Recent Finance News
Capital Raising Completed By SES For Full Acquisition Of O3b Networks
SES will use the proceeds raised to fund the total consideration of USD 730 million to increase its ownership of O3b to 100 percent.
Two Hundred Billion Yuan Generated By The Satellite Industry In China
Satellite technology has been widely used in various domains in China.
HawkEye360's Pathfinder Smallsats To Be Manufactured By Deep Space Industries & UTIAS SFL
HawkEye 360 will be operating the world’s first privately-funded constellation of small satellites in Low Earth Orbit (LEO).
The Federal Aviation Administration's Office Of Commercial Space Transportation Is Now Fully Funded
This amendment brings appropriations for this office in line with the President’s Budget Request and fully funds FAA/AST.
GEE, What A Day For EMC — Global Eagle Entertainment To Acquire Emerging Markets Communications
GEE will pay $550 million for EMC.
Ecometrica Garners Funding For Satellite Data Analysis Projects
The deal for Ecometrica is the first to be secured in Scotland from Clydesdale Bank’s recently launched Emerging Technology Unit.
Milbank Reps O3b Networks In Acquisition Deal By SES
SES also has a call option to acquire all of the remaining 49.5 percent of the shares in O3b for a baseline sum of $710 million.
Globalsat Group Appoints Chief Financial Officer To US Team... He Will Streamline Operations
“there is an increasing amount of business being done in Latin America which requires meeting a special set of challenges, involving organizational, financial, regulatory and human factors.
Deep Space Industries Partners With The Luxembourg Government...Goes International With Asteroid Mining
“We have been impressed by Luxembourg’s tangible actions to lead the creation of an asteroid resource economy.”
Mercury Systems Finalizes Microsemi Acquisition... On Schedule
“We’re pleased that this transaction was completed on schedule,"
Controlling Interest Of O3b Networks Now In SES Hands
SES will pay USD 20 million to increase its fully diluted ownership of O3b from 49.1 to 50.5 percent.
DigitalGlobe Signs On New International D&I Client
This agreement brings total commitments from customers for capacity on WorldView-3 and WorldView-4 since the third quarter of 2015 to $355 million
Mitsubishi Electric Group To Aid Victims Of Japanese Earthquakes
Mitsubishi Electric will also coordinate a matching gift program in Japan through the Mitsubishi Electric SOCIO-ROOTS Fund.
Novra Technologies + International Datacasting Corporation Agree To Merge + No Finder's Fee
By combining forces with IDC, Novra is well positioned to increase its market share in the data, radio and television broadcast segments along with Digital-Cinema, and IP-TV.
Bringing ORBCOMM and Skygistics Together Is Near Earth LLC
Skygistics provides a broad range of satellite and cellular connectivity options as well as telematics solutions centered around the management of remote and mobile assets to more than 250 telematics and enterprise customers.
Capacity Increase Via Thaicom Transponders Acquired By Forever Group
The contract is a major milestone in significantly increasing the utilization rate on Thaicom satellites.
Sold By Roscosmos To An Unnamed Buyer — Sea Launch
The concept is simple: a floating launch platform that sails to the Earth's equator to reduce launch costs.
Argentina's Arsat III Satellite Program Cancelled
Arsat II, currently in orbit, wil also require funding from outside of the state project.
GAO Reports On The DoD's Challenges To Space Acquisitions
This year, GAO's work on space acquisitions continued to show that DoD faces several major challenges as the agency undertakes efforts to change its approaches to space acquisitions.