Intelsat announced in filings to the Securities and Exchange Commission (SEC) on Thursday that COO Samer Halawi is leaving the company at the end of the year. This comes a few weeks after CEO Steve Spengler announced he will retire once the company completes its ongoing Chapter 11 financial restructuring.  Intelsat said Halawi will remain…

Spire Global has completed its acquisition of exactEarth, it’s first acquisition since going public. ExactEarth provides satellite-AIS data services, which is used to track ships. Spire Global also provides satellite-AIS data services, and said this acquisition will add more than 150 customers, representing about $18 million in annual recurring revenue.  This acquisition has the potential…

Lockheed Martin on Tuesday named Robert Lightfoot as the next head of its $11 billion Space segment, succeeding Rick Ambrose, who will retire March 1, 2022. Lightfoot, currently vice president of operations for Lockheed Martin Space, will become executive vice president of the Space business on Jan. 1, 2022. Ambrose, who announced his plans to retire…

Anuvu, formerly known as Global Eagle, has secured a commitment for $50 million of growth capital to support its constellation plans. The company announced Tuesday that Apollo Capital Management LP, Sound Point Capital, Arbour Lane Capital Management LP and other investors have agreed to participate in the financial round. The company has also secured board…