Finance

Intelsat has made an investment into Israel-based satellite technology firm hiSky, along with a strategic collaboration agreement. hiSky announced the investment on Feb. 5. Along with the investment, Intelsat CTO...

Viasat plans to initiate service soon with the first ViaSat-3 satellite, which has just a fraction of its planned capacity due to an issue with an antenna on board. The...

Satellite network management startup Quindar raised an additional $6 million in seed extension rounds from FUSE with the continued investment from Y-Combinator and Funders Club, the company announced in late...

Satellite-to-cell company Lynk Global officially plans to go public through a special purpose acquisition company (SPAC) merger with a blank check company led by baseball star and entrepreneur Alex ‘A-Rod’...

Terran Orbital on Monday said it has reached agreement with a group of investors that had been seeking management and other changes, including the replacement of current CEO Marc Bell, although...

Revenue for Boeing Defense, Space & Security (BDS) increased 8% in 2023 compared to 2022, and the segment narrowed its net loss as it works to improve operating margin, particularly...

Eutelsat has completed the sale of OneWeb’s 50% share in the Airbus OneWeb Satellites joint venture. The co-owner of the Florida-based business, Airbus U.S. Space & Defense, acquired the stake....

L3Harris grew revenue by 14% in 2023 compared to 2022, primarily due to acquiring Aerojet Rocketdyne and Viasat’s Tactical Data Links business. L3Harris reported $19.4 billion in revenue in 2023,...

Northrop Grumman’s Space segment delivered another year of growth in 2023, posting 14% year-over-year growth. Space Systems was the largest and fastest-growing segment in the company in 2023, with $13.9...

The European space sector has been boosted by the news of a key financial collaboration by some of the key stakeholders in Europe. The European Commission, the European Investment Bank...