Finance

Private equity firm Trive Capital is acquiring Hypergiant Industries to advance its AI solutions for the defense sector. Trive Capital, based in Dallas, announced the acquisition on Tuesday. Terms of...

Commercial space station company Axiom Space raised $350 million in its Series-C round of growth funding from Saudi financier Aljazira Capital and existing investor Boryung, a Korean pharmaceutical manufacturer. Axiom...

Britain’s BAE Systems  on Thursday said it has agreed to a acquire Ball Corp.’s aerospace unit for $5.6 billion and highlighted the business is forecast to generate $2.2 billion in sales this...

Spire Global named Leo Basola as its new chief financial officer. This appointment comes after earlier this year, the company’s CFO Thomas Krywe announced he would step down in September. ...

The Space Development Agency (SDA) has awarded Momentus a small business innovation research (SBIR) award to tailor its orbital service vehicle for Department of Defense needs. However, the company faces...

Terran Orbital reported record revenue of $32.2 million in the second quarter of 2023, a 51% increase over the same period in the prior year, and is targeting an even...

Orbex, has appointed a former British Airways exec Lesley Still as its new chief of spaceport operations. The company announced the appointment, Aug. 15. Orbex is advancing preparations for the...

AST SpaceMobile secured a financing package that funds the launch of its first five direct-to-cell commercial satellites, the company announced Monday.  CFO Sean Walllace said the company secured up to...

Astra Space recently laid off 70 employees and reallocated other employees from its launch business to its spacecraft engine team in a bid to manage expenses and put more resources...

Planet has closed its acquisition of Slovenian company Sinergise to expand and enhance its Earth Data Platform. Planet announced the acquisition in March of this year.   Sinergise makes the technology...