Since Intelsat’s bankruptcy filing in May 2020, the company has portrayed its bankruptcy and restructuring as a triumphant march to continued and greater success, with an “Intelsat Onward” website and a tone of positivity. The latest development in the operator’s bankruptcy proceedings came in mid-February, when Intelsat announced that it had filed a plan of…

Launcher Rocket Lab plans to go public through a special purpose acquisition company (SPAC) to finance development of reusable launch vehicle with an 8-ton payload capacity, called Neutron.  Rocket Lab on Monday announced its plans to go public through a merger with Vector Acquisition Corporation, in a deal that will value the company $4.1 billion.…

Spire Global announced plans to go public through a special purpose acquisition company (SPAC) on Monday — a two-for-one space SPAC day as launcher Rocket Lab debuted plans as well.  Spire, which collects spaced-based data through a constellation of over 100 satellites, plans to merge with NavSight Holdings in a deal that values the combined company…

AT&T has reached a deal with TPG Capital to spin off its U.S. video business unit of DIRECTV, AT&T TV, and U-verse. The transaction, announced Feb. 25., will separate AT&T’s U.S. video business into a new company named DirecTV.  The deal values the business at $16.3 billion. AT&T expects to receive $7.6 billion in cash…