Finance

Comtech completed a refinancing and secured a new $222 million credit facility, the company announced Tuesday along with its third quarter financial results.  The credit facility is a new $60...

Gilat Satellite Networks is acquiring Stellar Blu for the company’s in-flight connectivity terminals. Gilat announced the deal on Monday, and will pay $98 million cash for the business and up...

Satellite developer and manufacturer Apex on Wednesday said it has closed a $95 million funding round that will allow it to begin to scale production and expand its suite of standardized and...

Japanese telco NTT DoCoMo, Mizuho Bank (the Development Bank of Japan), and Space Compass Corporation announced Monday that they have partnered on a $100 million investment in Airbus subsidiary AALTO HAPS...

Nara Space Technology has completed a $14.5 million Series B funding round. The South Korean start-up, which specializes in small satellite manufacturing and data analytics, has now raised approximately $24.3...

Viasat posted record revenue for fiscal year 2024, its first year including Inmarsat’s contribution, post-acquisition. But the company’s stock dipped 16% on Wednesday as Viasat projected flat revenue in the...

AT&T formalized its work with AST SpaceMobile with a new commercial agreement announced Wednesday. Under the agreement, AST SpaceMobile will provide space-based cellular broadband to AT&T’s customers through a revenue...

Revenue at Spire Global fell below expectations in the first quarter of 2024, impacted by increased solar activity, U.S. government order delays, and a propulsion unit performance. Spire reported Q1...

Eutelsat Group’s operating vertical revenue in the third quarter increased 8.5% year-over-year, fueled by double-digit growth in fixed and mobile connectivity and government services. Eutelsat issued its third quarter 2023-24...

Lockheed Martin awarded Terran Orbital another subcontract for its work for the Space Development Agency (SDA). Lockheed Martin awarded Terran Orbital a subcontract to produce 18 satellite buses for its...