Satellite Industry Intelligence Since 1983
Steve Jurvetson and his DFJ partners have agreed to lead a major investment in space transportation provider SpaceX, PE Week (peHUB’s sister publication) has learned — the round could be worth upwards of $60 million, and would include existing SpaceX backer Founders Fund.
Read MoreGlobalstar, Inc. has entered into definitive agreements with select institutional investors, including a number of existing stockholders and Thermo Funding Company LLC, to raise gross proceeds of up to $55 million, before deducting placement agent fees and other estimated offering expenses, in a registered direct offering.
Read MorePCI Geomatics has received funding from the Going Global Innovation (Going Global) for its project on finalizing and generating new partnerships in China.
Read MoreGlobalstar, Inc. (Nasdaq:GSAT) has signed an agreement with a syndicate of banks for a $586 million credit facility to be supported by credit insurance from Coface, the export credit agency acting on behalf of the French government.
Read MoreComtech Telecommunications Corp. [Nasdaq:CMTL] announced today that its Orlando, Florida subsidiary, Comtech Systems, Inc., has received a $1.6 million increase in funding to its previously announced AN/TRC-170 engineering and support contract, with a total funding to date under this contract is $9.4 million.
Read MoreThe process for DigitalGlobe's IPO has been in the works for well over a year, and now the final touches are being made known for its planned $250 million initial public offering.
Read MoreThe Nigerian parliament has pledged to financially assist Nigerian Communication Satellite (NIGCOMSAT) in its NigComSat 2 and 3 initiatives, which will help boost the country’s information and telecommunications sector, as well as boost the company’s financials.
Read MoreGlobalstar, Inc. (Nasdaq:GSAT) has announced that Coface has agreed to provide a guaranty in support of a proposed $574 million credit facility to be extended by a syndicate of banks to Globalstar as borrower.
Read MoreAurora Flight Sciences has announced the Company, MIT's Manned Vehicle Laboratory (MVL), and the MIT Humans and Automation Laboratory (HAL) recently won a NASA Small-Business Technology Transfer Research proposal to develop a software system that performs command and control of a diverse team of mobile robots, operating in a variety of control modes, to perform multi-agent planetary exploration.
Read MoreTo the tune of $530 million, SIRIUS XM Radio has temporarily staved off bankruptcy, thanks to a rescue by Liberty Media.
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