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Firefly Aerospace acquires Spaceflight Inc to expand on-orbit services

Firefly Aerospace acquires Spaceflight Inc to expand on-orbit services

by Farah Ghouri | Jun 9, 2023 | Finance

Texas-based Firefly Aerospace, a start-up rocket manufacturer and launch provider, has acquired Spaceflight Inc in a move to boost its on-orbit services, the company announced on 8 June. Spaceflight Inc is a leading commercial smallsat launch arranger, which also...
Viasat completes US$6.3 billion Inmarsat acquisition in a major satcom merger

Viasat completes US$6.3 billion Inmarsat acquisition in a major satcom merger

by Farah Ghouri | May 31, 2023 | Finance, Satellites, Seradata News

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...
Fleet Space raises US$33 million for satellite enabled mineral exploration

Fleet Space raises US$33 million for satellite enabled mineral exploration

by Farah Ghouri | May 30, 2023 | Finance, Satellites, Technology

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 wins US$256 million Italian contract for servicing demo mission

Thales Alenia Space wins US$256 million Italian contract for servicing demo mission

by Farah Ghouri | May 17, 2023 | Finance, Launches, Technology

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...
Maxar Technologies completes US$6.4 billion sale to private equity firm

Maxar Technologies completes US$6.4 billion sale to private equity firm

by Farah Ghouri | May 4, 2023 | Finance

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 raises US$28.5 million for satellite refuelling services

Orbit Fab raises US$28.5 million for satellite refuelling services

by Farah Ghouri | Apr 24, 2023 | Finance, Launches, Satellites, Seradata News, Technology

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...
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