Boeing will acquire Millennium Space Systems, a provider of agile, small-satellite solutions, under an acquisition agreement that will expand Boeing's satellite and space portfolio, talent, and capabilities. California-based Millennium Space Systems was founded in 2001 and develops high-performance satellites for exacting missions ranging from 50 kilogram (kg) to more than 6,000 kg. The acquisition, which…

Asia Satellite Telecommunications (AsiaSat) released its interim results for the six months ending June 30, 2018. Overall revenue is up 14 percent to HK$730 million ($93 million) from HK$642 million ($81.8 million) in 2017. The increase is attributed to the full six-month revenue from the leases of Asia Sat 8 and AsaSat 4, and additional revenue from…

UrtheCast and Land O'Lakes have entered a binding term sheet for the purchase of Geosys Technology Holding, a wholly owned subsidiary of Land O'Lakes, for a purchase price of $20 million. This deal is expected to enhance the relationship between imagery data and geoanalytical solutions. The closing of the transaction is subject to confirmatory due…

DigitalGlobe, a Maxar Technologies company, appointed two leaders to the World Geospatial Industry Council (WGIC), formed during the 8th session of the United Nations Global Geospatial Information Management (UN-GGIM) held on Aug.2, 2018. DigitalGlobe President Dan Jablonsky will serve as a patron of the organization, and DigitalGlobe Senior Vice President Amy Minnick will serve as…