News Analysis

Ottawa, Canada, November 19, 2021--November 19, 2021 – Telesat Corporation announced today that it is now a public company and will begin trading on the Nasdaq Global Select Market (“NASDAQ”) and the Toronto Stock Exchange (“TSX”) under the ticker symbol “TSAT”. This follows the closing of Telesat’s previously announced transaction with Loral Space & Communications Inc. and Public Sector Pension Investment Board in which Loral’s stockholders and Telesat Canada’s other equityholders have exchanged their interests for equity in Telesat’s new public holding structure.  Telesat did not issue new equity to raise additional cash financing as part of the Transaction.

Tampa, Fl., November 15, 2021 - NIC4, a division of Network Innovations, Inc., announces the acquisition of U.S. government contractor, Knight Sky LLC. The acquisition will effectively combine the expertise of both companies, enhancing the development and delivery of agile, secure and mission critical connectivity solutions for the collective clients of each organization. NIC4 will complement the existing Knight Sky managed network services with advanced technologies in the NIC4 MAVERICK VSAT services and will add additional resources and support to Knight Sky’s contracted U.S. Space Force Space Enterprise Consortium (SpEC) SATCOM Enterprise Management & Control (EM&C) Program.

New York, NY, November 12, 2021--Laser communications specialist Mynaric AG (Frankfurt Stock Exchange; M0Y, ISIN: DE000A0JCY11) announced that its management board today resolved, with the approval of the supervisory board, on the volume and the issue price of the public offering of American Depositary Shares (“ADSs“). The offering will produce gross proceeds of US$ 66,000,000 from the sale of 1,000,000 new ordinary shares of Mynaric in the form of 4,000,000 ADSs at a price of US$16.50 per ADS.

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 billion of net debt.

The November 2021 issue of  the Satellite Executive Briefing magazine focusing on the African Satellite Market sponsored by iKO Media Group is now available.  Featuring:

Update on the African Satellite Market by Omkar Nikam

Satellite Data Analytics Market by Prateek Yadav

Dead Ringers by Lou Zacharilla

Ground Segment:  All Change for a new Satcoms Era by Martin Jarrold

Better Satellite World: Satellites by the Dozen

PLUS Products Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets Stock Index and many more. Click here to read or download the file

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.  

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. The transaction is expected to close in the first quarter of 2022.  

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.

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).

October 27, 2021, Dubai, UAE--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.