News Analysis

AAC Clyde Space to Acquire US SpaceQuest

Uppsala, Sweden, October 15, 2020--AAC Clyde Space has reached an agreement to acquire 100 percent of the shares in SpaceQuest, Ltd in an all shares deal in a payment of 24,000,000 new AAC shares to the current owners of Space Quest. The acquisition is subject to approval by the AAC Extraordinary General Meeting (EGM) and The Committee on Foreign Investment in the United States (CFIUS).

Whither the Satcom Mobility Market?

by Virgil Labrador, Editor-in-Chief

Los Angeles, Calif., October 9, 2020--The Satellite Mobility market consists of three key verticals: the aeronautical/in-flight;  maritime and land mobile communications on the move (COTM) markets.  Of those three markets that cover the air, sea and land, two of those verticals are probably the hardest hit sectors of the satellite industry by the ongoing global COVID-19 pandemic.

 

Momentus to Become Public through Merger with Stable Road Acquisition Corp

Santa Clara, Calif., October 7, 2020--Momentus, a commercial space company offering in-space transportation and infrastructure services, today announced it has signed a definitive merger agreement with Stable Road Acquisition Corp. that will result in the company becoming publicly listed.

Comtech and Gilat Terminate Merger Agreement and Settle Lawsuit

Melville, NY, October 5, 2020--Comtech Telecommunications Corp. (Nasdaq: CMTL)  and Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT)  announced today that the companies have agreed to terminate the merger agreement first announced on January 29, 2020 and have settled all pending litigation in the Delaware Court of Chancery. In connection with the termination and settlement agreement, Comtech has agreed to make a payment of US$ 70.0 million to Gilat.

QuadSAT Closes €2 million Pre-Series A Investment

Odense, Denmark, September 10, 2020--QuadSAT, a Danish company providing innovative test and measurement systems of satellite antennas, announced today that it has closed a €2 million Pre-Series A Investment, the largest venture investment in a Danish drone tech company in history. The round was led by Seraphim CapitalVaekstfonden, the Danish state’s investment fund, and Angel Investor, Helge Munk. 

MarketBrief Report on Satellite in an OTT World

MarketBrief Report on Satellite in an OTT World sponsored by ST Engineering iDirect

A summary of the key trends and innovative approaches to satellite in an OTT world.  Featuring:

Satellite in an OTT World Report  by Elisabeth Tweedie

Interview with Hans Massart, Head of Media and Broadcast, ST Engineering iDirect

To read or download the pdf of full report click here.

GMV Merges its UK company with NSL

London, UK, September 7, 2020 - GMV Innovating Solutions, the UK aerospace company belonging to GMV, has signed a merger agreement with Nottingham Scientific Limited (NSL). GMV trades in the aerospace, defense, ICT and intelligent-transportation-systems markets while NSL is UK leader in satellite navigation and critical applications. After the agreement GMV becomes sole shareholder of NSL and sets up the company GMV NSL, to be integrated seamlessly into GMV’s set of companies.

Challenges to LEO HTS Megaconstellations

by Muhammad Furqan and Zoe Shahid

Brisbane, Australia, September 4, 2020--Exponentially increasing numbers of announced ambitious NGSO (Non-Geo Stationary Orbit) or LEO-HTS (Lower Earth Orbit – High Throughput Satellites) Mega Constellations have been creating waves in the world of technology. Their success will not be a mere disruption to the existing system, it will be a whole new system altogether.