SWISSto12, the aerospace company and manufacturer of advanced satellite systems and radio frequency (RF) products, has announced securing €73 million in financial support from ESA member states through the HummingSat ARTES partnership project. SWISSto12 says the funding will accelerate its development and industrialisation of HummingSat, as well as scaling up its manufacturing capacity and accelerating […]
Swerve TV, an independent programmer of live sports on FAST, has announced the close of its $2.5 million Series A financing round, led by entrepreneur Scott Galloway. Swerve TV operates Swerve Combat, a combat-sports FAST channel in the U.S., and Swerve Sports, a channel dedicated exclusively to women’s sports. Together, the channels deliver hundreds of […]
The European Space Agency’s (ESA) budget has risen by 7.6 per cent to a total of €8.26 billion. Of that total, some 56 per cent will be allocated to Earth Observation, Navigation & Connectivity and Secure Communications. ESA’s 3-year spending plans amount to €22.3 billion ($26.1bn) and represents an overall 31 per cent increases over […]
The Public Accounts Committee (PAC) of the UK House of Commons will hold a scrutiny session on the BBC World Service at 10am on Thursday January 8th 2026, taking evidence from senior BBC officials including outgoing BBC Director General Tim Davie. The World Service’s budget (£358 million [€430m] in 2025-26) has fallen by 21 per […]
The UK Space Agency says it has earmarked £210 million (€242.8m) to strengthen cyber resilience across the UK’s Government Cyber Unit to coordinate risk management and incident response across departments. The aim for these new measures is to make online public services more secure and resilient, so people can use them with confidence – whether […]
ITV has announced an investment in health and fitness app The Body Coach, created by fitness coach and TV presenters Joe Wicks. As part of ITV Adventures Invest, its Media for Equity investment fund, ITV has agreed to invest up to £3 million (€3.4m) in return for advertising inventory across ITV’s channels and ITVX, building […]
4iG Space and Defence Technologies has joined Axiom Space development and growth plans as an investor. As part of the transaction, 4iG’s Space and Defence holding company has commited to carry out a two-step investment in Axiom Space totalling $100 million – the first phase, $30 million by December 31st, and the second, $70 million […]
France Télévisions has laid out its 2026 budget, incorporating a saving of €140 million – an unprecedented level for the French public service broadcaster. Faced with a severe reduction in its public funding – expected to decline by €65.2 million compared to 2025 (€2.44 billion) and by more than €200 million compared to the initial […]
Eutelsat has announced the success of its share capital increase with shareholders’ preferential subscription rights for a gross amount of approximately €670 million. Eutelsat says the proceeds of the Rights Issue, combined with the proceeds of the Reserved Capital Increases completed on November 21st, will be used to reinforce its financial structure and fund its […]
The Walt Disney Company and OpenAI have reached an agreement for Disney to become the first major content licensing partner on Sora, OpenAI’s short-form generative AI video platform, bringing the two companies together “to unlock new possibilities in imaginative storytelling”. As part of a three-year licensing agreement, that signifies Hollywood’s growing acceptance of AI, Sora […]