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.
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.
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.
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New York City, NY, September 3, 2020--For all of history, water has been the stuff of life, flowing in rivers nearby or drawn up from the hidden streams that flow underground.
Ottawa, Canada, September 3, 2020--Calian Group has acquired Tallysman Wireless, a manufacturer of precision Global Navigation Satellite Systems (GNSS) antennas, and related components.The definitive agreement is valued at up $24.5 million. Amount paid on closing is $15.7 million (net of cash received) and contains two earnout periods of $4M and $4.8M based on the achievement of a certain level of EBITDA performance over the next 30 months. Tallysman’s results will be consolidated and reported with Calian’s Advance Technology segment.
Lake Forrest, Calif., September 2, 2020--Applied Composites Holdings announced today that it has acquired Alliance Spacesystems, a leading, vertically integrated provider of high-performance composite structures and assemblies for the commercial, civil and government satellite market.
McLean, VA, August 31, 2020–Despite being in bankruptcy proceedings, Intelsat (OTC: INTEQ), today announced that it has entered into a definitive agreement to acquire the commercial aviation business of Gogo (NASDAQ: GOGO), the largest global provider of in-flight broadband connectivity, for US$ 400 million in cash, subject to customary adjustments.
Redmond, Wash., August 18, 2020--Kymeta Corporation acquired Lepton Global Solutions LLC which will become a wholly owned direct subsidiary of Kymeta Corporation. Established in 2013, Lepton Global Solutions is a provider of satellite-based customized turnkey communications solutions and services with expertise in the Intelligence Community (IC), Special Operations Command (SOC) and other government sectors.