Finance

Spire Global is ramping up focus on Australia and New Zealand with two new executive hires and plans to open an office in Melbourne, the company announced the week of...

Boeing on Wednesday said it has agreed to provide $50 million to anchor a new aerospace technology venture fund that is privately-managed by the company’s partner AE Industrial Partners (AEI), a private...

Raytheon Technologies on Monday said its United Kingdom-based subsidiary has agreed to acquire another U.K.-based company, Northern Space and Security Ltd. (NORSS), that specializes in space domain awareness. Terms of...

Sales in Lockheed Martin’s Space segment decreased $352 million, or 11% in the second quarter of 2022, compared to the same period in 2021. Lockheed Martin overall saw a dip...

NanoAvionics, the highly touted, Lithuanian startup small satellite company is set to be acquired by Kongsberg Defence & Aerospace (Kongsberg) under a deal announced earlier this month. The acquisition could enable NanoAvionics...

Airbus is launching a new connectivity service business around its HAPS technology platform, Zephyr, led by former Intelsat CCO Samer Halawi. The new venture, HAPS Services Business, is a subsidiary...

Holly Johnson will lead manufacturer MDA’s Robotics and Space Operations (RSO) division on a permanent basis after taking on the role in an acting capacity earlier this year. MDA promoted...

Satellite operator Measat has made two new key executive appointments as it looks to build for the future. It has appointed Ganendra Selvaraj as its new Chief Commercial Officer and...

A new venture capital firm Stellar Ventures recently launched a fund with more than $23 million in capital commitments dedicated to investing in space technology. Celeste Ford, founder of aerospace...

Kleos Space’s U.K subsidiary is setting up operations at the Space Park Leicester research hub. Kleos plans for the new UK facility to provide access to a tech community, and...