Finance

Telesat Canada is combining with major shareholder Loral Space & Communications to form one public company to finance its Low-Earth Orbit (LEO) constellation.  Telesat Canada and its co-owners Loral Space...

Relativity Space has closed a $500 million Series D round, the company announced Monday. This capital will accelerate Relativity’s long-term plans for a multi-planetary future beyond the first launch of...

OneWeb has emerged from Chapter 11 bankruptcy protection under the ownership of the U.K. government and Bharti Global, the company announced Friday, Nov. 20. This marks the start of OneWeb’s...

Voyager Space Holdings announced Thursday that it plans to acquire The Launch Company, which develops standardized hardware and works to support launches through automation. A financial component to the deal...

Speedcast is selling its Inmarsat maritime reseller business to Inmarsat for $13.6 million, the companies announced Monday. This includes Fleet Xpress, FleetBroadband, and FleetOne, all Inmarsat managed services that Speedcast...

It’s safe to say that most people are done with the year 2020 – a seemingly never-ending nightmare of health crisis, economic recession, and political upheaval converging in a perfect...

Industry-watchers could almost get whiplash looking at how 2020 has progressed. Think about everything that happened just in the first half of the year: the FCC made its final decision...

2020 has been one of the most disruptive, if not THE most disruptive year in recent history. The satellite industry has remained resilient in the face of global adversity. What...

Kleos Space raised an additional $13.8 million (11.7 million euros) in funding, the company revealed last Wednesday. The money was raised from existing and new investors, and the round was...

Raytheon Technologies has agreed to acquire a developer and manufacturer of small satellites and related components, Blue Canyon Technologies, the company announced Tuesday. Terms of the deal, which is expected to close...