Finance

Smallsat launcher in development Firefly Aerospace has closed an oversubscribed $75 million Series A funding round, which values the company at more than $1 billion. The funding round, announced May...

Last week, Eutelsat made the news with a deal to acquire around a 24% stake in OneWeb, in a deal worth over $500 million. The investment is an example of...

Maxar Technologies saw a slight boost in first quarter revenue in 2021 compared to 2020, but posted a net loss of $84 million, including a $28 million charge related to...

Viasat has completed its acquisition of RigNet, making Viasat a vertically-integrated player in the energy sector. The deal was first announced in late December 2020, and was an all-stock transaction...

Airbus Defence and Space‘s net order intake jumped 13% year-over-year in its 2021 fiscal first quarter to 1.926 billion euros ($2.32 billion), driven by contract wins in space systems and...

Chris Johnson, president of Boeing Satellite Systems International, is moving to Maxar Technologies, to lead the company’s Space Programs Delivery (SPD) division. Maxar announced April 29 that it has appointed...

L3Harris Technologies Communication Systems division continues to benefit from U.S. Department of Defense orders to modernize its tactical communications capabilities. The increase in military business drove a 2.9% year-over-year increase in...

Hispasat has made a significant move in the Latin America media market, one of its key target territories. The company announced April 29 that it has struck a deal to...

Northrop Grumman’s Space segment saw sales increase 29% in the first quarter of 2021, the company reported Thursday. Sales were $2.5 billion in Q1 of 2021, up from $1.9 billion...

Eutelsat’s over $500 million investment for a 24% stake in OneWeb, announced Tuesday, marks one of the major Geostationary Orbit (GEO) operators making a substantial move in Low-Earth Orbit (LEO)....