Recent Finance News
From A Mod To A Technical Refresh, Lockheed Martin Has More Work On AEHF
Needed work on AEHF will be handled by Lockheed Martin Space Systems Company.
Partnership 'Tween Vocality Int'l + Kingston University To Develop Connectivity Solutions
A knowledge transfer partnership (KTP) grant worth £262,000 has been awarded to Vocality International to assist in the development of these ground breaking new ubiquitous technologies.
Fair Weather Ahead As Spire Closes Series B Round Of Funding... Plans Expansion Of Weather Sats From 20 To 100+
The latest round of financing comes at a time when the need for advancements in weather and maritime data is at an all-time high.
Funding To The Tune Of $500 Million Obtained By OneWeb For Their Microsatellite Constellation
“The dream of fully bridging the digital divide is on track to be a reality in 2019.”—Greg Wyler, Founder, OneWeb.
OneWeb Signs On With Arianespace For 21 Soyuz Launches + Options For Eight Additional Pushes
The first launch will take place in late 2017 and the full deployment will be completed by the end of 2019.
exactEarth Plans Their IPO
exactEarth is jointly owned by COM DEV and Hisdesat Servicios Estrategicos S.A. (the "Selling Shareholders").
Gray Eagles + SATCOM Terminals In The Contract Mix For General Atomics Aeronautical Systems
The estimated completion date is September 30, 2018.
The "Re-Foundation" Of Arianespace
"The planned increase in Airbus Safran Launchers' stake in Arianespace reinforces our confidence in the future."—Stéphane Israël, Chairman + CEO, Arianespace.
Russia's Vostochny Cosmodrome To Play A Major Role In $1 to $2 Billion Satellite Launch Deal
The contract is the largest in commercial space history.
Harris To Provide Support for Air Force Satellite Control Network Antenna Sites
Work is expected to be complete by Sept. 29, 2015.
Scottish Enterprise Awards Spire ... Funds For Glascow's New Satellite Engineering + Development Office
“The confidence placed in us from Scotland enables us to expand our global footprint to attract the skills and talent we need to deliver on the next generation of weather satellites.”—Peter Platzer, CEO, Spire.
Harris Brings Their Tactical Radio Expertise To Support The Australian Defence Force
This is a performance-based contracting model that supports the ADF's the Joint Project 2072 Battlespace Communications program.
An Upcoming Satellite Build Will Include COM DEV International Equipment
Work will be carried out at COM DEV's facilities in Cambridge over the next year.
Naval Surface Warfare Center Has Iridium Support From NAL Research
Work will be performed in Manassas, Virginia, and is expected to be completed by May 2020.
A Sensory Acquisition For Logos Technologies Via The Naval Air Warfare Center Aircraft Division
The research conducted will leverage previous quick reaction capability efforts in the domains of wide area airborne surveillance, hyperspectral imaging, high resolution imaging, and light detection and ranging.
COM DEV's Newly Expanded European Facilities To Work On New Ferrite Switch Contract + Latest Acquisition Is Completed
"These ferrite switch network assemblies are complex and demanding and it is one area where the UK has a strong lead, not only in Europe but also across the world."—Rob Spurrett, President, Systems Division, COM DEV.
Ultra Electronics Holdings Buys Kratos' U.S. + U.K. Operations Of Electronic Products Division = $265 Million
for $260 million in cash to be paid at closing....
A Hubless VSAT Deal For PolarSat With An Asian Government Network
"This is also further evidence of the suitability of PolarSat’s full mesh hubless architecture to provide high reliability governmental networks."—Ron Mankarious, V.P., Sales and Marketing, PolarSat.
Super-Powered, Million Dollar Plus Contract For Comtech Xicom Technology's Super-Power TWTAs...
"We believe this order is the first of many we expect to receive," said Dr. Stanton Sloane, President + CEO, Comtech Telecommunications Corp.