After two difficult years of fundraising for commercial satellite startups, the financial environment may be improving, according to bankers in the sector.
Users of iPhone 14 and newer models will be able to send and receive text messages via a satellite connection, Apple announced at its developer conference.
Nara Space Technology, a South Korean manufacturer of small satellites, announced on May 31 that it had raised $14.5 million in a Series B fundraising.
The filing with the ITU, a U.N. agency that manages global use of radio-frequency spectrum and sat orbits, is a prerequisite to building the constellation.
Space Florida, a quasi-public economic development and financing agency, plans to expand the state’s aerospace footprint in south Florida and the Panhandle.
Small satellite manufacturer Terran Orbital has settled its dispute with the “Concerned Investor Group” that included several prominent former employees.
