Global Markets - Latest Developments


New York, USA, December 22, 2022

Tata Communications, a global digital ecosystem enabler, today announced it has entered into a definitive agreement through its wholly owned international subsidiary Tata Communications (Netherlands) B.V. to acquire The Switch Enterprises LLC. New York-headquartered, The Switch is an end-to- end live video production and transmission services provider with reach to top tier sporting venues in North America.

South Korea, December 22,2022

 

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.

Melbourne, FL, December 18, 2022


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.

Westminster, CO, December 16, 2022

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.

Washington, DC, December 15, 2022

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.

Paris, France, December 15, 2022

Euroconsult, the leading space consulting and market intelligence firm announces the return of LATSAT, the Latin American summit dedicated to the satcom, connectivity, and Earth observation sectors. The 6th edition supported by ARSAT and the Argentinian Government will be taking place on May 23-24, 2023, in Buenos Aires, Argentina.

Rockville, MD, December 8, 2022

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.

Baku, Azerbaijan, December 5, 2022

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.

Arlington, VA, November 17, 2022

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:

Paris, France, November 15, 2022

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.