News Analysis

Denver, Colo., December 2, 2021--Rocket Lab acquires space hardware company Planetary Systems Corporation (“PSC”).  Crux CFO Advisors was the exclusive financial advisor in the transacation.

Dubai, UAE, November 11, 2021--View videos from the CABSAT 2021 show held in Dubai, UAE from October 26-28, 2021 including:  Satelite Markets and Research Editor-in-Chief Virgil Labrador's presentation at the SatExpo Summit at CABSAT on the "Key Trends to Watch in the Satellite Industry;" A demonstration of ND Satcom's new MFT 1500 Flyaway Terminal for Military Applications; and a interview with Spacebridge CEO David Gelerman. 

Denver, Colo., November 22, 2021-- Voyager Space Inc.  today announced its intent to acquire a majority stake in San Diego-based Space Micro. Space Micro is a highly innovative engineering-driven business focused on advancing high-performance satellite communications, digital, and electro-optical systems with over 2.7 million hours of space flight heritage.

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.

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

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).

MCLEAN, Va. – October 19, 2021 – Iridium Communications Inc. (Nasdaq: IRDM)  today reported financial results for the third quarter of 2021 and updated its full-year 2021 outlook. Net loss was US$ 2.1 million, or $0.02 per diluted share, for the third quarter of 2021, as compared to net loss of US$ 4.0 million, or $0.03 per diluted share, for the third quarter of 2020.