Amazon has acquired a team of wireless internet experts from Facebook’s satellite connectivity group in recent months. The news was first reported by The Information, and a Facebook company spokesperson confirmed the deal to Via Satellite on Wednesday.  Facebook Connectivity is a department within the company that works with internet service providers, mobile network operators,…

Earth Observation (EO) space startup Satellogic plans to go public through a special purpose acquisition company (SPAC) merger that values the company at $850 million. Satellogic announced July 6 that it will merge with CF Acquisition Corp. V, a SPAC sponsored by financial services firm Cantor Fitzgerald.  Satellogic has 17 commercial satellites in orbit, and…

Hungarian telecommunications company 4iG is in the midst of a deal to take a majority stake in Israeli satellite operator Spacecom.  4iG is negotiating to take a majority 51% stake in Spacecom in a deal estimated to be worth $65 million through private share placement. This values the company at $2.62 per share, about 68%…

Smallsat launcher Astra has moved to acquire propulsion company Apollo Fusion in a deal valued at up to $145 million. The company is pitching the acquisition as an opportunity to increase its addressable launch market, and deliver spacecraft to orbits beyond Low-Earth Orbit (LEO).  Apollo Fusion offers electric hall engines and has landed a number…