Global Markets - Latest Developments


Carlsbad, Calif., Nov. 8, 2021

Viasat Inc., (NASDAQ: VSAT) and Inmarsat, a today announced they have entered into a definitive agreement under which Viasat will acquire Inmarsat in a transaction valued at US$ 7.3 billion, comprised of US$ 850.0 million in cash, approximately 46.36 million shares of Viasat common stock valued at US$ 3.1 billion based on the closing price on Friday November 5, 2021, and the assumption of US$ 3.4

Jacksonville, Fla., November 2, 2021

Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, today announced that it has acquired Techshot, Inc., a leader in biotechnology in microgravity, bioprinting, and on-orbit manufacturing needed for commercial space-based research and development.  

Dubai, UAE, October 28, 2021

At the CABSAT 2021 show in Dubai, UAE, Satellite Markets and Research Editor-in-Chief Virgil Labrador spoke with David Gelerman, CEO-Spacebridge on the latest developments on his company and their presence in the Middle East region. Click here to view the video.

 

 New York, NY, October 28, 2021

Tailwind Two Acquisition Corp. (NYSE:TWNT) , a special purpose acquisition company (SPAC), and Terran Orbital Corporation, an operator of small satellites and provider of  earth observation solutions, jointly announced today that they have entered into a definitive business combination agreement.   Upon the closing of the transaction, the combined company will operate as Terran Orbital Corporation, with plans to list on the NYSE under the symbol LLAP. The pro forma total enterprise value of the combined companies is approximately US$ 1.58 billion.

Paris, France October 28, 2021

Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reported results  for the First Quarter ended September 30, 2021.  Operating Verticals revenues were €285 million, down 3.4%, in line with the mid-point of full year objectives.

Dubai, UAE, October 27, 2021

A video of  Satellite Markets and Research Editor-in-Chief Virgil Labrador presentation  on "The Key Trends to Watch in the Satellite Industry" at the SateExpo Summit of CABSAT 2021 in Dubai, UAE. Click here to view the video.

 Fort Lauderdale, Fla., October 27, 2021

FMC Global, a global provider satellite and wireless connectivity solutions, today announced that it has entered into a definitive agreement with the ERZIA Group to acquire 100% of Santander Teleport (ST).

Originally established as a joint venture of ERZIA and MTN Satellite Communications (now the Anuvu maritime division), ST has been ranked by the World Teleport Association (WTA) as one of the top 10 Teleport Operators in the world since inception, and in 2019 it was awarded the internationally prestigious "Independent Teleport of the Year" title.

Geneva, Switzerland, October 25, 2021

​The next World Radiocommunication Conference, WRC-23, will take place between 20 November and 15 December 2023, the International Telecommunication Union (ITU) confirmed today following a consultation with the ITU Member States around the world.

The conference, where governments, regulators and industry gather to update the ITU Radio Regulations, will take place in one of the main cities of the United Arab Emirates (UAE), either Abu Dhabi or Dubai.

Hong Kong, October 19,  2021

Asia Satellite Telecommunications Company Limited (AsiaSat), Asia’s premier satellite solutions provider, has acquired a strategic stake in One Click Go Live Limited (formerly known as HERMES Live Technology Limited), a company incorporated in Hong Kong and specialised in video live streaming services and solutions.