News Analysis

Oslo, Norway, July 5, 2022 – Kongsberg Defence & Aerospacehas entered into an agreement to acquire Lithuanian smallsat mission integrator and bus manufacturer NanoAvionics. NanoAvionics is a leading smallsat mission integrator and bus manufacturer with significant global growth in recent years, including expansions into the United Kingdom and the United States.

London, UK, July 1, 2022-- Providence Equity Partners completes of the acquisition of a majority shareholding  from Apax Partners SAS.
 Under the agreement terms, Apax will retain a significant minority shareholding in Marlink, and the current management team and Ardian have also committed to minority interests.

El Segundo, Calif., June 17, 2022-- Impulse Space  today announced it has secured US$ 10 million in funding by Lux Capital, the venture capital firm focused on emerging science and technology ventures. Following the recently raised US$ 20 million seed round funding led by Founders Fund, this sets Impulse on an accelerated path toward its mission to provide agile, economic capabilities to access any orbit according to the company.

Melville, NY, June 9, 2022--Comtech today reported results for the third quarter ended April 30, 2022.  Consolidated net sales were US$ 122.1 million, up 1.4% sequentially from Q2 2022 and Adjusted EBITDA  of US$ 11.2 million, a 14.3% sequential increase.

The June 2022 issue of the Satellite Executive Briefing magazine focusing on the Asia-Pacific market sponsored by Comtech is now available.  Featuring:

A Rising Chinese Space Sector: Expectations vs. Reality by Blaine Curcio

Innovations in Satellite Technology by Elisabeth Tweedie

Securing Spectrum Authorization by Rotoiti International

Cambridge, Mass., June 1, 2022-- NSR’s Satellite Capacity Pricing Index, 8^th Edition finds Satellite Operators sitting at a crossroads of multiple macro-economic headwinds, external competitive pressures, and supply chain challenges, driving need for innovative strategies. As pricing stabilizes in Q2 2022, technology efficiencies, supply-demand gap and macro-economic factors trigger increasingly complex pricing negotiations.

by Lou Zacharilla

New York City, June 1, 2022--I am not an economist but rather a keen observer.  I know how to watch a 401k fall to the bottom of an elevator shaft. 

Laussane, Switzerland, June 1, 2022–Astrocast, a nanosatellite IoT network operator, today announced the signing of an agreement to acquire Hiber, a Netherlands-based, IoT-as-a-Service provider. Under the agreement, Astrocast agreed to acquire all of Hiber’s shares in exchange for the issuance of new Astrocast shares, representing 16.5% of Astrocast’s share capital, calculated prior to its previously announced public offering on Euronext Growth Paris. Hiber’s shareholders also agreed to invest €10.45 million in Astrocast’s public offering.

Petah Tikva, Israel, May 23, 2022 – Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), today reported its results for the first quarter, ended March 31, 2022 with revenues of US$ 51.4 million up 19% year-over-year.