T-Mobile CEO John Legere is stepping down. The wireless operator announced that its Board of Directors has named Mike Sievert as CEO, effective May 1, 2020. Currently President, COO and a Board Director, Sievert will assume the CEO role from John Legere after the conclusion of Legere’s contract on April 30, 2020. Sievert’s new title…

BlackSky, a provider of geospatial intelligence, satellite imaging, and global monitoring services, secured a $50 million senior secured loan from Intelsat. The transaction results in an industry first, creating a strategic relationship that pairs Earth Observation (EO) with a global communications infrastructure. The new capital aims to allow BlackSky to augment existing assets and alliances,…

Luokung Technology, a Chinese spatial-temporal big-data processing technology company, revealed that Geely Technology Group and Acuitas Capital have made strategic investments in Luokung through the purchase of preferred shares and common stock. The investment of $42.5 million from Geely prompted Luokung to complete the acquisition of 51 percent of eMapgo Technologies. As a result, Luokung will…

Orbital Insight completed a $50 million Series D financing. The funding round was co-led by Sequoia Capital and Clearvision Ventures, with participation from new investors Invicta Growth, Bunge Ventures, Chevron Technology Ventures, Goldman Sachs, Tech Pioneers Fund, and others. Returning investors include GV, Geodesic Capital, SKY Perfect JSAT, Intellectus Partners, and Lux Capital. Orbital Insight…