Focus: Mergers and Acquisitions
November 20, 2023
Telenor Group is selling its Telenor Satellite subsidiary to Space Norway, the company announced last week. Both entities are owned by the Norwegian government. Telenor is Norway’s majority state-owned telecommunications company, and Space Norway is owned by the Norwegian Ministry of Trade, Industry and Fisheries and is a key part of the country’s activities in…
November 1, 2023
MDA closed on its acquisition of SatixFy Space Systems UK (SSS) on Oct. 31, the company announced. MDA announced its plan to acquire the digital payload division of SatixFy Communications in late August to bolster its offerings in the digital satellite communications market. The SSS division is based in the United Kingdom and MDA said…
October 13, 2023
Stellant Systems is acquiring Comtech’s Power Systems Technology (PST) product line for $40 million, the companies announced Friday. Stellant is acquiring the PST product line to strengthen its portfolio of radio frequency (RF) amplification products. The transaction is expected to close by the end of this month and is subject to regulatory approvals. The sale…
September 28, 2023
One of the biggest deals in the satellite sector has been completed. Eutelsat completed the all-share combination with OneWeb on Sept. 28. This follows after Eutelsat shareholders approved the deal on Thursday. This combination now forms Eutelsat Group. This finally concludes the merger announced more than a year ago, bringing together one of the largest…