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HawkEye 360 orders remaining 12 satellites for geolocation constellation from UTIAS

HawkEye 360 orders remaining 12 satellites for geolocation constellation from UTIAS

by Matt Wilson | Sep 19, 2019 | Finance, Satellites, Seradata News

On 18 September 2019, following on from their US$70m Series B round of funding raised in August, new-space company HawkEye 360 have ordered 12 small-satellites from Canadian, small-satellite manufacturer SFL UTIAS. This order for 12 units follows-on from initial...
Vector suspends operations while Founder and CEO Jim Cantrell leaves the company

Vector suspends operations while Founder and CEO Jim Cantrell leaves the company

by Matt Wilson | Aug 12, 2019 | Finance, Seradata News

Start-up space launch company Vector has run into financial trouble. Vector Launch Inc, announced, on 9 August, that it was “undertaking a pause in operations” following a “significant change in financing”. This coincides with the departure of...
Virgin Galactic to merge with already publicly traded Social Capital Hedosophia in US$1.3bn deal

Virgin Galactic to merge with already publicly traded Social Capital Hedosophia in US$1.3bn deal

by Matt Wilson | Jul 9, 2019 | Commercial human spaceflight, Finance, Seradata News, Space tourism

Space tourism operator Virgin Galactic (VG) and the investment partnership, Social Capital Hedosophia (SCH) announced on 8 July that they had agreed a deal that will see SCH shareholders own approximately 49 per cent of the new combined Virgin Galactic. The merger is...
Inmarsat shareholders approve takeover by Guernsey-based private consortium

Inmarsat shareholders approve takeover by Guernsey-based private consortium

by Matt Wilson | May 14, 2019 | Finance, Seradata News

On 10 May 2019, a 77 per cent majority of Inmarsat plc shareholders agreed to the purchase of the company by a private consortium, Connect Bidco Limited (Bidco), formed for this purpose. The deal is expected to be completed by the end of 2019. The purchasing...
SATELLITE 2019: Arianespace orders the first 14 production units of new Ariane 6 rocket

SATELLITE 2019: Arianespace orders the first 14 production units of new Ariane 6 rocket

by Matt Wilson | May 9, 2019 | commercial launch services, Finance, Seradata News

Having finally received the fixed number of “institutional launches” that the company needed, Arianespace have officially placed an order for the first 14 series-production units of their next-generation launcher, Ariane 6, on 6 May. This follows an ESA...
Inmarsat shareholders approve takeover by Guernsey-based private consortium

Inmarsat board backs takeover offer from Triton private consortium

by Matt Wilson | Mar 20, 2019 | Finance, Seradata News

UK-based Inmarsat plc, a global provider of MSS (Mobile Satellite Service) satellite communications, announced on 19 March, that it had received a non-binding cash offer from the Triton consortium of private investors. Triton’s takeover bid values Inmarsat at US$3.3...
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