Finance

Iridium Communications raised its 2021 full-year financial projections after reporting 9% service revenue growth and an 18% year-over-year increase in total billable subscribers during its 2021 third fiscal quarter (Q3)....

Comtech Telecommunications is receiving a $100 million capital injection that the company said will accelerate growth in its satellite technology, 911 business, and M&A strategy.  The company announced Monday that...

Inmarsat‘s 2021 executive leadership shake-up continues. The U.K. operator confirmed Thursday that it has replaced Ronald Spithout, who has led its Maritime business unit since 2014, with Ben Palmer, the...

Spacecom, the Israeli satellite operator, is going through an acquisition that will place the majority of the company under Hungarian ownership. Hungarian telecommunications company 4iG announced Oct. 12 that its...

Rocket Lab has made its second acquisition, Advanced Solutions, Inc. (ASI), a space software company, for $40 million. The launcher announced Tuesday that the acquisition has been completed, and includes...

The valuation of Elon Musk’s SpaceX crossed $100 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an agreement with new and existing investors...

Rick Ambrose, the executive vice president for Space at Lockheed Martin, has decided to retire on March 1 next year, the company said on Oct. 7. After joining Lockheed Martin...

Maury Microwave has completed the acquisition of dBmCorp, which designs and manufactures wireless link emulation equipment used for satellite testing.  Maury Microwave designs and manufactures Radio Frequency (RF) measurement and...

Outerbridge Capital Management, which owns approximately 4.95% of Comtech Telecommunications Corp.’s common stock, sent a letter to the Comtech board of directors on Wednesday detailing a lack of faith in...

Climate-focused satellite constellation startup Muon Space has raised a $10 million seed funding round, led by Costanoa Ventures. In addition, Space Capital, Congruent VC, Ubiquity Ventures, South Park Commons, and...