Stories about space companies’ finances, including earnings reports and M&A news.
Planet Labs is nearly ready to take its talents to the public markets at a $2.8B valuation. Yesterday, Planet’s C-suite held court with investors to sell the vision. A decade of history in ~60 words: Planet set out to image and index all of Earth every day. The company developed a constellation of 200 satellites, created the […]
Terran Orbital is the latest space company that will take its talents to the public markets (via SPAC, of course). SPACs, or special purpose acquisition companies, have become quite a popular vehicle for space companies looking to raise capital. The California-based satellite manufacturer said today that it would merge with Tailwind Two, a blank-check company […]
With all the talk of satellite constellations in beta or build phase, we figured we’d check up on one that’s fully up and running. Satellite operator Iridium reported Q3 earnings Monday. The McLean, VA-based company generated ~$162 million in Q3 revenue, a 5.5% beat. Its net loss was $2.1 million. Commercial services revenue totaled ~$102 million, equal […]
