Mergers & Acquisitions

July 11th saw the clearest indication that the long wait for SES to receive its permissions to acquire rival Intelsat is coming to an end, with the Federal Communications Commission (FCC) giving its approval to the transfer “of the control ...

Analysts at investment bank Berenberg have reinstated coverage of satellite operator SES in a timely fashion and assuming a successful acquisition of Intelsat. Berenberg says it expects SES to extend its competitive advantage once it closes its acquisition of Intelsat ...

A Delaware bankruptcy court on June 23rd approved the long-term acquisition by AST SpaceMobile (AST) of Ligado’s L-band spectrum over North America. The judge, Thomas Horan, was brief in saying, “I am going to grant the motion today. The motion ...

Muon Space has closed their oversubscribed $89.5 million Series B1 round, bringing total Series B funding to $146 million—this new capital includes $44.5 million in equity and $45 million in credit facilities, and follows the company’s initial Series B close ...

The European Union has “unconditionally” approved the SES purchase of Intelsat (for €3.1 billion plus debt) and joins the UK’s decision to permit the acquisition to go through. Approvals from the U.S., including permissions to reassign Intelsat’s frequency licences to ...

The UK’s Competition and Markets Authority (CMA) has cleared the take-over of Intelsat by SES in its $3.1 billion move. However, while the UK’s anti-trust clearance is a major step forward for the deal, there are two other entities which ...

The United States Space Force (USSF) Space Systems Command (SSC) and the Air Force Research Laboratory (AFRL) have reached a critical milestone in advancing cislunar Space Situational Awareness (SSA) with the successful completion of the Oracle-M (Oracle-Mobility) Hot Fire Test ...

The European Union has set June 10th as the deadline date for Europe’s individual countries to approve—or to open a full investigation into the planned merger between satellite operators SES and Intelsat. Adel Al-Saleh Both companies have always said approvals ...

Cobham Group has signed an agreement to sell Cobham Satcom to Solix Group, a leading investment company. Cobham Satcom enables secure SATCOM in remote locations across land and sea. The company is uniquely positioned to leverage growth opportunities, particularly within ...

MDA Space Ltd. (TSX:MDA) and SatixFy Communications Ltd. (NYSE American: SATX) have entered into a definitive agreement under which MDA Space will acquire all outstanding shares of SatixFy in an all-cash transaction for $2.10 per share—this transaction, which represents an ...

Airbus, Thales Alenia and Leonardo, three giants in terms of satellite manufacture, are in “preliminary talks” to merge their operations—rumors of a potential merger have been reported for some months—the talks would not involve the Airbus aircraft manufacturing business. French ...

ETL Systems HQ ETL Systems earlier this year acquired IRT Technologies, a Canadian innovator in satellite communication products. This strategic move is part of ETL Systems' ongoing commitment to growth and innovation within the global satellite communications market. IRT Technologies ...

Everaxis, a global player in high-precision rotating solutions, announced the acquisition of 2G Engineering, a strategic move that aligns with its accelerated growth strategy and ambition to expand its presence in the U.S. market. The acquisition of 2G Engineering complements Everaxis’ strong organic ...

RBC Signals has implemented a significant expansion of the firm's global ground station network with the acquisition of ten, six-meter, S- and X-band tracking antennas from Microsoft. These newly acquired assets will be made available to RBC Signals’ government and ...

Satellite operator SES will this year celebrate its 40th Anniversary. CEO Adel Al-Saleh has been doing the rounds with local Luxembourg press and TV to update citizens of progress at the company, and to allay fears that a recent round ...

Following the acquisition of Satcom Direct by Gogo Business Aviation (NASDAQ: GOGO), the unified company’s CEO, Chris Moore, announced that Gogo is the new brand identity for the combined companies—the newly crafted Gogo identity and logo (seen above) capitalize on ...

By Chris Forrester The fastest way for a ‘start up’ to exit is usually via a merger or acquisition. The panel at the Smallsat Symposium in Mountain View on February 5 discussed the current picture. Moderated by Alexis Sáinz, Partner, ...

Screenshot Cohort plc has completed the acquisition of Australian satellite communication terminal specialist, EM Solutions, expanding its naval defence offer and reinforcing the Group’s presence in Australasia. EM Solutions is a developer of innovative microwave and on-the-move radio and satellite ...

Indra Group has entered into an agreement with Redeia Corporación for the acquisition of 89.68% of the share capital of Hispasat, a satellite operator and service provider, for a total amount of 725 million euros. To this end, Indra Group ...

A negative report from ratings agency Moody’s cannot have helped, but January 29th saw Eutelsat shares drop in value to an all time low of €1.805 per share. January 30th was no better with another fall to €1.79. The falls ...