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Latest Federal & Government Contracting Companies' News Coverage

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Iridium has announced its second quarter 2020 financial results on Tuesday, reporting a net loss of $12.4 million, compared to net loss of $18.1 million for the second quarter of 2019. The company's operational EBITDA for the second quarter was $85.3 million, compared to $85.1 million for the prior-year period.

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Los Angeles-based Relativity Space has raised $500M in a round of Series D financing led by Tiger Global Management and will use the funds to advance the development of its launch vehicle, 3D printing technologies and other programs. “We are on track to launch our first Terran 1 rocket to orbit next year with existing capital on our balance sheet," said Tim Ellis, co-founder and CEO of Relativity Space.

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