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Anuvu Sells Maritime, Energy, and Government Connectivity Business to FMC GlobalSAT

By Mark Holmes | May 3, 2024

Anuvu CEO Josh Marks. Photo: Anuvu

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 core offerings. The completion of the deal was announced May 2.

Financial details of the sale were not disclosed.

Anuvu’s maritime, energy, and government connectivity business was originally established as MTN Satellite Communications. It supports nearly 4,000 terrestrial and maritime customer locations and millions of users. FMC GlobalSat said it plans to operate the business under the original MTN brand. The acquisition supports FMC’s vision of achieving network convergence between satellite and terrestrial networks and scales their platform as they deliver high-performing multi-orbit, multi-network solutions around the world.

The transaction excludes Anuvu’s maritime entertainment business, a provider of onboard entertainment and live events for cruise lines worldwide. Anuvu’s teleport infrastructure will remain with the company, supporting its robust demand for global in-flight connectivity services. Looking forward, Anuvu is headed toward operating a hybrid GEO and LEO network starting with the Anuvu Constellation as a bridge to provide the capacity airlines need now and well into the future.

“We are pleased to announce the completion of the sale of our maritime, energy and government business operations to FMC GlobalSat. With their vision and resources, FMC is well positioned to drive value for customers and accelerate growth within the industry,” Anuvu CEO Josh Marks commented.