GI Partners, a U.S.-based investor in data infrastructure businesses has reached an agreement to acquire Internet of Things (IoT) provider Orbcomm in an all-cash deal that values Orbcomm at $1.1 billion. This deal, which is expected to close in the second half of 2021, will make Orbcomm a private company and its stock will no…

Voyager Space Holdings has completed its acquisition of The Launch Company, it announced April 2. The acquisition was first announced in November 2020. The Launch Company develops standardized hardware and works to support space launches through automation.  This is the latest milestone for Voyager Space Holdings, which is working to create a vertically integrated publicly…

Redwire has officially added its name to the list of space companies going public through a special-purpose acquisition corporation (SPAC). The space infrastructure conglomerate, which includes recently acquired entities such as Deployable Space Systems, LoadPath, Roccor, and Made in Space, announced March 25 that it will merge with Genesis Park Acquisition Corp. Genesis Park is…

Speedcast has successfully completed its restructuring process and emerged from Chapter 11 proceedings, the company announced Thursday. Speedcast is now under the ownership of Centerbridge Partners, L.P. and its affiliates.  Centerbridge invested $500 million of equity in the company, and Speedcast now has a clean balance sheet with no secured debt.  Speedcast filed for Chapter…