Los Angeles, Calif., October 9, 2020--The Satellite Mobility market consists of three key verticals: the aeronautical/in-flight; maritime and land mobile communications on the move (COTM) markets. Of those three markets that cover the air, sea and land, two of those verticals are probably the hardest hit sectors of the satellite industry by the ongoing global COVID-19 pandemic.
Santa Clara, Calif., October 7, 2020--Momentus, a commercial space company offering in-space transportation and infrastructure services, today announced it has signed a definitive merger agreement with Stable Road Acquisition Corp. that will result in the company becoming publicly listed.
Melville, NY, October 5, 2020--Comtech Telecommunications Corp. (Nasdaq: CMTL) and Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) announced today that the companies have agreed to terminate the merger agreement first announced on January 29, 2020 and have settled all pending litigation in the Delaware Court of Chancery. In connection with the termination and settlement agreement, Comtech has agreed to make a payment of US$ 70.0 million to Gilat.
PLUS Product and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more. Click here to read or download the file
Brisbane, Australia, September 4, 2020--Exponentially increasing numbers of announced ambitious NGSO (Non-Geo Stationary Orbit) or LEO-HTS (Lower Earth Orbit – High Throughput Satellites) Mega Constellations have been creating waves in the world of technology. Their success will not be a mere disruption to the existing system, it will be a whole new system altogether.
New Delhi, India, September 4, 2020--For decades, satellite technology has played a pivotal role in various industries, namely, media & entertainment, military segment, disaster management, etc. India being a home to several such industrial verticals, is about to boost its global satellite technology reach with the government’s creation of Indian Space Promotion and Authorisation Centre (IN-SPACe), a new entity under the Department of Space, that seeks to streamline and promote the country’s utilization of private sector resources, know-how, and technology.
PLUS Product and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more. Click here to read or download the file
New York City, NY, September 3, 2020--For all of history, water has been the stuff of life, flowing in rivers nearby or drawn up from the hidden streams that flow underground.
Ottawa, Canada, September 3, 2020--Calian Group has acquired Tallysman Wireless, a manufacturer of precision Global Navigation Satellite Systems (GNSS) antennas, and related components.The definitive agreement is valued at up $24.5 million. Amount paid on closing is $15.7 million (net of cash received) and contains two earnout periods of $4M and $4.8M based on the achievement of a certain level of EBITDA performance over the next 30 months. Tallysman’s results will be consolidated and reported with Calian’s Advance Technology segment.