Finance

Edge computing startup Armada has raised $40 million in a funding round led by M12, Microsoft‘s venture fund. Armada also announced a separate agreement with Microsoft where its products are...

European venture capital firm Alpine Space Ventures closed its first fund with 170 million euros ($185 million) in capital to target space startups.  The fund is targeting Series A funding...

Italian space logistics company D-Orbit is expanding to the U.S., establishing D-Orbit USA. D-Orbit announced the company on Wednesday, a  joint venture led by CEO Mike Cassidy, along with Mark...

Defense tech private equity firm AE Industrial Partners has closed its third flagship private equity firm with $1.28 billion in capital commitments. AE Industrial Partners announced the fund, Fund III,...

Planet Labs is going through another round of layoffs and will lay off approximately 180 employees, about 17% of its workforce. The company disclosed the layoffs in filings to the...

After years of the satellite industry’s top brass making the case for consolidation, those dreams are finally playing out across the top operators. While Viasat was the first to take...

LiveEO has raised 25 million euros ($27 million) in a Series B funding round led by NordicNinja and DeepTech & Climate Fonds (DTCF). The Berlin-based company said the investment will...

Paris-based space startup Skynopy has raised $3.1 million to simplify operations for satellites in Low-Earth Orbit (LEO). The company, which was founded in October 2023, has a pool of investors,...

Airbus is recording charges of around 0.9 billion euros ($1 billion), on some of its telecommunications, navigation and observation space programs in the first half of 2024, the company announced...

Terran Orbital must raise its share price again to maintain its listing on the New York Stock Exchange. The company said in a news release on Friday that it received...