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Archive for the 'LAW & ORDER' Category

Germany blocks Chinese takeover of satellite firm on security concerns

December 8th, 2020 by

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.

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OneWeb emerges from Chapter 11

November 22nd, 2020 by

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.

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Comtech, Gilat terminate merger agreement

October 5th, 2020 by

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.

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Court approves sale of OneWeb to UK Government, Bharti Global

October 4th, 2020 by

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.

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Rocket Lab granted FAA launch operator license

September 2nd, 2020 by

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.

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SES responds to Intelsat’s leaving the C-band Alliance

February 23rd, 2020 by

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.

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