Finance

OneWeb has appointed Per Borgklint as its new chief commercial officer, the company announced April 6. Borgklint has an extensive background in the telecoms arena and has held key positions...

Voyager Space Holdings has completed its acquisition of The Launch Company, it announced April 2. The acquisition was first announced in November 2020. The Launch Company develops standardized hardware and...

Former NASA Administrator Jim Bridenstine has joined Viasat’s board of directors. The satellite operator announced Thursday that Bridenstine will serve as a Class II director. Viasat’s board now consists of...

The impact of COVID-19 on Intelsat‘s business became much clearer in the operator’s 2020 end-of-year financial results, in which it reported $912 million in full year losses and a drop...

Hiber, the European satellite and communications start-up, secured 26 million euros ($30.62 million) in funding to ramp up its plans for a satellite-based Internet of Things (IoT) service. The European...

Smallsat launcher ABL Space Systems has closed its Series B funding round of $170 million led by funds and accounts advised by T. Rowe Price Associates, Inc. Existing ABL investors...

Inmarsat continues to reshape its management team under the leadership of new CEO Rajeev Suri after the surprise departure of Rupert Pearce in February. The company has tapped ex-Nokia Chief...

Redwire has officially added its name to the list of space companies going public through a special-purpose acquisition corporation (SPAC). The space infrastructure conglomerate, which includes recently acquired entities such...

Avanti Communications has appointed Vikas Grover as its new chief technology officer, the company announced Tuesday. Grover was previously the founding chief information officer at OneWeb, where he led global...

New Zealand-based smallsat launcher Rocket Lab made headlines earlier this month when it announced plans to go public through a special purpose acquisition corporation (SPAC) and set a $4.1 billion...