Focus: Investors

Iridium Communications reported financial results for the first quarter of 2019 and affirmed its full-year 2019 outlook. The company reported a Q1 total revenue of $133.7 million, which consisted of $107...

Slingshot Aerospace, an analytics company, raised $5 million in new seed funding. The round was led by ATX Venture Partners with participation from new investor Revolution’s Rise of the Rest...

Elon Musk’s Space Exploration Technologies Corp. is raising another $500 million in funding amid internal questions about the viability of an internet-via-satellite business considered key to the company’s growth. The...

The space robotics market is predicted to hike from $2 billion in 2018 to around $3.5 billion by 2025, according to a 2019 Global Market Insights report. According to the...

Eutelsat Communications is set to become a partner of Seraphim Space Camp, the U.K.’s first accelerator for space technology start-ups. Launched by Seraphim Capital, Seraphim Space Camp was created a year...

Singapore Technologies Engineering (ST Engineering) revealed that its subsidiary, Singapore Technologies Engineering (Europe), entered into a conditional share purchase agreement to acquire a 100 percent ownership in Newtec. The consideration of...

A consortium comprised of U.S. U.K., and Canada-based private equity companies agreed to buy Inmarsat for $3.4 billion. The consortium, made up of Apax Partners, Warburg Pincus International, and Canada Pension...

Tarana Wireless secured $60 million of financing with Khosla Ventures and EchoStar, as a follow-on to financing of $28 million led by 1010 Holdings, the family offices of Greg Wyler....

Another set of companies has submitted a proposal in an attempt to acquire Inmarsat. It was confirmed late last night that Inmarsat has received a non-binding proposal from Apax Partners,...

At SATELLITE 2019, one of the hot topics will likely be the future of Low Earth Orbit (LEO) satellite systems. But, many questions remain. With this potentially huge influx of...