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Archive for the 'BUSINESS' Category

Astroscale closes largest funding round to date

November 25th, 2021 by

Astroscale Holdings Inc. announced it closed its Series F round with additional funding of US$109 million from a group of new investors led by THE FUND Limited Partnership in Japan, with participation from international investors. This is the largest funding round in the company’s history and brings the total amount raised to US$300 million.

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Voyager Space and Space Micro Inc. announce strategic agreement

November 22nd, 2021 by

Voyager Space Inc. announced its intent to acquire a majority stake in San Diego-based Space Micro. Space Micro is an engineering-driven business focused on advancing high-performance satellite communications, digital, and electro-optical systems with over 2.7 million hours of space flight heritage.

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Voyager Space and Space Micro Inc. announce strategic agreement

November 22nd, 2021 by

Voyager Space Inc. announced its intent to acquire a majority stake in San Diego-based Space Micro. Space Micro is an engineering-driven business focused on advancing high-performance satellite communications, digital, and electro-optical systems with over 2.7 million hours of space flight heritage.

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Telesat becomes a public company

November 20th, 2021 by

Telesat Corporation announced that it is now a public company and will begin trading on the Nasdaq Global Select Market (“NASDAQ”) and the Toronto Stock Exchange (“TSX”) under the ticker symbol “TSAT.”

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Rocket Lab to acquire space hardware company Planetary Systems

November 16th, 2021 by

Rocket Lab USA has signed a definitive agreement to acquire Planetary Systems Corporation (PSC), a Maryland-based spacecraft separation systems company, for US$42 million in cash and 1,720,841 shares of the company’s common stock, plus the potential for an additional 956,023 shares of common stock for a performance earnout based on PSC’s CY 2022 and 2023 financial results. The acquisition is expected to close in the fourth quarter of 2021.

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Mynaric starts trading on Nasdaq

November 14th, 2021 by

Mynaric AG, a developer and manufacturer of high-speed and high-security laser communication products for air and spaceborne applications in government and commercial markets, announced the pricing of its initial public offering of 4,000,000 American Depositary Shares, representing 1,000,000 ordinary bearer shares at a public offering price of US$16.50 per ADS.

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