Focus: Mergers and Acquisitions
April 26, 2024
The anticipated merger of Bayanat, an AI-powered geospatial solutions provider, and Yahsat, the UAE’s flagship satellite operator, is now close to completion. The shareholders of both companies approved the proposed merger of the two Abu Dhabi-headquartered entities to create Space42, a global AI-powered space technology company. Yahsat announced the combined shareholder approval on April 25.…
April 12, 2024
Satellite operator Viasat announced Thursday that it opened its new International Business Headquarters in London following its acquisition of UK-based Inmarsat last year. The Viasat London office will be the home for the company’s integrated teams with a strong focus on technology innovation and scaling execution to support its UK and global customers across maritime,…
April 5, 2024
Euroconsult and SpaceTec Partners are merging to create a new company, Novaspace. The two companies that have a combined 60 years of experience in covering the space sector will aim to create a strong combined company in the areas of market intelligence, consulting, events. The two companies announced the merger, April 5. Novaspace has 10…
April 3, 2024
Iridium completed its acquisition of long-time partner Satelles and integrated the company’s Satellite Time and Location (STL) service. Iridium announced the completion of the company’s first-ever acquisition on April 2. Iridium first announced the acquisition in March. Satelles’ service, now referred to as Iridium STL, secures GPS and other GNSS-reliant systems from spoofing and jamming,…