Satellite News

AAC Clyde Space has reached an agreement to acquire 100 % of the shares in Hyperion Technologies BV, in a shares and cash deal.

GHGSat announced it has successfully completed the first tranche of Series B funding, raising US$30 million and more than doubling the total amount raised since GHGSat was founded to over US$55 million.

Intelsat announced that it has entered into a definitive agreement to acquire the commercial aviation (CA) business of Gogo, the largest global provider of in-flight broadband connectivity, for US$400 million in cash, subject to customary adjustments.

Hughes Network Systems, LLC and OneWeb announced that Hughes has become a world-wide distribution partner for OneWeb.

Telesat announced its financial results for the three-month and one-year periods ending 31 December 2019.

Globalstar, Inc. announced financial and operating results for the fourth quarter and year ending 31 December 2019.

Iridium Communications Inc. reported financial results for the fourth quarter of 2019.

Kleos Space S.A, a space-powered Radio Frequency Reconnaissance data-as-a-service (DaaS) company, headquartered in Luxembourg, secured a EUR3.1 million loan agreement with Dubai-based family office Winance to progress its commercialisation plans and repay the extant convertible note. Winance will further provide optional EUR6.0 million through a convertible note agreement, subject to final documentation.