Global Markets - Latest Developments


Santa Clara, Calif., October 7, 2020

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.”

Melville, NY, October 5, 2020

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.

Brisbane, Australia, October 4, 2020 by Muhammad Furqan and Waheeb Butt

By now, we all are aware of the magnitude of the 1st generation of NGSO (Non-Geo Stationary Orbit) mega constellation and their capabilities for provision of high throughput, low latency, global broadband to everyone, everywhere. Let us move forward and analyse the integration of the networks established by these constellations with already existing and upcoming terrestrial networks. 

New York City, NY, October 3, 2020 by Lou Zacharila

The best advice I ever got for dealing with things that terrified me was from a teacher in New York 30 years ago.  She said, “Try leaning into your fears.” 

London, UK, October 3, 2020 by Martin Jarrold

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.

Moscow, Russia, October 1, 2020

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.

Singapore, September 18, 2020

The Asia Video Industry Association (AVIA) will be hosting this year’s Satellite Industry Forum (SIF) as a virtual conference, taking place over two days, from 24 – 25 September, 930am – 1130am (SGT).

Odense, Denmark, September 10, 2020

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. 

Washington, D.C., September 9, 2020 --

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,

London, UK, September 7, 2020

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.