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LEO satellite market moves: LeoSat gains an investor while Globalstar looks for a buyer

LEO satellite market moves: LeoSat gains an investor while Globalstar looks for a buyer

by Matt Wilson | May 15, 2017 | Finance, Satellites, Seradata News

Sky Perfect JSAT Corporation (SJC), the leading Asian Fixed Satellite Service (FSS) operator in the geostationary arc, has announced that it will invest in LeoSat, a start-up operator developing a low Earth orbit (LEO) data services satellite constellation. The value...
Instinct for survival: Intelsat and Oneweb to merge using US$1.7billion SoftBank investment

Instinct for survival: Intelsat and Oneweb to merge using US$1.7billion SoftBank investment

by Matt Wilson | Mar 1, 2017 | Finance

Intelsat, one of the World’s major geostationary Earth orbit (GEO) communications satellite operators, and OneWeb, a new satellite operator planning to launch a constellation of 900 communications satellites into low-Earth Orbit (LEO), are to merge. The...
Canada’s MDA to acquire US imaging company DigitalGlobe for US$2.4 billion

Canada’s MDA to acquire US imaging company DigitalGlobe for US$2.4 billion

by Matt Wilson | Feb 24, 2017 | Finance, Seradata News

MacDonald, Dettwiler and Associates (MDA), the spacecraft manufacturing conglomerate, has announced that it will be acquiring US-based Earth-imaging company DigitalGlobe for US$2.4 billion. MDA is a Canadian company with significant interests in the US, including its...
Google decides it wants to sell recently acquired Terra Bella to rival Planet

Google decides it wants to sell recently acquired Terra Bella to rival Planet

by Matt Wilson | Jan 10, 2017 | Finance

It has been reported that Alphabet Inc. – the recently formed Google parent company – has entered into talks to sell its Earth Imaging business, Terra Bella. Terra Bella, known as Skybox Imaging when it was acquired by Google in June 2014, was bought for...
A surprise second round financing haul means OneWeb can forego a third

A surprise second round financing haul means OneWeb can forego a third

by Matt Wilson | Dec 23, 2016 | Constellation, Finance, Seradata News

UK registered, US-based OneWeb announced on 19 December an unexpected end to its non-debt fundraising activities after securing US$1.2 billion. OneWeb, led by charismatic leader Greg Wyler, plans to build a low Earth orbit constellation of 648 communications...
Avanti decides not to sell after securing refinancing deal

Avanti decides not to sell after securing refinancing deal

by Matt Wilson | Dec 22, 2016 | Finance, Satellites

UK based, Fixed Service Satellite operator Avanti Communications Group, which put itself up for a potential sale in July, has announced that it has secured its finances into 2017, and no longer needs a buyer. The deal finalised on 20 December, will result in a US$242...
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