Maury Microwave, Inc., an RF calibration, measurement, and modeling solutions backed by Artemis Capital Partners announced today that it has completed the acquisition of dBmCorp, Inc..

IBC, the world's most inspiring content and technology event, announces a comprehensive content programme for IBC Show 2021 which for the first time in IBC’s history will be free for all to access. Attendees can watch the sessions in person in Amsterdam or online via IBC Digital, which will launch on 21st October.

OneWeb, the low Earth orbit (LEO) satellite communications company, announced today that it has completed its acquisition of Texas-based TrustComm Inc., a provider of managed satellite communications and professional services to commercial and governments organizations. OneWeb announced the planned acquisition of TrustComm in May 2021 and received all necessary regulatory approvals enabling the transaction to close.

Following consummation of this transaction, TrustComm will become known as OneWeb Technologies Inc, a wholly owned subsidiary of OneWeb.

Seraphim Space Investment Trust plc (LSE: SSIT) announced the acquisition of the holding of Arqit Quantum Inc. from the Seraphim Space LP (Seraphim Space Fund) . As set out in the IPO prospectus, Seraphim Space will acquire four assets from the Seraphim Space Fund for newly issued ordinary shares in the Company. This acquisition represents the second of those transactions to complete.

The National Association of Broadcasters, the organizers of the annual NAB show in Las Vegas announced today that it is canceling the live event scheduled to be held from October 10-13.  While the live event will no longer be held, the NAB kept open options for virtual content through  NAB Amplify.

The NAB issued the follwing statement today:

Spire Global, Inc. (NYSE: SPIR), a provider of space-based data, analytics and space services, and exactEarth Ltd. (TSX: XCT) announced today that the companies have entered into a definitive arrangement agreement under which Spire will acquire exactEarth for approximately US$161.2 million (CAD$204.2 million) in cash and stock, which implies ~9.1x exactEarth’s Enterprise Value to LTM revenue.

Providence Equity Partners, a  private equity firm that specialises in the media, communications, education, software and services industries, has agreed to acquire a majority shareholding in Marlink from Apax Partners SAS, a European private equity firm based in Paris. The transaction results in an enterprise value for Marlink Group of approximately US$1.4 Billon.

Apax, will retain a significant minority shareholding. Marlink’s management team and world leading investment house Ardian have also committed to minority interests.

ITS Electronics, a provider of satellite communications  equipment for earth stations, mobile, naval and aeronautical applications and TTI Norte, a provider of satellite communications equipment for earth stations and space applications announced today a strategic partnership agreement. The agreement enables ITS Electronics and TTI Norte to access and sell each company’s RF products/services, jointly develop products and provide after sales support for products in EMEA and North America.

At the Satellite 2021 show in Washington, D.C., Satellite Markets and Research Editor-in-Chief Virgil Labrador spoke with Chris Badgett, VP-Technology of Kratos Space.  Click here to view the video.

As with many industries, the satellite industry has not been spared the effects of  the global COVID-19 pandemic which hit the world over a year and a half ago. The pandemic has drastically disrupted supply chains and practically shut down key market segments for satellite such as in-flight connectivity and some key segments of the maritime sector such as  the cruise ship business.  Some key installations and contracts were delayed due to travel restrictions.