Dubai, UAE, January 23, 2025 –Satellite operatorABS Group reports full-year results the twelve months ended 30 September 2024 and update on recent developments. The company reported revenues of US$ 66.3 million, down 4% YoY under very competitive market conditions. Adjusted EBITDA was US$ 35.9 million at 54% margin.
Jacksonville, Fla., January 20, 2025--Redwire Corporation (NYSE: RDW),announced that it has signed a definitive agreement to acquire Edge Autonomy, a provider of field-proven uncrewed airborne system (UAS) technology. Under the terms of the merger agreement, Redwire will acquire Edge Autonomy for US$ 925 million on a debt free, cash free basis and subject to customary working capital, cash and debt adjustments.
Cape Canaveral, Fla., January 16, 2025 - New Glenn safely reached its intended orbit during today's NG-1 mission. New Glenn’s seven BE-4 engines ignited on January 16, 2025, at 2:03 a.m. EST (0703 UTC) from Launch Complex 36 at Cape Canaveral Space Force Station. NG-1 is is New Glen's first National Security Space Launch certification flight.
Chandler, Ariz. January 13, 2025 – Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported financial results for its first fiscal quarter ended October 31, 2024. In addition, Comtech separately announced today that its Board of Directors (the “Board”) has named Ken Traub as President and Chief Executive Officer, effective immediately, in addition to his current role as Chairman, and that the Board and management team are undertaking a series of prompt and decisive actions to address the company’s current challenges and build a stronger company for long-term.
Ra'anana, Israel, January 8, 2025 – Satellite service providers NOVELSAT,and AYECKA, announce their unification, creating a single, unified company. This strategic union combines the companies' complementary technologies and expertise, positioning the converged company to offer end-to-end solutions across multiple markets, including broadcast, media, government, defense, mobility, and IoT.
Hereford, UK, January 8, 2025--ETL announced that it has acquired high-power amplifier (HPA) manufacturer Spacepath Communications. This strategic move aligns with ETL’s mission to provide innovative, high-quality solutions that meet the evolving demands of its customers according to a company statement.
Petah Tikva, Israel, January 7, 2025 — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) today announced that it has successfully closed the acquisition of Stellar Blu Solutions LLC , a US-based provider of next-generation SATCOM terminal solutions.
Abu Dhabi, UAE, December 9, 2024--Space42 (ADX: SPACE42) and ICEYE, a provider of Synthetic Aperture Radar (SAR) satellite operations for high-fidelity Earth Observation, today announced the creation of a joint venture to manufacture SAR satellites in the UAE, building on their successful cooperation, which includes the recent launch of the UAE's first SAR satellite, Foresight-1, in August 2024.