SatixFy Communications Ltd. (“SatixFy”) and Endurance Acquisition Corp. (“Endurance”) (NASDAQ: EDNC), a publicly traded special purpose acquisition company (SPAC) formed by an affiliate of Antarctica Capital, an international private equity firm with $2 billion of assets under management, have announced a definitive merger agreement that will result in SatixFy becoming a publicly listed company. SatixFy […]
Merger
Forrester’s Digest: YahClick + iSat Africa / Eutelsat Has No Problem With Consolidation?
Abu Dhabi-based YahSat’s broadband service YahClick has expanded its service to Pan-African coverage through a partnership with iSat Africa. The agreement extends YahClick’s service to Nigeria, Zambia, the Congo and East Africa. Data and research suggests that revenues from fixed satellite data services in Africa are expected to grow at an average rate of 15.8 […]
Definitive Merger Agreement Entered Into By Virgin Orbit + NextGen Acquisition Corp.
Virgin Orbit, through its parent company Vieco USA, Inc. (“Virgin Orbit” or the “Company”) and NextGen Acquisition Corp. II (“NextGen”) (NASDAQ: NGCA), a special purpose acquisition company (SPAC), have announced they have entered into a definitive merger agreement (the “Merger Agreement”) under which Virgin Orbit will become a publicly-traded company. Upon closing, the transaction is […]
Vector Acquisition Corp.’s Rocket Lab Merger Is Approved By The Firm’s Shareholders
Vector Acquisition Corporation (Nasdaq: VACQ) (“Vector”), a publicly traded special purpose acquisition company (SPAC) backed by leading technology investor Vector Capital, has announced that Vector’s shareholders voted to approve the company’s proposed merger with Rocket Lab USA, Inc. (“Rocket Lab” or the “Company”) at the firm’s annual, general meeting of shareholders that was held on […]
NavSight Holdings Shareholders Approve Business Combo With Spire Global
NavSight Holdings Inc. (“NavSight”) (NYSE: NSH) stockholders have approved all proposals related to the previously announced merger, (the “Business Combination”) with Spire Global, Inc. (“Spire Global”, “Spire”, or “the Company”), a leading global provider of space-based data, analytics and space services, at a special meeting. A Form 8-K disclosing the full voting results is expected […]
Merger Of Spire Global + NavSight Holdings Are Declared Effective
NavSight Holdings, Inc. (NYSE: NSH, “NavSight”), a publicly-traded special purpose acquisition (SPAC) company, and Spire Global, Inc. (“Spire”) have announced that NavSight’s registration statement on Form S-4 (File No. 333-256112), relating to the previously announced merger of NavSight and Spire (the “Business Combination”), has been declared effective by the U.S. Securities and Exchange Commission as […]
Pulling Their Expertise Together: Alpha Space + MEI Technologies
Alpha Space Test and Research Alliance (Alpha Space) and technology/defense company MEI Technologies, Inc. (MEIT) will form a single integrated business to offer a range of commercial space services, technology and engineering services as well as products to the space and defense industries. Stephanie Murphy, the principal owner of MEIT and Alpha Space, has named […]
Satellogic Is SPAC’d
Nettar Group, Inc. (“Satellogic” or the “Company”) and CF Acquisition Corp. V (Nasdaq: CFV) (“CFAC V”), a SPAC sponsored by Cantor Fitzgerald, have entered into a definitive merger agreement that will result in Satellogic becoming a publicly traded company. The transaction is expected to be completed early during the fourth quarter of 2021, subject to […]