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Telesat to merge with long-time majority owner Loral to form a new publicly-traded company

Telesat to merge with long-time majority owner Loral to form a new publicly-traded company

by Matt Wilson | Nov 24, 2020 | Finance, Seradata News

Telesat Canada and majority shareholder Loral Space & Communications have declared their intention to merge and form a new Canadian company, temporarily named New Telesat. The announcement, on 24 November, outlined the planned ownership of New Telesat and its...
AAC Clyde Space to build and operate 10-unit CubeSat constellation funded by ESA and UK Space Agency

AAC Clyde Space to build and operate 10-unit CubeSat constellation funded by ESA and UK Space Agency

by Matt Wilson | Nov 24, 2020 | ESA, Finance, Satellites, Seradata News

AAC Clyde Space has won an ESA contract for the xSPANCION programme, as announced on 18 November. xSPANCION intends to orbit 10 CubeSat-class spacecraft to provide Earth observation and communications products. This will enable businesses to utilise space-based data...
Raytheon announces intention to buy smallsat manufacturer Blue Canyon Technologies

Raytheon announces intention to buy smallsat manufacturer Blue Canyon Technologies

by Matt Wilson | Nov 11, 2020 | Finance, Seradata News

Raytheon Technologies, a major American aerospace and defence manufacturer anounced on 10 November 2020 its intention to acquire the entirety of Blue Canyon Technologies (BCT). BCT is a leader in the small satellite industry providing whole satellite or specific...
Virgin Orbit plans to take stake in struggling Sky and Space Global

Virgin Orbit plans to take stake in struggling Sky and Space Global

by Matt Wilson | Nov 2, 2020 | Finance, Seradata News

Announced on 28 October, are the plans of upcoming small launch provider Virgin Orbit to purchase part of Sky and Space Global (SAS). SAS intends to orbit a CubeSat constellation providing IoT services. However, following the launch of their three demonstration units...
November sale of OneWeb to British/Indian interest? Now approved by bankruptcy court and US agencies

November sale of OneWeb to British/Indian interest? Now approved by bankruptcy court and US agencies

by Matt Wilson | Oct 28, 2020 | Constellation, Finance, History, Seradata News

The Bankruptcy Court for the Southern District of New York announced its approval of the joint British/Indian takeover bid of Chapter 11 company OneWeb on 2 October. This allows the sale of the company to take place and it is hoped this will be completed by the end of...
AAC Clyde Space to build and operate 10-unit CubeSat constellation funded by ESA and UK Space Agency

European small satellite manufacturer AAC Clyde Space to acquire US company SpaceQuest

by Matt Wilson | Oct 20, 2020 | Finance, Seradata News

Announced on 15 October 2020, is the intention of European smallsat manufacturing group, AAC Clyde Space, to purchase USA-based company SpaceQuest. This deal will benefit AAC Clyde as it attempts to expand its presence and market share in the lucrative American...
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