Technology

Money
Connectivity

Gilat Sells Spacenet for $16 Million

[Via Satellite 08-19-13] Gilat Satellite Networks has entered into a definitive agreement to sell its Spacenet Inc. subsidiary to Tulsa, Okla.-based SageNet. The aggregate consideration for the sale is approximately $16 million, subject to certain post-closing...
Ardusat
Technology

NanoSatisfi Sends Crowd-Funded Satellites into Space

The ArduSat 1 and ArduSat 10 satellites, partly built in Australia, assembled by U.S.-based company NanoSatisfi, and funded by crowd-funding website KickStarter, are currently on board the Japanese cargo module HTV4, which launched from the Japanese island of Tanegashima on August 4.