EMEA Markets - Latest Developments
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.
Upon the closing of the transaction, the combined operating company will be named Momentus Inc. and its securities will be listed on Nasdaq and trade under the ticker symbol “MNTS.”
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.
The GVF Webinar Series has been an innovative response to the dictates of a variously locked down world and its various themes have been well received by a global audience. Whilst, as noted in my previous column, 69 has been the least number of countries dialing-in to any one individual Zoom event, the total number of nations reached across the series to date has now exceeded 120.
The 25th anniversary international conference of operators and users of satellite communication networks of the Russian Federation "SАTCOMRUS 2020" will be held on October 8, 2020 online as a virtual event. The event is organized by Russian Satellite Communications Company (RSCC) and will be held online for the first time.
QuadSAT, a Danish company providing innovative test and measurement systems of satellite antennas, announced today that it has closed a €2 million Pre-Series A Investment, the largest venture investment in a Danish drone tech company in history. The round was led by Seraphim CapitalVaekstfonden, the Danish state’s investment fund, and Angel Investor, Helge Munk.
National Association of Broadcasters (NAB) President and CEO Gordon Smith announced today that the NAB Show now scheduled for October 9–13, 2021 in Las Vegas. Smith issued the following letter to the NAB Show community regarding plans for the 2021 NAB Show:
Dear NAB Show community,
GMV Innovating Solutions, the UK aerospace company belonging to GMV, has signed a merger agreement with Nottingham Scientific Limited (NSL). GMV trades in the aerospace, defense, ICT and intelligent-transportation-systems markets while NSL is UK leader in satellite navigation and critical applications. After the agreement GMV becomes sole shareholder of NSL and sets up the company GMV NSL, to be integrated seamlessly into GMV’s set of companies.
Central to this year’s AfricaCom and AfricaTech events (anchors of the new virtual Africa Tech Festival), taking place 10 – 12 November, is how to connect the next billion Africans to the Internet. Several sessions over two days, will focus on how to include the currently disconnected, whether through the deployment of satellite, balloon or standard infrastructure roll out, as
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.
An enigmatic title deserves explanation. The 69 countries referred to is the least number of nations we have had consistently dialing-in to recent webinars in the GVF’s Webinar Series, organized in association with Satellite Evolution Group. In my previous column I overviewed the series, which is broadcast over Zoom on alternate Thursdays, starting at 1500 hours/3.00pm (London). An overview is also available on the GVF website at https://gvf.org/webinars.
