Satrec Initiative Co., Ltd. (“Satrec Initiative”), which specializes in high-performance small/medium Earth Observation (EO) satellite systems, has announced investments from Hanwha Aerospace Co. (“Hanwha Aerospace”), the largest defense corporation in […]
Funding
OneWeb Gathers Additional Funding, Bringing Total To $1.4 Billion + Reduces Size Of Their Constellation
OneWeb, jointly owned by the UK Government and Bharti Global, has secured additional funding from SoftBank Group Corp. (“SoftBank”) and Hughes Network Systems LLC (“Hughes”), bringing OneWeb’s total funding to […]
Leaf Space Coffers Enriched By Millions Of Euros In Series A Funding
Leaf Space has completed its Series A financing round of 5 million euros, bringing its total funding to 10 million euros. A contribution of 2 million euros came from Primo […]
SBA Extends Crucial Lifeline Debt Relief to Small Businesses + Others Impacted by COVID-19
As the U.S. Small Business Administration continues implementation of the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act, signed into law by President Trump on December 27, 2020, […]
Kymeta Receives $30 Million Investment From Hanwha
Kymeta recently announced that Hanwha Systems (HSC) signed an agreement to invest $30 million to back the development of Kymeta’s next generation solutions, the Kymeta u8™ and Kymeta Connect™. The […]
UPDATE #2: Kymeta Recapitalizes + Fundraises $85 Million + u8 Terminal Enters Beta Trial Program
Kymeta Corporation has announced the recapitalization of the company along with the successful funding raise of approximately $85 million, led by Bill Gates with members of the leadership team personally […]
Additional Seed Funding for Orbit Fab’s Gas Stations in Space™
A unique vision that has come to life receives additional funding. Orbit Fab’s Gas Stations in Space™ Propellant Supply Chain has raised a seed extension round led by Munich Re […]
Alba Orbital, SpaceChain UK + Addvalue Innovation Receive Funding For The EUREKA Project
The EUREKA project, in partnership with Enterprise Singapore and Innovate UK, has awarded £440,000 in funding together with access to research and development facilities and resources to Alba Orbital and […]
Swedish Space Corporation (SSC) Invests In Start-Up GlobalTrust
SSC has invested in a new start-up, data analytics business, with offices in the UK and Sweden to address some of the most crucial environmental and social issues of the […]
ORBCOMM’s New Term Loan Facility Closes and Redeems All Outstanding Senior Secured Notes
ORBCOMM Inc. (NASDAQ: ORBC) has entered into a $200 million five-year term loan facility (the “Term Loan”) and a $50 million revolving credit facility. Concurrently, the Company completed the redemption […]