Satellite Industry Intelligence Since 1983
Loral Space & Communications Inc. [NASDAQ: LORL] has announced the CAD 3.25 billion acquisition of Telesat Canada by Loral and the Public Sector Pension Investment Board (PSP Investments), including the transfer of Loral's fixed satellite services business Loral Skynet, has been completed.
Read MoreAurora Flight Sciences Corporation announced today that it has acquired Payload Systems, Inc. of Cambridge, Massachusetts effective October 26, 2007. Payload Systems was founded in 1984 with a mission to provide science and engineering services for spaceflight and terrestrial applications.
Read MoreThe assets have been acquired of a firm whose products operate in environments where wired are undesirable or impractical.
Read MoreFollowing their acquisition this last spring by GE, Satlynx has moved their headquarters.
Read MoreNovAtel Inc. (NASDAQ:NGPS), a Calgary-based provider of global navigation satellite technology, has struck a friendly deal to be acquired by one of its key customers, Hexagon AB [STO:HEXA.B] of Sweden, for US$50 per share, or US$390 million.
Read MoreHexagon AB [STO:HEXA B] and NovAtel Inc [NASDAQ:NGPS] are going to be the fastest of friends… the firms have entered into a definitive agreement under which Hexagon has agreed to acquire all the outstanding shares of NovAtel for US$50D per share.
Read MoreThe news blurted out the information early yesterday morning during the business report — Nokia is going to acquire NAVTEQ for an aggregate purchase price of about $8.1 billion (€5.7 billion), or approximately $7.7 billion (€5.4 billion) of NAVTEQ existing cash balance. That works out to about $78 per each share of NATBEQ, including outstanding options.
Read MoreEchoStar Communications Corporation’s [NASDAQ: DISH] Board of Directors has directed Management to pursue a possible separation of its businesses into two distinct ,publicly traded companies. EchoStar recently submitted a request to the Internal Revenue Service for a ruling as to the tax-free nature of the transaction. Under the proposed plan, EchoStar's U.S. consumer pay-TV business would continue to operate as the DISH Network.
Read MoreWe all knew it was going to occur, but now all is official! Industry Canada has approved the acquisition of Telesat Canada by Loral [NASDAQ:LORL] and their Canadian partner, the Public Sector Pension Investment Board (PSP Investments. On December 16th, 2006, the joint venture company formed by Loral and PSP Investments entered into a definitive agreement with BCE Inc. [TSX/NYSE:BCE] to acquire 100 percent of Telesat Canada’s stock from BCE for CAD 3.25 billion.
Read MoreNovAtel Inc. [NASDAQ: NGPS] has acquired privately-held Antcom Corporation, a communication company specializing in the design, development and manufacturing of antenna and microwave products for commercial and military customers in the space, ground and avionics telecommunications markets.
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