Satellite News

Eutelsat Communications said initiated the process of divesting its stake in Hispasat by exercising the put option granted in 2008 by Hispasat’s majority shareholder, the Abertis Group.

Thales Alenia Space has signed a definitive agreement to acquire RUAG’s opto-electronics business line. The transaction is subject to the usual closing conditions, and should be finalised by the end of the year.

SES S.A. announced the successful completion of the merger of RR Media with its wholly-owned subsidiary, SES Platform Services.

Thales Alenia Space has set up an Innovation Cluster tasked with accelerating the development of innovative projects. Open to all employees, at all levels across the company, this participative initiative is designed to bolster the company’s innovation culture.

SES S.A. announced that, having received all of the necessary regulatory approvals, the company exercised its call option and offered to acquire the remaining shares and warrants of O3b Networks.

Airbus Group SE and Safran have finalised the creation of their Airbus Safran Launchers 50/50 Joint Venture, which becomes a fully-fledged operational company.

Spaceflight Industries announced it has secured $18 million of Series B financing led by technology growth investor Mithril Capital Management of San Francisco, in a round that is expected to raise up to US$25 million. The company also announced it has acquired Herndon, Virginia-based OpenWhere, Inc. to further enhance and execute on its BlackSky geospatial data platform for satellite imagery.

exactEarth Ltd. announced its financial results for the three- and six-month periods ended 30 April 2016.