Satellite News

Lockheed Martin reported third quarter 2018 financial results.

exactEarth Ltd. announced that the Government of Canada will make an investment of C$7.2 million over three-years to support the development, management and expansion of exactView RT, the company’s real-time Satellite-AIS service.

UrtheCast Corp. announced that it has signed a binding contract for US$30 million to provide data from the company’s planned UrtheDaily satellite Constellation.

Harris Corporation and L3 Technologies, Inc. have agreed to combine in an all stock merger of equals. Under the terms of the merger agreement, which was unanimously approved by the boards of directors of both companies, L3 shareholders will receive a fixed exchange ratio of 1.30 shares of Harris common stock for each share of L3 common stock.

Maxar Technologies Ltd. announced that it is advancing its domestication into the United States and expects to complete this process in January 2019, subject to securityholder approval.

Boeing announced its investment in Accion Systems Inc., a startup pioneering scalable electric propulsion technology to transform satellite capabilities in and beyond Earth’s orbit.

Firefly Aerospace, Inc., a developer of orbital launch vehicles for the small to medium satellite market, announced the execution of a Memorandum of Understanding (MoU) with York Space Systems for the development of integrated launch services and spacecraft mission solutions.

Capella Space, an aerospace and information services company providing on-demand Earth observation data via advanced space radar, announces US$19 million Series B funding led by Spark Capital and DCVC (Data Collective) and joined by Mark VC and Harmony Partners among other investors.