Finance

South Korean defense company Hanwha Systems Co. (HSC) has received U.S. regulatory approval for its $30 million investment into Kymeta Corp., allowing the companies to move forward to close the...

SpaceChain and Eurasian Space Ventures (ESV) have extended their collaboration and will look to develop joint projects in the field of space and blockchain technologies. The two companies announced a...

In-Flight Connectivity (IFC) and mobility service provider Global Eagle has rebranded post-bankruptcy as Anuvu, the company announced May 25. The company filed for bankruptcy in July 2020, and exited the process...

Viasat reported stable revenue of $2.3 billion for its 2021 fiscal year, and remains on track to launch the first ViaSat-3 satellite in early calendar year 2022.  The satellite operator...

Ksenia Drozdova has been appointed director general of the Intersputnik International Organization of Space Communications (IOSC), the company announced May 24. She had previously been the deputy director general for...

African nations and space companies are working to pursue a collaborative continental space agenda, and to encourage the competitiveness of regional space capabilities, African space leaders said Thursday during SATELLITE...

The executive leaders of Asia’s regional satellite operators share a common strategy for long-term profitability in an increasingly unpredictable environment — expand the scope of their businesses beyond just satellites....

The pandemic’s effect on the mobility market affected Telesat’s first quarter results as it moves forward with plans for its Lightspeed constellation.  On Friday, Telesat reported $190 million Canadian dollars...

Momentus has received a draft National Security Agreement (NSA) from the U.S. government that is a step toward approvals the company needs to go public in the U.S.  The company...

Mynaric has appointed industry veteran Tim Deaver as its new vice president of Strategic Solutions. The company announced the appointment May 14. Deaver had previously been director of National Security...