Finance

LiveEO, a Berlin-based satellite analytics company, has secured 19 million euros ($19.34 million) in new funding, the company announced Aug. 5. LiveEO’s core product is an infrastructure monitoring suite powered...

Xona Space Systems has secured another $25 million in financing, the company announced late last week. The company, which is developing navigation technologies from Low Earth Orbit (LEO), revealed that...

Astra Space is ending use of its Rocket 3.3 iteration after two launch failures and moving to the next version of its launch system.  The rocket, part of Space Launch...

Funding for Telesat’s Lightspeed constellation is hitting some speed bumps as the Canadian operator reported delays in financing discussions with export credit agencies (ECA), and that it will likely need...

Private equity firm Affiliates of Antarctica Capital has acquired a controlling interest in geospatial intelligence company Descartes Labs.  The deal was announced on August 4, and financial terms were not...

Eutelsat and OneWeb recently announced plans to combine, forming a GEO/LEO entity, in a major instance of consolidation in the satellite industry. Here is a compilation of exclusive Via Satellite...

SES CEO Steve Collar would not confirm or deny reports that merger talks are underway between SES and Intelsat in a call with investors on Thursday. Collar spoke on Aug....

Launch for Hughes Network Systems Jupiter-3 satellite is now expected to launch in the first half of 2023. The satellite has been delayed multiple times, and was most recently expected...

Globalstar has hired IoT industry veteran Chirag Patel as director of Product Management to lead the company’s vision for industrial IoT. He will be responsible for product vision, strategy, roadmap...

SES has completed its acquisition of DRS Global Enterprise Solutions (DRS GES) and will combine the business with subsidiary SES Government Solutions to serve U.S. government customers.  SES expects the...