
Financially Speaking… Globalstar, Inc…
Globalstar, Inc. (Nasdaq:GSAT) has completed a financing of approximately $738 million.
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Globalstar, Inc. (Nasdaq:GSAT) has completed a financing of approximately $738 million.
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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.
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Globalstar, 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.
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PCI Geomatics has received funding from the Going Global Innovation (Going Global) for its project on finalizing and generating new partnerships in China.
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Globalstar, 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.
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Comtech 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.
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The 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.
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The 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.
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Globalstar, 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.
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Aurora 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.
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