Houston Tex., , April 12, 2021--Marlink Group, backed by Apax Partners sas, has obtained final regulatory approvals to acquire 100% of ITC Global from Panasonic. The Marlink and ITC Global management teams are preparing for a swift closing of the transaction in the coming weeks.
Rochelle Park, NJ, April 8, 2021--Orbcomm, a global provider of Internet of Things (IoT) solutions, today announced that it has entered into a definitive agreement to be acquired by GI Partners, a leading US-based investor in data infrastructure businesses, in an all-cash transaction that values Orbcomm at approximately US$ 1.1 billion, including net debt.
Toronto, Canada, April 7, 2021--MDA Ltd., a provider of advanced technology and services to the burgeoning global space industry, today announced the successful closing of its previously announced an initial public offering (IPO) of common shares of the company. Pursuant to the Offering, MDA issued 28,571,500 Common Shares at a price of CDN$ 14.00 per Common Share for gross proceeds to the company of approximately CDN$ 400 million.
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Strasbourg, France, April 5, 2021--The dream of today is the reality of tomorrow, and space tourism is a classic example of how the human race is unlocking the full potential of its capabilities to learn and explore outer space. A decade ago, space tourism consisted of a handful of companies, with Space Adventures at the forefront of this emerging market. One of the early triggering factors of the space tourism investment was the joint success of Roscosmos State Corporation for Space Activities (Roscomos) and Space Adventures. In the early 21st century both Space Adventures and Roscomos achieved success in short tourist flight to the International Space Station (ISS). And these commercial movements developed huge interest among the investors, which also ultimately led to the rise of companies like the Virgin Galactic.
Cypress, Calif., April 5, 2021–Mission Microwave Technologies, LLC, a manufacturer of highly efficient Solid State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) has moved from their original offices in Santa Fe Springs to a larger facility in Cypress, California.
New York City, NY, April 2, 2021--The pandemic has made those of us lucky enough to still have jobs wince at the word “virtual.” We take part in virtual meetings and virtual cocktail hours. We attend virtual conferences, receive virtual medical care and see virtual versions of our adult children and young grandchildren. It is virtually impossible to escape from our screened-in lives. On the other hand, I have to point out that we are very short on gratitude when it comes to appreciating all that virtualization has allowed us to preserve.
Tyson's Corner, Va., April 1, 2021--. For the year ended December 31, 2020, Intelsat reported total revenue of US$ 1.91 Billion and net loss attributable to Intelsat S.A. of US$ 911.7 million. Intelsat reported total revenue of US$ 482.8 million and net loss attributable to Intelsat S.A. of US $271.6 million for the three months ended December 31, 2020.
Uppsala, Sweden, April 1, 2021--AAC Clyde Space announced that it has entered into a conditional agreement for the acquisition of the privately owned Swedish company Omnisys Instruments, a leading developer and manufacturer of measuring instruments for advanced space projects.
Houston, Tex., March 26, 2021--Marlink, a provider of smart hybrid network solutions, has announced the acquisition of customer contracts and assets from Global Eagle Entertainment (GEE), which has emerged from Chapter 11 restructuring. As part of this deal Marlink has taken over more than 450 VSAT sites in five continents serving large humanitarian/NGO, Embassy, Oil and Gas and Mining customers as well as GEE’s African fixed site land business.