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Instinct for survival: Intelsat and Oneweb to merge using US$1.7billion SoftBank investment

Intelsat, one of the World’s major geostationary Earth orbit (GEO) communications satellite operators, and OneWeb, a new satellite operator planning to launch a constellation of 900 communications satellites into low-Earth Orbit (LEO), are to merge. The “combination agreement” was announced …

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Canada’s MDA to acquire US imaging company DigitalGlobe for US$2.4 billion

MacDonald, Dettwiler and Associates (MDA), the spacecraft manufacturing conglomerate, has announced that it will be acquiring US-based Earth-imaging company DigitalGlobe for US$2.4 billion. MDA is a Canadian company with significant interests in the US, including its California-based satellite manufacturer subsidiary, …

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Planet confirms acquisition of rival Terra Bella

The imaging satellite operator, Planet (formerly known as PlanetLab), has confirmed (3 February 2017) the completion of a deal with Google to acquire the Earth-imaging business Terra Bella, formerly known as Skybox Imaging. The agreement will see the entire Terra …

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SKY announces “satellite-less” online TV service

Share prices of the major European satellite operators SES and Eutelsat both fell after their major user, Sky PLC, announced that it was planning to start a “satellite free” multichannel television service via internet in 2018. The idea is to …

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Google decides it wants to sell recently acquired Terra Bella to rival Planet (Updated)

It has been reported that Alphabet Inc – the Google parent company – has entered into talks to sell its Earth imaging business, Terra Bella. Terra Bella, known as Skybox Imaging when it was acquired by Google in June 2014, …

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A surprise second round financing haul means OneWeb can forego a third

UK registered, US-based OneWeb announced on 19 December an unexpected end to its non-debt fundraising activities after securing US$1.2 billion. OneWeb, led by charismatic leader Greg Wyler, plans to build a low Earth orbit constellation of 648 communications satellites, plus …

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Avanti decides not to sell after securing refinancing deal

UK based, Fixed Service Satellite operator Avanti Communications Group, which put itself up for a potential sale in July, has announced that it has secured its finances into 2017, and no longer needs a buyer. The deal finalised on 20 …

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IAC 2016 Guadalajara: Sea Launch to be purchased by Russian airline

S7 Airlines, the Russian airline company, has signed an agreement with RSC Energia for the main assets of the Sea Launch business, including the two launch vessels, at the International Astronautical Congress (IAC) in Guadalajara.

The deal, signed on 27 …

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Spacecom set to be bought by Chinese conglomerate for US$285m

On 24 August, the major shareholders of the Israeli Fixed Service Satellite (FSS) operator, Spacecom (Space Communications), announced that they had agreed a deal that would see the company bought by Beijing Xinwei Technology Group, a large conglomerate based in …

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Avanti looks to raise US$50m by selling equity but is also open to a larger transaction

London-based regional satellite operator, Avanti Communications Group plc, announced on 11 July 2016, that it was to begin discussions with potential investors in order to raise at least US$50 million to meet upcoming costs.

The company then went a step …

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Eutelsat looks to sell its 33.69% stake in European FSS operator Hispasat

On 11 July 2016, Paris-based international satellite operator, Eutelsat Communications S.A., announced that it was looking to exercise a “put” option to sell its 33.69 per cent stake in Spanish FSS (Fixed Service Satellite) operator Hispasat S.A. Eutelsat has held …

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SES decides to buy all of O3b

Having previously taken control of the O3b Networks Medium Earth Orbit (MEO) communications satellite constellation by adding enough shares to achieve a majority holding of 50.5%, the global geostationary earth orbit communications satellite operator, SES, has decided to buy out …

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SKY Perfect JSAT overall revenue flat but satellite business increased by government contract

The Space and Satellite business segment of JSAT recorded revenue of JPY54.6 billion (US$480 million) – an increase of 2.3 per cent. Operating Income/EBIT for the space and satellite business was JPY18.6 billion (US$164 million), representing an increase 4.4 per …

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Eutelsat shares crash by 30% on revenues warning

Eutelsat Communications saw its share price of just over €27 fall by more than 30 per cent to just above €19 on 13 May 2016. The crash happened after the company revealed a projected decline in revenue for the period …

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