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Archive for the 'BUSINESS' Category

Takeover bid for Inmarsat

March 20th, 2019 by

Shares in Inmarsat Plc jumped 16% after the British satellite operator said it was in talks about a US$3.3 billion cash takeover approach from a private equity-led consortium.

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OneWeb secures $1.25 billion in new funding after successful launch

March 18th, 2019 by

OneWeb said it has secured its largest fundraising round to date with the successful raise of US$1.25 billion in new capital. This brings the total funds raised to US$3.4 billion. This round was led by SoftBank Group Corp., Grupo Salinas, Qualcomm Technologies Inc., and the Government of Rwanda.

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Telesat Canada results 2018

March 3rd, 2019 by

Telesat Canada announced its financial results for the three-month and one-year periods ended 31 December 2018.

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Globalstar, Inc. results 2018

March 3rd, 2019 by

Globalstar, Inc. announced financial and operating results for the fourth quarter and year ending 31 December 2018.

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Iridium Communications Inc. results 2018

March 3rd, 2019 by

Iridium Communications Inc. reported financial results for the fourth quarter of 2018.

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Firefly announces mass production facility, Cape Canaveral launch site

February 24th, 2019 by

Firefly Aerospace, Inc., a provider of launch vehicles, spacecraft and in-space services, announced the execution of a binding term sheet with Space Florida, under which Firefly will establish business operations at Cape Canaveral Spaceport, including launch operations at Space Launch Complex 20 and manufacturing facilities at Exploration Park, Florida.

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