South Korea, December 22,2022 - Boryung Co. announced on Dec. 21 that it has decided to make a strategic investment of US$50 million in Axiom Space, Inc., a U.S. company promoting the construction of the world’s first commercial space station.
In early 2022, Boryung announced the “Care in Space” (CIS) project, with the goal of looking for new business opportunities related to space healthcare in order to preemptively respond to the upcoming space age.
L3Harris Technologies (NYSE: LHX) and Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) together announced the signing of a definitive agreement for L3Harris to acquire Aerojet Rocketdyne for $58 per share, in an all-cash transaction valued at $4.7 billion, inclusive of net debt.
This marks L3Harris’ second acquisition announcement of 2022, demonstrating its continued focus on delivering critical capabilities to warfighters while strengthening the nation’s defense industrial base through increased competition.
Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced that it has entered into a definitive merger agreement to be acquired by Advent International (“Advent”), one of the largest and most experienced global private equity investors, in an all-cash transaction that values Maxar at an enterprise value of approximately US$ 6.4 billion. Advent is headquartered in the United States and has a demonstrable track record as a responsible owner of defense and security businesses.
NAB Show is launching a new awards program to recognize individuals, companies and products for outstanding innovations in media technology that promote conservation and reusability of natural resources and foster economic and social development. The NAB Show Excellence in Sustainability Awards will be presented during a special ceremony on the Main Stage at NAB Show on April 16, 2023 in Las Vegas.
The SATELLITE Conference and Exhibition is pleased to announce this year’s Tuesday and Wednesday Opening General Session keynote speakers. Tuesday’s Opening General Session will feature Dave Limp, Senior Vice President of Devices & Services at Amazon, and Wednesday’s Opening General Session will feature Steve Collar, CEO of SES.
The International Astronautical Federation (IAF) met with the science and educational institutions of Azerbaijan to present the 74th International AustronauticalCongress to be host by Azercosmos, an IAF member since 2018.
Boeing [NYSE: BA] today announced a series of executive leadership changes and reorganizations aimed at accelerating operational discipline, first-time quality and performance while streamlining senior leadership roles and responsibilities.
Effective immediately, Boeing Defense, Space & Security (BDS) will consolidate its eight divisions into four, including:
Following the issuance by the employee representative bodies of their opinion on the proposed combination between Eutelsat Communications and OneWeb announced on 26 July 2022, the Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) has approved the transaction.
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) today reported its results for the third quarter ended September 30, 2022. The company reported revenues of US$ 60.4 million, up 21% year-over-year, GAAP operating income of US$ 3.4 million versus US $0.8 million in Q3 last year, and adjusted EBITDA of US$ 7.3 million, up 88% year-over-year.
