OQ Technology said Feb. 19 it could receive up to €17.5 million ($18.2 million) from a European Union-backed accelerator to support efforts to connect smartphones via its small satellite constellation.

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SES moved to reassure investors about its financial stability Feb. 18 after Moody’s downgraded the Luxembourg-based satellite operator’s outlook from stable to negative.

The post SES defends financial outlook after Moody’s downgrade appeared first on SpaceNews.

The space industry is preparing for an uptick in stock listings, even as the sour legacy of SPAC deals in the sector continues to leave a bad taste in public […]

The post Public offerings take the stage as the space industry learns from the SPAC boom and bust appeared first on SpaceNews.

Eutelsat is taking another step away from consumer broadband as Starlink’s sprawling low Earth orbit network continues to erode demand for geostationary services.

The post Eutelsat adapts GEO strategy as Starlink reshapes satellite connectivity appeared first on SpaceNews.

Lynk Global has raised more than $85 million to expand its direct-to-smartphone satellite network, as growing momentum from SpaceX and AST SpaceMobile highlights the market’s emerging potential.

The post Lynk Global fundraise passes $85 million as direct-to-smartphone satellite race heats up appeared first on SpaceNews.

Spire Global has launched legal action to force Belgian analytics provider Kpler to complete its acquisition of the small satellite operator’s commercial ship-tracking business.

The post Spire Global sues Kpler to complete maritime business sale appeared first on SpaceNews.