Business

Ligado Sues the US Over Spectrum Rights

Ligado Networks, a VA-based satellite business, filed a lawsuit against the US government last week, claiming the DoD violated its spectrum riots and illegally thwarted its 5G program without compensation. 

VC/PE

Sierra Space Closes $290M Series B

Sierra Space raked in a $290M Series B funding round at a $5.3B valuation, the company announced yesterday.  That brings the company’s total fundraise to $1.7B across two funding rounds. Japanese investors MUFG Bank, Kanematsu, and Tokio Marine led the round, highlighting the company’s growing relationship with Japan. Sierra Space is also considering selecting Japan’s […]