shutterstock oil rig ITC Global

ITC Global Talks Motives for Panasonic Avionics Acquisition

[Via Satellite 05-27-2016] Panasonic Avionics’ acquisition of ITC Global last year took many in the industry by surprise when announced at the SATELLITE 2015 Conference & Exhibition. The deal brought together one of the industry’s most prominent In-Flight Connectivity (IFC) providers with one of its most well known providers of remote connectivity for the energy, [...]

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O3b Graphic SES

SES Raises $1 Billion to Buy All of O3b Networks

[Via Satellite 05-27-2015] SES raised $1.01 billion in a recently completed capital raising to fund the acquisition of the remaining shares in O3b Networks. After investing $20 million on April 29 to go from 49.1 percent to 50.5 percent ownership, the company now plans to use the proceeds raised to fund the total consideration of [...]

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Myanmar

Myanmar Teams with Intelsat to Advance 2G and 3G Wireless Networks

[Via Satellite 05-27-2016] Myanmar’s Ministry of Transport and Communications (MOTC) has entered an agreement with Intelsat to use services from two of the operator’s satellites to advance the deployment of the country’s wireless communications infrastructure and expand broadband access for businesses. The multi-year, multi-transponder agreement awarded under the authority of the MOTC will allow the [...]

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Prospector X Deep Space Industries

Deep Space Industries to Manufacture HawkEye 360 SmallSats

[Via Satellite 05-27-2016] HawkEye 360, a subsidiary of Allied Minds, has selected Deep Space Industries and its sub-contractor, the University of Toronto Space Flight Laboratory (SFL) as the manufacturer for its Pathfinder small satellite cluster. Deep Space Industries has also chosen to participate in HawkEye 360’s first preferred financing round. HawkEye 360 is developing a [...]

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