SpacePath's high power amplifier (HPA) product line will now be a part of ETL's portfolio.
Merger and Acquisitions
The acquisition marks a pivotal milestone for PIF-backed NSG, significantly enhancing its geospatial and earth observation capabilities.
The agreement follows nearly six months after Lockheed Martin initially proposed acquiring Terran Orbital.
The new investment will mark e& enterprise’s entry into the Turkish IT services and cloud market.
Gilat expects its annual revenues from Stellar Blu to be between $100m and $150m beginning in 2025, driven by Stellar Blu’s robust backlog.
Anuvu’s maritime, energy, and government connectivity business was originally established as MTN Satellite Communications.
SES and Intelsat will operate a combined fleet of more than 100 Geostationary Earth Orbit (GEO) and 26 Medium Earth Orbit (MEO) satellites.
The merger is subject to further regulatory approvals in the UAE and internationally.
The acquisition will combine the companies’ expertise, resources, and talent to advance satellite manufacturing and deployment.