Global Markets - Latest Developments


Paris, France, July 25, 2022

Eutelsat and key OneWeb shareholders sign a Memorandum of Understanding with a view to combining Eutelsat and OneWeb in an all-share transaction. Eutelsat shareholders and OneWeb shareholders would each hold 50% of the Eutelsat shares. Eutelsat will combine its 36-strong fleet of GEO satellites with OneWeb’s constellation of 648 low Earth orbit satellites, of which 428 are currently in orbit. 

Northumberland, UK, July 19., 2022

Raytheon Intelligence & Space announced its intention  to acquire space domain awareness, orbital analysis, space surveillance and tracking start-up, Northern Space and Security (NORSS).

The UK-based startup was founded five years ago by Ralph Dinsley, a Royal Air Force veteran. The company currently provides orbital analyst technical services to the UK Space Agency. It has also won a contract with the UK Ministry of Defense recently for developing a new simulator system for future British military satellites.

Cape Town, South Africa, July 12, 2022

2022 marks the 25th anniversary of the world’s single largest Africa-focused technology and telecommunications event – Africa Tech Festival, including its anchor events AfricaCom and AfricaTech.  Recognising its star power as an event that attracts significant local and international business, the City of Cape Town has come on board as a partner, with the status as Host City for Africa Tech Festival 2022, as part of its Invest Cape Town initiative.

​​​​​​​The July-August 2022 issue of the Satellite Executive Briefing magazine sponsored by Spacebridge is now available. Featuring: Winds of Change in the Asia-Pacific Market by Blaine Curcio Executive Roundtable on the Latin American Satellite Broadband Market by Bernardo Schneiderman Is Hosting EO Gateways a Good Business by Robert Bell Celebrating Satellite’s Quarter Century Past: Protecting the Space Century Ahead  by Martin Jarrold Better Satellite World Series: How Space Saves Lives PLUS Products and Services Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics and many more. 
Munich, Germany, July 5, 2022

Mynaric (NASDAQ:MYNA)(FRA:M0Y) and L3Harris (LHX) today signed agreements related to an investment in Mynaric by L3Harris and to future collaboration. With the strategic investment, the companies seek to build on their existing collaboration in the airborne domain and widen the scope to cover all domains including space, air, maritime and ground.

Oslo, Norway, July 5, 2022

 Kongsberg Defence & Aerospacehas entered into an agreement to acquire Lithuanian smallsat mission integrator and bus manufacturer NanoAvionics. NanoAvionics is a leading smallsat mission integrator and bus manufacturer with significant global growth in recent years, including expansions into the United Kingdom and the United States.

London, UK, July 1, 2022

Providence Equity Partners completes of the acquisition of a majority shareholding  from Apax Partners SAS.
 Under the agreement terms, Apax will retain a significant minority shareholding in Marlink, and the current management team and Ardian have also committed to minority interests.

London, UK, July 1, 2022

With IBC Show set to return to the RAI Amsterdam this September after two years of virtual formats, IBC (International Broadcasting Convention) announced&

El Segundo, Calif., June 17, 2022

Impulse Space  today announced it has secured US$ 10 million in funding by Lux Capital, the venture capital firm focused on emerging science and technology ventures. Following the recently raised US$ 20 million seed round funding led by Founders Fund, this sets Impulse on an accelerated path toward its mission to provide agile, economic capabilities to access any orbit according to the company.

London, UK, June 17, 2022

The world’s largest Africa-focused technology and telecommunications event turns 25 this year and is set to return to Cape Town, South Africa in November after a 2-year digital hiatus. Africa Tech Festival, home of AfricaCom, will welcome exhibitors, delegates, and policy makers from all over the world from 7 – 11 November 2022, to continue shaping the continent’s digital transformation and progress.