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This report breaks down the frontrunners—Starlink, AST SpaceMobile, Globalstar, Iridium, Lynk Global + Omnispace, Skylo, Equatys (Viasat and Space 42), and Amazon Leo—digs into their spectrum strategies, satellite architectures, financial positions, and deployment timelines.
SpaceX’s valuation is set to climb from $400B to $800B in a new secondary sale, setting the stage for a potential late-2026 or early 2027 IPO that could value the combined business at $1.5T, according to reporting from the WSJ and The Information, and Bloomberg.
ICEYE is, without a doubt, Europe’s largest and most successful space startup.
Europe’s surging space investment continued at the 2025 Council of Ministers, when member states approved a €22B budget for ESA over the next three years of agency operations, a near 30% increase from the 2022 budget.
Iridium continues to grow its subscriber base (albeit slowly) amid Starlink’s onslaught in the satcom market.
The business case for satcom, EO, PNT, and defense satellites is clear. But the case for in-space servicing satellites—which fly around to extend life, refuel, inspect, service, and deorbit—is far less obvious
Starship’s clamshell fairing may still be a half-decade away, but SpaceX could deploy customer satellites via Starship’s thin pez-dispenser deployer sooner than you think.
Last week, we ran our annual poll in the Pro newsletter on the most attractive space investment sectors. Results are in
The company has improved its GAAP gross margins from -3% in 2021 to 35% today as it scales and grows through space systems acquisitions.
