...

Christopher Kubasik has taken the helm of L3Harris as CEO, succeeding William Brown. This leadership transition was planned and first announced with the merger of L3 Technologies and Harris Corp....

The past year-and-a-half must have felt like an out-of-body experience for the satellite industry. After nearly two decades of rapid technology innovation and broadening access to space, the COVID-19 pandemic...

The space and satellite industry is at an exciting inflection point, as startups prove their business plans and industry standard-bearers invest in next-generation technology. Via Satellite’s third annual crop of...

Fredrik Gustavsson is the new Chief Strategy Officer of Inmarsat. The company announced his appointment June 28.  Gustavsson is Inmarsat’s third executive-level appointment in three months and follows a wide-ranging...

Iridium has won a new $30 million contract from the United States Army, the company announced June 24. It will develop a payload to be hosted on small satellites that...

The smallsat launch market is set to get a bump in launch capacity as new launch providers come to market over the next year. Astra is one of those companies,...

Iceye is planning a business expansion in Japan, and has hired Makoto Higashi as general manager of the company’s business operations in the country. The company announced Wednesday that it...

OneWeb has appointed David Thorn as its new regional director of Enterprise Sales in the Asia-Pacific (APAC) region. The company announced the appointment June 21. Thorn has an extensive background...