Viasat’s government, IFC businesses see growth
Satellite operator Viasat (NASDAQ: VSAT) reported Monday that its debt has surged to 4.2x EBITDA due to funding for ViaSat-3...
Financing
Fed hikes 75 basis points second time, signals third is possible
Federal Reserve officials raised interest rates by 75 basis points for the second straight month, delivering the most aggressive tightening...
Kongsberg to buy AST SpaceMobile’s stake in NanoAvionics for $68M
Satellite network provider AST SpaceMobile (NASDAQ: ASTS) on Tuesday announced it has entered into a definitive agreement to sell its...
Virgin Orbit enters securities purchase agreement with YA II PN
Virgin Orbit (NASDAQ: VORB) has raised an additional $50 million via a convertible debenture. The news comes just a few...
States will determine if satellite industry can receive any of $42.5B federal broadband program
The satellite industry will need to work with states for a piece of the $42.5 billion Broadband Equity, Access and...
Venture funding set to hit lowest level since 2020
Venture capital-backed startups raised far fewer rounds of funding during the past three months than they did during the more...
Some space startups ‘may not be able to get money’
After a boom year in 2021 for space startups, a shift is being driven by rising interest rates, supply chain...
Connectivity Business News to host webinar on capital availability, strategies
Connectivity Business News will host “Capital investment: sources, trends and opportunities,” a webinar on capital availability and strategies for the...
Fed hikes rates 75 basis points, intensifying inflation fight
Federal Reserve officials raised their main interest rate by three-quarters of a percentage point -- the biggest increase since 1994...
Top 6 connectivity research reports from 1H 2022
The trajectory of investment and spending in the space industry was upended by Russia’s invasion of Ukraine in February, which...
