A Falcon Heavy rocket launches the Viasat-3 “Americas” satellite on May 1, 2023. SpaceX PARIS – The U.S. export credit agency is working through a $5 billion pipeline of applications related to the space industry, as companies look to fund projects in orbit in a tighter capital market. The Export-Import Bank of the United States, or EXIM, is no stranger to financing space projects such as satellite and rocket products. EXIM generally sees more applications during tougher economic times, as...

Bank of America downgraded spacecraft builder Terran Orbital from buy to underperform Friday, hitting the space stock with a rare double downgrade due to concerns of a limited customer base and waning liquidity. Terran Orbital stock slipped 4%. Similar to many SPAC space companies, Terran’s stock has slid steadily since its public debut near $12 a share in March 2022 . This year, it’s down 24.7%. Bank of America also slashed its price target on Terran’s stock to $1.35 from $7 a share. Terran...

In this article MAXR-0.23 (-0.44%) Follow your favorite stocksCREATE FREE ACCOUNT Inside the company’s Palo Alto, California manufacturing facility, Maxar Space imagery and infrastructure company Maxar on Friday announced an agreement to go private through an acquisition led by Advent International. The all-cash deal gives Maxar an enterprise value of about $6.4 billion. Private equity firm Advent is taking a $3.1 billion stake in Maxar, with British Columbia Investment Management Corporation...