Finance

GI Partners, a U.S.-based investor in data infrastructure businesses has reached an agreement to acquire Internet of Things (IoT) provider Orbcomm in an all-cash deal that values Orbcomm at $1.1...

SES plans to establish a U.S. operations and technology hub in Bristow, Virginia. The satellite operator will invest $17 million to consolidate operations, technology, engineering, and support functions at the...

In one of his first public speaking appearances as OneWeb’s new CEO, Neil Masterson emphasized OneWeb’s go-to-market strategy for its Low-Earth Orbit (LEO) constellation as a business-to-business model, working with...

Space-based cellular broadband network provider AST SpaceMobile is the latest special purpose acquisition company (SPAC) to go public after it completed its combination with New Providence Acquisition Corp. AST SpaceMobile...

MDA, the Canadian space technology company which once merged to create Maxar Technologies and was then sold off to form its own business, is now a publicly traded company after successfully...

Competing with SpaceX‘s Starlink constellation drove the wider discussion during the “New World Order” panel at the SATELLITE show LEO Digital Forum, as satellite operators pushed their multi-orbit strategies and...

OneWeb has appointed Per Borgklint as its new chief commercial officer, the company announced April 6. Borgklint has an extensive background in the telecoms arena and has held key positions...

Voyager Space Holdings has completed its acquisition of The Launch Company, it announced April 2. The acquisition was first announced in November 2020. The Launch Company develops standardized hardware and...

Former NASA Administrator Jim Bridenstine has joined Viasat’s board of directors. The satellite operator announced Thursday that Bridenstine will serve as a Class II director. Viasat’s board now consists of...

The impact of COVID-19 on Intelsat‘s business became much clearer in the operator’s 2020 end-of-year financial results, in which it reported $912 million in full year losses and a drop...