Finance

Planet Labs is going through another round of layoffs and will lay off approximately 180 employees, about 17% of its workforce. The company disclosed the layoffs in filings to the...

After years of the satellite industry’s top brass making the case for consolidation, those dreams are finally playing out across the top operators. While Viasat was the first to take...

LiveEO has raised 25 million euros ($27 million) in a Series B funding round led by NordicNinja and DeepTech & Climate Fonds (DTCF). The Berlin-based company said the investment will...

Paris-based space startup Skynopy has raised $3.1 million to simplify operations for satellites in Low-Earth Orbit (LEO). The company, which was founded in October 2023, has a pool of investors,...

Airbus is recording charges of around 0.9 billion euros ($1 billion), on some of its telecommunications, navigation and observation space programs in the first half of 2024, the company announced...

Terran Orbital must raise its share price again to maintain its listing on the New York Stock Exchange. The company said in a news release on Friday that it received...

Synspective has secured another 7 billion yen ($44.1 million) in a Series C funding round. The Japanese synthetic aperture radar (SAR) satellite data and analytics solutions provider, will use the...

CesiumAstro raised a $65 million Series B+ funding round, the Austin-based satellite tech company announced this week. Trousdale Ventures led the round with backing from Development Bank of Japan and...

SES has secured a 3 billion euro ($3.2 billion) financing package to fund the Intelsat acquisition, the company announced on June 19.  Before the deal was announced, Deutsche Bank AG...

German launcher in development Isar Aerospace raised a more than 65 million euro ($69 million) extension to its Series C funding round, with backing from the NATO Innovation Fund.  This...