Equities
Stories about space companies’ finances, including earnings reports and M&A news.
Planet President Kevin Weil Leaves As Company Touts Record Revenue
Planet ($PL) reported record revenue of $220.7M and a net loss of $140M in their fiscal year ending Jan. 31.
Earnings Report: What We’re Waiting For
Rocket Lab Needs Neutron The second-busiest US launcher’s losses—and future profits—all hinge on Neutron, a rocket designed to compete with SpaceX’s Falcon 9. CEO Peter Beck said the first hot fires of the new Archimedes engine will set the schedule for the rocket, which the company has ambitiously forecast to be on the launchpad this…
Exclusive: Heliux Comes Out of Stealth With $2M In Funding
Heliux, a startup building an AI-powered enterprise operating system, is emerging from stealth today with the announcement of its first $2M funding round.
AI Startup Synthetaic Closes $15M Series B
Synthetaic closed a $15M Series B round on Tuesday that will help bring its AI-driven image search tech to market.
Viasat Is Still In Building Mode After Inmarsat Deal
Less than a year after acquiring European rival Inmarsat, ViaSat ($VSAT) management told investors Tuesday night that the two companies’ operations had been integrated successfully.
Sierra Space Eyes IPO After Years of Prep
The company building the next American space plane is preparing to go public, despite listed space firms recently facing rough waters.
The Uncertain Future Of Boeing’s Space Business
A one-time titan of the space industry finds itself on the sidelines, plagued by ballooning costs and slow timelines in its space division at a time when price and speed are king.
Lockheed Martin Wants the Government to Pay For Value
One of the government’s top suppliers is arguing that the government’s wins with fixed-price contracts are proving to be a big loss for industry.
How Momentus Became The Latest SPAC On The Rocks
Momentus, the space tug company attempting to rebound from a troubled SPAC transaction in 2021, is now on the verge of bankruptcy.
Aerospace and Defense Primes Q3 Earnings Roundup
The aerospace and defense primes had a busy Q3 marked by massive SDA contracts, growing space divisions, and a few hiccups along the way.
Astra Stock Drops with No End in Sight
Astra stock dropped another 19% yesterday to 75 cents a pop as it continues its downhill march.
Payload Pioneers 2023: Stephanie DelPozzo
Stephanie DelPozzo is making a name for herself in the business of space as an associate specializing in aerospace and defense at Nextfed, an M&A firm.
Antaris Raises $3.5M In Seed Funding
Antaris is hoping to bring enterprise tech concepts to space—and now it has additional seed funding to try to make that a reality. Antaris, a SaaS platform for space, announced Wednesday that it raised $3.5M in seed funding. Streamlined Ventures, which specializes in early-stage investments, led the round, which brings Antaris’s total funding to $10M.…
