French satellite operator Eutelsat and UK government part-owned OneWeb have signed a merger deal that values the latter at US$3.4 billion. The acquisition by Eutelsat will see the creation of a new company to compete in the commercial space race with Elon Musk’s...
Astrocast/Hiber Swiss satellite-IoT provider Astrocast SA revealed plans on 30 May to purchase European compatriot and fellow IoT services provider Hiber Global, of the Netherlands. Astrocast is currently working towards a second IPO, on the Euronext Growth Paris...
Earth observation start up Capella Space has secured US$97 million in its latest Series C fundraising round. According to the newspace company, the new money will be put towards growing its satellite imagery and analytics services after it saw an...
Pixxel Space an Indian newspace company announced the closing of a Series A funding round on 28 March. This raised US$25m and included Seraphim Space Investment as a participant. Also in March Synspective Inc, Japan, reported that it had completed a Series B round of...
Noted space industry entrepreneur Greg Wyler (whose track record in this field includes founding the O3b and OneWeb projects) has secured seed funding of US$50 million for his next constellation aimed at bridging the digital divide. E-Space, of which Wyler is Founder...
Terran Orbital Corporation (Terran Orbital) announced that it had completed its SPAC merger on 25 March and expected to begin trading on the New York Stock Exchange (NYSE) on 28th. The transaction saw it merge with the Special Purpose Acquisition Company (SPAC),...
