[Satellite Today 09-03-08] WildBlue Communications Inc. has secured $50 million in equity financing, the satellite service provider announced Sept. 3.
Terms of the financing, led by Liberty Media, Intelsat, the National Rural Telecommunications Cooperative and the private equity firm of Kleiner, Perkins, Caufield and Byers, were not disclosed.
WildBlue said the proceeds will fund the company’s customer equipment leasing program. The company also said it would expand its workforce in the areas of customer care and field service operations.
WildBlue Secures $50 Million to Finance Equipment Lease Program
Space42 and Skylo Test D2D Test on Thuraya-4
Space42 and Skylo conducted direct-to-device (D2D) testing on the Thuraya-4 satellite, successfully demonstrating both SMS and SOS messaging. The partners said in a July 9 announcement they expect to roll […]
Trending Now
-
Government/MilitaryL3Harris and Sierra Space Receive $1.75B for SDA Tranche 3, Tracking Layer
-
Government/MilitarySDA Set to Resume Launches With Second Plane of York Transport Layer Satellites
