Finance
May 3, 2024
Anuvu is streamlining as it looks to focus on its core markets of in-flight connectivity (IFC), and in-flight and maritime entertainment. The company sold its maritime, energy, and government connectivity business operations to FMC GlobalSat. The deal includes all customers, employees and key operations, and marks a strategic move for both entities to strengthen their…
May 3, 2024
Lockheed Martin has pulled back on its offer to acquire Terran Orbital, the company disclosed in filings to the Securities and Exchange Commission on May 2. According to the filing, Lockheed Martin withdrew its offer to acquire Terran Orbital for $1 per share on April 30. Lockheed made the bid in early March. In response to…
May 2, 2024
Though it long had been the subject of rumors, SES's agreement to finally acquire Intelsat still sent shockwaves through the satellite industry as the result will see the merge of two iconic global operators. Via Satellite spoke to a number of analysts to analyze the deal from the strength of the operators' multi-orbit assets, to…
April 30, 2024
SES and Intelsat closed the chapter on the will they/won’t they story, with news on Tuesday that SES will acquire Intelsat for $3.1 billion. It is a massive piece of industry consolidation, bringing together two of the largest satellite operators for a combined company with around $4 billion in revenue, more than 100 satellites in…