Global Markets - Latest Developments
Calian Group has acquired Tallysman Wireless, a manufacturer of precision Global Navigation Satellite Systems (GNSS) antennas, and related components.The definitive agreement is valued at up $24.5 million. Amount paid on closing is $15.7 million (net of cash received) and contains two earnout periods of $4M and $4.8M based on the achievement of a certain level of EBITDA performance over the next 30 months. Tallysman’s results will be consolidated and reported with Calian’s Advance Technology segment.
For all of history, water has been the stuff of life, flowing in rivers nearby or drawn up from the hidden streams that flow underground.
The July-August 2020 issue of the Satellite Executive Briefing magazine focusing on Satellite Network Managment sponsored by Spacebridge is now available. Featuring:
Satellite Network Management by Virgil Labrador
Satellites, Public Health and the End of the Non-Stick Fry Pan by Lou Zacharilla
The New Webinar Epoch? by Martin Jarrold
Better Satellite World Series: Making the Siberian Connection
PLUS Product and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more. Click here to read or download the file
Applied Composites Holdings announced today that it has acquired Alliance Spacesystems, a leading, vertically integrated provider of high-performance composite structures and assemblies for the commercial, civil and government satellite market.
Terms of the transaction were not disclosed.
This marks the fifth acquisition of the Applied Composites platform created by AE Industrial Partners, LP (AEI), a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets.
AMERGINT Technologies Holdings (ATH) today announced it has completed the acquisition of Raytheon Technologies’ electro-optics technology business headquartered in Danbury, Connecticut, which will be renamed Danbury Mission Technologies (Danbury). Previously a division of Raytheon Technologies’ Collins Aerospace Systems unit, Danbury is a leading technology provider of electro-optical systems for national security space missions and defense survivability needs.
Despite being in bankruptcy proceedings, Intelsat (OTC: INTEQ), today announced that it has entered into a definitive agreement to acquire the commercial aviation business of Gogo (NASDAQ: GOGO), the largest global provider of in-flight broadband connectivity, for US$ 400 million in cash, subject to customary adjustments.
AfricaCom and AfricaTech have become synonymous with industry change in the digital infrastructure and emerging technology space, their evolution, as well as robust debate over the years. In 2020, that tradition continues. One such innovation that is sure to attract its share of controversy and attention, will be the second ‘Women in Tech Takeover’, that returns to the AfricaTech Centre Sta
NAB Show®, the world’s leading convention for media, entertainment and technology professionals, is launching NAB AmplifyTM, a dynamic year-round digital platform designed to extend the impact of NAB Show throughout the year by providing opportunities for networking, discovery and education.
Kymeta Corporation acquired Lepton Global Solutions LLC which will become a wholly owned direct subsidiary of Kymeta Corporation. Established in 2013, Lepton Global Solutions is a provider of satellite-based customized turnkey communications solutions and services with expertise in the Intelligence Community (IC), Special Operations Command (SOC) and other government sectors.
Satellite operator SES reported 1st half 2020 results in line with expectations and continued underlying growth in Networks of +7.1% year-on-year and revenues of EUR 947.5 million, -1.5% decrease as reported with underlying revenue 2.4% lower than H1 2019.
Adjusted EBITDA was EUR 582.0 million, -2.3% as reported (-3.5% at constant FX) compared with H1 2019 and representing an Adjusted EBITDA margin of 61.4% including a 2.2% year-on-year reduction in recurring operating expenses.
