Finance

The founders of Astra Space are taking the company private to avoid bankruptcy, less than three years after going public during the SPAC boom of 2021. Astra announced March 7...

Slingshot Aerospace is coming to the United Kingdom and establishing a U.K. base to help win business with international government and commercial customers. Melissa Quinn will be the general manager...

Spire Global had a strong 2023 full year financial performance, achieving positive cash flow from operations in the fourth quarter, and full year revenue growth of 32% compared to 2022....

Thales Alenia Space reported a dip in demand for commercial telecommunication satellite orders in 2023, and is shifting part of its workforce to respond to the change. Thales announced the...

Lockheed Martin made an offer to acquire Terran Orbital on Friday, and Terran Orbital responded by adopting a limited duration stockholder rights plan, which is also known as a “poison...

Iridium is acquiring longtime partner Satelles for its alternative positioning, navigation, and timing (PNT) service. Iridium plans to use Satelles Satellite Time and Location (STL) service to provide a backup...

In EchoStar Corporation’s first financial results after merging with Dish Network, the company disclosed that it has “substantial doubt about its ability to continue” without additional funds.  According to EchoStar’s...

SES passed the 2 billion euros mark for overall revenues in 2023. This was one of the highlights of its 2023 full year results, issued Feb. 29. SES achieved revenues...

Canadian satellite manufacturer MDA reported a strong 2023 financial year driven by the company’s constellation contract, growing revenue 26% year-over-year. MDA reported full year 2023 financial results on Feb. 28. ...

BlackSky Technology closed out the 2023 fiscal year with record high revenues, new international customers, and a growing demand for the future. The company reported 2023 financials on Wednesday. BlackSky’s...