Japan’s UK subsidiary of its Astroscale is getting itself ready with its Critical Design Review of a ‘space tug’ which is planned to remove a OneWeb satellite from its low […]
Bank Financing
ZenaTech to execute series of acquisitions to launch Drone-as-a-Service
ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) , a technology company specializing in AI Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, announces today that it will pursue a series […]
Bank downgrades Virgin Galactic
Sir Richard Branson’s space tourism business, Virgin Galactic, suffered a bank’s serious downgrade to its share price. Morgan Stanley had given Virgin Galactic a share price target of $35. That […]
EchoStar fails to find extra cash
EchoStar, the Charlie Ergen-backed business that owns the Dish US pay-TV operator, says that negotiations which have taken place over the past weeks with certain debt-holders and which would have […]
Telenor Group brings in CEO from SpareBank 1 SR-Bank, she will be Telenor’s President and CEO
Telenor Group’s Board of Directors has appointed Benedicte Schilbred Fasmer as new President & CEO. Sigve Brekke is stepping down December 1st after more than 9 years as President & […]
Swissto12 secures million€€ in growth financing for 1st GEO smallsat
Swissto12 has secured a 26.15 million euros working capital facility from UBS Switzerland AG. The bank will provide Swissto12 with access to additional working capital to support the delivery of the company’s […]
SpinLaunch’s Chief Financial Officer and Chief Strategy Officer is veteran aerospace investment strategist
SpinLaunch, a pioneering space company enabling rapid and sustainable low-cost access to space, has announced that aerospace-industry veteran Matthew Mejía has joined the company as Chief Financial Officer and Chief Strategy […]
Latin American financial institution achieves satellite connectivity deploying millions of dollars of Gilat technology
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a provider of satellite networking technology, solutions, and services, announced that a financial institution in Latin America is deploying millions of dollars […]
Astroscale secures JPY 3 billion loan agreement with Mizuho Bank
Astroscale Holdings Inc. (“Astroscale”) has entered into a loan agreement of JPY 3 billion (approx. $22 million) with Mizuho Bank, Ltd. (“Mizuho Bank”). This agreement will provide Astroscale with additional financial support for the company’s current and future projects, accelerating […]
Ovzon reschedules Ovzon 3 satellite launch — SpaceX is now the provider — additional financing is secured
Ovzon AB has been informed by Maxar that there will be additional delays in the finalization of the Ovzon 3 satellite. To accommodate an updated launch window, Ovzon has also […]