[Satellite Today 01-09-09] Israeli defense contractor Elbit Systems signed a share purchase agreement with holders of more than 90 percent of Shiron Satellite Communications, Elbit announced Jan. 8.
Elbit Systems Land, a subsidiary of Elbit, and C4I Tadiran offered to buy 100 percent of Shiron’s issued share capital for $16 million.
Shiron, a privately owned Israeli company, develops satellite communications systems to provide broadband satellite services to remote locations.
Elbit Offers Stock Share Buyout of Shiron Satellite Communications
By 
Jeffrey Hill
Jeffrey Hill
U.S. State Department Taps SpaceX’s Starlink for Two-Year Disaster Response Initiative
The U.S. Department of State signed a two-year Memorandum of Understanding (MoU) with SpaceX to utilize the Starlink satellite internet system to enhance international disaster preparedness and U.S. humanitarian response […]
Trending Now
-
Government/MilitaryViasat Secures PTS-G U.S. Space Force SSC Swarm 1 Contract
