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Archive for the 'BUSINESS' Category

ST Engineering acquires satcom anti-jamming capabilities

September 18th, 2019 by

Singapore Technologies Engineering Ltd (ST Engineering) announced that its U.S. subsidiary iDirect Government, LLC (iDirectGov) has acquired 100% ownership in Glowlink Communications Technology, Inc (Glowlink).

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Iridium awarded 7-year, US$739 million contract by U.S. DoD

September 16th, 2019 by

Iridium Communications Inc. announced that it has been awarded a US$738.5 million, seven-year, fixed-price contract with the United States Department of Defense through the U.S. Air Force Space Command (AFSpC) to provide unlimited satellite services from its Low Earth Orbit (LEO) constellation.

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Airbus is streamlining and consolidating its activities in Italy

September 8th, 2019 by

Following shareholder approval and its registration in the Chamber of Commerce, Airbus’ Italian space subsidiary Space Engineering has officially changed its name to Airbus Italia S.p.A.

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Kleos Space to start procurement of 2nd cluster of satellites

August 26th, 2019 by

Kleos Space S.A. announced it has entered into a binding term sheet for a EUR1.83 million debt instrument, to be issued in the form of secured convertible notes.

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Vector Launch Inc. apparently in trouble

August 11th, 2019 by

Vector Launch Inc. (Vector) announced that it is “undertaking a pause of operations in response to a significant change in financing.”

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ViaSat Inc. results Q1 FY 2020

August 11th, 2019 by

Viasat Inc. announced financial results for the fiscal first quarter ending 30 June 2019.

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