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Bharti Global to increase OneWeb investment by US$500 million, completing financing for constellation

Bharti Global to increase OneWeb investment by US$500 million, completing financing for constellation

by Matt Wilson | Jun 30, 2021 | Finance, Seradata News

Bharti Global, based in India, intends to increase its investment in LEO constellation operator OneWeb by a further US$500 million, making it the biggest shareholder. The announcement, made on 29 June, details that Bharti has decided to exercise a call option it had...
Space companies eyeing up public listing to fund future growth

Space companies eyeing up public listing to fund future growth

by Matt Wilson | Jun 29, 2021 | Finance, Seradata News

Yahsat GEO satellite operator Yahsat announced its intention to start publicly trading at least 30 per cent of its shares on 21 June. The company based in and primarily-owned by the United Arab Emirates hopes to be listed on the Abu Dhabi Securities Exchange by Q3...
Iridium wins US$30 million US Army contract

Iridium wins US$30 million US Army contract

by Derek Goddard | Jun 25, 2021 | Finance, Seradata News

Iridium Communication was awarded a research and development contract worth up to US$30 million by the United States Army on 24 June 2021. This contract is to develop a new payload, based on Iridium Burst® technology, to be hosted on small satellites supporting...
US EXIM returns to the scene supporting SpaceX launch contract for Hispasat

US EXIM returns to the scene supporting SpaceX launch contract for Hispasat

by Matt Wilson | Jun 22, 2021 | commercial launch services, Finance, Satellites, Seradata News, SpaceX

Spanish GEO satellite operator Hispasat secured a launch contract with SpaceX on 21 June. The mission will utilise a Falcon 9 vehicle and is intended to launch in time for the new Amazonas Nexus satellite to replace the older Amazonas-2 retiring in 2024. The contract...
AAC Clyde to build and operate two more CubeSats for Horizon Technologies

AAC Clyde to build and operate two more CubeSats for Horizon Technologies

by Matt Wilson | Jun 17, 2021 | Finance, Satellites, Seradata News

British company Horizon Technologies has returned to AAC Clyde Space – builder of its precursor satellite – for two further units. A new turn-key contract signed on 16 June orders two 6U-CubeSats from AAC Clyde for the Horizon Technologies, Amber Space...
Hungarian company proposes to buy Israeli AMOS Spacecom

Hungarian company proposes to buy Israeli AMOS Spacecom

by Matt Wilson | Jun 16, 2021 | Finance, Satellites, Seradata News

Hungarian telecommunications company and aspiring satellite operator 4iG Plc has proposed to buy 51 per cent of Israeli operator AMOS Spacecom. The deal is reportedly valued at US$65 million (Israeli New Shekel NIS215 million). This values AMOS shares 68 per cent...
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