MDA Space to Acquire SatixFy Communications for $193 Million

Endurance Acquisition Corp. Completes Business Combination with SatixFy Communications

October 27, 2022

Telecommunications

Endurance Acquisition Corp. completed its previously announced business combination with SatixFy Communications Ltd., making SatixFy a publicly traded company expected to trade on the NYSE American under the ticker SATX. The deal keeps SatixFy's management in place (David Ripstein continuing as CEO) and brings Endurance's CEO Richard Davis onto SatixFy's board, providing SatixFy access to public markets and capital to scale its satellite communications chipset, antenna and payload business.

RocketStar Acquires Miles Space

January 22, 2024

Aerospace & Defense

RocketStar announced it has acquired Miles Space and closed a $2.0 million seed financing that also converted $1.4 million of notes into Series Seed equity. The acquisition brings Miles Space's electric thruster and digital signal processing communications capabilities into RocketStar’s portfolio to accelerate development of fusion-enhanced propulsion, in-space communications, and launch offerings.

SES S.A. Acquires Intelsat S.A. for $3.1 Billion

July 17, 2025

Telecommunications

SES S.A. agreed to buy Intelsat S.A. by purchasing 100% of the equity of Intelsat Holdings S.a.r.l. for $3.1 billion, creating a more robust multi-orbit satellite operator. SES later completed the acquisition, integrating the companies into a strengthened global satellite operator with an expanded GEO/MEO fleet and broader connectivity solutions.

Satellogic Completes Business Combination with CF Acquisition Corp. V

January 25, 2022

Aerospace & Defense

Satellogic Inc. completed a business combination with CF Acquisition Corp. V (CFV), and its Class A ordinary shares and warrants began trading on Nasdaq on January 26, 2022 under the tickers SATL and SATLW. The transaction provides Satellogic approximately $262 million in gross proceeds—including a $100 million PIPE led by SoftBank's SBLA Advisers and Cantor Fitzgerald and a $150 million private placement commitment from Liberty Strategic Capital—to scale its satellite constellation and expand its high-resolution Earth-observation and analytics capabilities.

Gogo Inc. to Acquire Satcom Direct

September 30, 2024

Transportation

Gogo Inc. entered into a definitive agreement to acquire Satcom Direct to create a multi-orbit, multi-band global in-flight connectivity provider for business aviation and military/government mobility markets. The deal includes $375 million in cash and five million Gogo shares at closing, with potential additional payments of up to $225 million tied to performance thresholds over the next four years.

Iridium Communications Acquires Satelles

March 4, 2024

Telecommunications

Iridium Communications has agreed to acquire Satelles, a provider of satellite-based Satellite Time and Location (STL) services that harden and complement GNSS timing and location systems. Iridium will pay about $115 million for the remaining ~80% of Satelles (it already owned ~20%), will fold STL into a new Iridium business line led by Satelles CEO Dr. Michael O'Connor, and expects the capability to drive significant service revenue growth.