Satellite News

Germany has blocked the takeover of satellite and radar technology firm IMST by a subsidiary of state-controlled missile maker China Aerospace and Industry Group (CASIC) due to national security concerns.

OneWeb announced its emergence from U.S. Chapter 11 bankruptcy protection and achievement of all relevant regulatory approvals. A consortium of UK Government (through the UK Secretary of State for Business, Energy and Industrial Strategy) and Bharti Global, has invested US$1 billion of new equity to offer broadband connectivity services, via a constellation of 650 LEO satellites.

Comtech Telecommunications Corp. and Gilat Satellite Networks Ltd. announced that the companies have agreed to terminate the merger agreement first announced on 29 January 2020 and have settled all pending litigation in the Delaware Court of Chancery. In connection with the termination and settlement agreement, Comtech has agreed to make a payment of US$70.0 million to Gilat.

OneWeb, the communications company building a Low Earth Orbit (LEO) satellite constellation to deliver global connectivity, said it achieved a major step in its reorganisation process.

Rocket Lab has been granted a five-year Launch Operator License by the U.S. Federal Aviation Administration (FAA) for Electron missions from Rocket Lab Launch Complex 2.

SES S.A. Said it had noted comments made by Intelsat in its ex-parte submission to the U.S. Federal Communication Commission (FCC) dated 19 February 2020.

Intelsat and other satellite providers would receive as much as US$14.9 billion under a proposal from the U.S. Federal Communications Commission (FCC) to compensate them for giving up C-band spectrum that is to be auctioned to wireless companies.

The European Union announced EUR200 million (US$222 million) of funding for the Ariane 6 rocket launcher and for small and medium-sized space technology companies.