Focus: Financial
October 11, 2019
Days after SES announced its groundbreaking deal with Microsoft, Via Satellite caught up with SES CEO Steve Collar at the International Broadcasting Convention (IBC) 2019 in Amsterdam. Collar had spoken on a panel with the CEOs of Intelsat, Telesat, Eutelsat, and Viasat at World Satellite Business Week (WSBW) about a number of issues ranging from…
October 9, 2019
Satelles, a provider of satellite-based time and location services, raised $26 million in Series C funding. C5 Capital led the round, with participation from Iridium Communications and existing investors. This new investment brings Satelles's total funding since the launch of its platform to $39 million and will help the company expand its sales and marketing…
October 2, 2019
Relativity Space closed a $140 million Series C funding round led by Bond and Tribe Capital. With this $140 million funding round, Relativity is fully funded for its plans to launch an entirely 3D printed rocket to orbit and enter commercial service in early 2021. The Series C round includes participation by new investors Lee Fixel,…
October 1, 2019
Singapore Technologies Engineering (ST Engineering) completed the acquisition of a 100% ownership in Newtec, following the fulfillment of completion conditions, including the receipt of applicable regulatory approvals. The consideration of approximately $383 (250 million euros) on a cash-free and debt-free basis for the Proposed Acquisition, subject to closing adjustments, is payable in cash. "Now, as…