Jacksonville, Fla., March 25, 2021--Redwire, a provider of mission-critical space solutions and high reliability components for the next generation space economy, and Genesis Park Acquisition Corp. (NYSE: GNPK), a publicly traded Special Purpose Acquisition Company (SPAC), announced today that they have entered into a definitive merger agreement that will result in Redwire becoming a publicly traded company.
Warrington, UK, March 25, 2021--GTMaritime announced that it has transitioned its business to an Employee Owned Trust (EOT), in a deal securing the future of a true shipping technology innovator. The move to an EOT is an exciting development which is set to incentivize employees under the guidance of the management team responsible for establishing GTMaritime as a leading provider of secure data communications software to the shipping industry.
Santa Ana, Calif., March 23, 2021--Global Eagle Entertainment today announced that it has successfully completed the sale of substantially all of the Company’s assets to a group comprising the Company’s first-lien investors and its operations have emerged from the Chapter 11 restructuring process.
Paris, France, March 19, 2021--Global space business development firm TerraMetric and Euroconsult, a global consulting firm focused on space, and satellite-enabled markets, have entered into a Preferred Strategic Partnership agreement. As part of the cooperation, TerraMetric and Euroconsult will collaborate in a wide range of comprehensive capabilities.
Washington, D.C. March 11, 2021 – Speedcast has successfully completed its restructuring process and today emerged from chapter 11 bankruptcy proceedings under the ownership of Centerbridge Partners, L.P. and its affiliates. Following Centerbridge’s USD $500 million equity investment in the company, Speedcast now has a clean balance sheet with no secured debt and a healthy cash balance, optimally positioning it as a stable, long-term partner for its employees, customers and vendors according to the company.
Melville, NY, March 11, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the second fiscal quarter ended January 31, 2021 and updated its financial targets for fiscal 2021. Fiscal 2021 Second Quarter highlights include:
Los Angeles, Calif., March 5, 2021--There are many exciting developments in the Satellite communication on the move (COTM) market. Among these developments, the most promising might just be the launch of flat panel antennas (FPAs) which aretransforming the Land, Maritime and Aeronautical COTM markets. FPAs may just supplant the traditional parabolic antennas, if the cost and economics would make it a feasible solution.
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