March 5, 2024
 

Daily News Feed
 
In This Issue: Iridium to Acquire Satelles to Bolster Alternative PNT Capabilities | Lockheed Martin Makes Bid to Acquire Terran Orbital | NASA Cancels OSAM-1 Mission Citing Cost and Schedule Issues | Rivada Receives UK Market Access from Regulator | Post-Dish Merger, EchoStar Reports Cash Crunch to Fund Debts 
TOP STORY

Iridium to Acquire Satelles to Bolster Alternative PNT Capabilities
Iridium is acquiring longtime partner Satelles for its alternative positioning, navigation, and timing (PNT) service. Iridium plans to use Satelles Satellite Time and Location (STL)……[continued]
Finance
Lockheed Martin Makes Bid to Acquire Terran Orbital
Lockheed Martin made an offer to acquire Terran Orbital on Friday, and Terran Orbital responded by adopting a limited duration stockholder rights plan, which is……[continued]
Government/Military
NASA Cancels OSAM-1 Mission Citing Cost and Schedule Issues
NASA made the decision to cancel the On-orbit Servicing, Assembly, and Manufacturing 1 (OSAM-1) mission, citing technical, cost, and schedule challenges. NASA announced the decision……[continued]
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Connectivity
Rivada Receives UK Market Access from Regulator
Rivada Space Networks’s now has market access in the United Kingdom after independent communications regulator Ofcom granted the company a license that enables the company……[continued]
Finance
Post-Dish Merger, EchoStar Reports Cash Crunch to Fund Debts
In EchoStar Corporation’s first financial results after merging with Dish Network, the company disclosed that it has “substantial doubt about its ability to continue” without……[continued]
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Technology
ICYMI: Satellite Technology of the Year Nominees for 2023
The Via Satellite Technology of the Year award recognizes breakthrough technology achievements and how they impact the industry. This award is now in its sixth year, and……[continued]
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