OneWeb announced today that it has entered into an agreement with a consortium led by the UK Government (through the UK Secretary of State for Business, Energy, and Industrial Strategy) and Bharti Global for the acquisition of the OneWeb business in connection with its court-supervised sale process.
In the time of COVID-19 pandemic, when most activities are being conducted remotely, the effective and efficient management of satellite networks is more crucial than ever.
It is a vast land, making up three quarters of all Russia. It is an empty land, where fewer than one in four Russians live. Notorious for long, harsh winters but rich in gold and diamonds, oil and coal.
Haven’t we been using banal reasons to justify space exploration (and by extension satellites) like non-stick frying pans?” “Yes. Our nation has never had a philosophy of space exploration.”
With the retreat of the glaciers at the end of the last major ice age began the current (official) geological epoch – the Holocene. It is argued across the science community that the Holocene has, in reality, given way to the Anthropocene – the (proposed) new geological epoch dating from the beginnings of significant human impact on Earth’s geology and ecosystems, including, but not limited to, anthropogenic climate change.
Grass Valley announces the completion of its acquisition by private equity firm, Black Dragon Capital, from Belden Inc. The completion of the transaction, announced earlier this year, puts Grass Valley in an ideal position to continue driving innovation as it leads the media and entertainment industry's transition to a cloud-based future and pay-as-you-go business models.
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), announced that it has completed its acquisition of CPI ASC Signal Division Inc. (ASC) from Communications & Power Industries LLC (CPI) following the receipt of regulatory approval from all required government authorities and completion of other closing items.
Kongsberg Digital has acquired COACH Solutions, a supplier of software solutions for vessel performance and monitoring. The new name of the company will be KONGSBERG COACH Solutions.
COACH’s vessel performance monitoring system was developed by Danish shipping company Clipper Group and In 2016 was established as an independent company, COACH Solutions ApS. The company has grown rapidly, and its software currently has over 900 licenses running.
Thaicom Public Company Limited and CAT Telecom Public Company Limited today announced a satellite business joint venture in order to strengthen Thailand’s telecommunications infrastructure and to support the growth of the digital economy and satellite industries. The two companies are partnering to form a joint venture company called ‘Nation Space and Technology Company Limited’. The joint venture has a registered capital of Baht 10 million. Thaicom holds a 75 percent stake, whereas CAT holds a 25 percent stake in the joint venture.