Global Fixed Service Satellite (FSS) operator Viasat Inc has closed its long awaited acquisition of Inmarsat, a British satellite telecommunications company, following months of regulatory review. The deal, which was completed on 31 May, will see the two entities...
Australian newspace company Fleet Space Technologies has secured AUS $50 million (US $33 million) in a Series C fundraising round to grow its satellite-enabled mineral exploration services. The funding was led by existing investor Blackbird, an Australasian venture...
Thales Alenia Space has secured a US$256 million (€235m) contract from the Italian Space Agency (ASI) to develop a dedicated In-Orbit Servicing (IOS) demonstration mission scheduled to launch in 2026. Thales Alenia Space is a joint venture between Thales, a French...
The sale of US satellite operator Maxar Technologies to private equity firm Advent International and minority investor British Columbia Investment Management Corp has been completed. Formed in 2017, Maxar is a satellite manufacturer and operator with a fleet of...
Orbit Fab has raised US$28.5 million in a Series A funding round to propel forward its first missions to provide satellite refuelling services in GEO, LEO, and VLEO orbits. The latest injection of funding was led by 8090 Industries. Other investors included Stride...
Northrop Grumman is developing a geostationary communications satellite in a bid for a military contract worth US$2.4 billion. The aerospace and defence giant will have to compete with Boeing to develop Protected Tactical Satcom (PTS) prototype satellites. Both...