Satellogic Completes Business Combination with CF Acquisition Corp. V

SVF Investment Corp. 3 (SoftBank) Completes Business Combination with Symbotic

June 7, 2022

AI & Machine Learning

Symbotic LLC completed a business combination with SVF Investment Corp. 3, a SoftBank-sponsored SPAC, and will operate as Symbotic Inc. with Class A shares trading on Nasdaq under the ticker SYM. The transaction provides significant growth capital to accelerate Symbotic's expansion and commercialization of its A.I.-enabled robotics and software platform, which has more than $11 billion in contracted orders.

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.

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.

Ergon Acquires Majority Stake in Satlink

January 4, 2022

Environmental Services

Ergon Capital Partners V (Ergon) has acquired a majority stake in Satlink, a Madrid‑headquartered provider of satellite-based hardware and proprietary data‑analytics solutions for maritime sustainability. Sellers include Artá Capital and founder Faustino Velasco, who will remain involved as Chairman while Artá stays on as a minority shareholder; Ergon will support Satlink's international growth and continued product development.

Intelsat Acquires Gogo's Commercial Aviation Business

August 31, 2020

Telecommunications

Intelsat agreed to acquire the commercial aviation business of Gogo for $400 million in cash, combining Intelsat's global satellite network with Gogo's installed base of more than 3,000 commercial aircraft. The deal (approved by the U.S. Bankruptcy Court for the Eastern District of Virginia) is intended to expand Intelsat's in-flight broadband capabilities and deliver integrated IFEC solutions to airlines and passengers.

Tailwind Two Acquisition Corp. Completes Business Combination with Terran Orbital Corporation

March 25, 2022

Aerospace & Defense

Tailwind Two Acquisition Corp. completed a business combination with Terran Orbital Corporation, resulting in Terran Orbital becoming a publicly traded company on the NYSE under the ticker LLAP on March 28, 2022. The combined company received approximately $255.4 million of gross equity and $175.3 million of gross debt financings from PIPE and debt participants including AE Industrial Partners, Beach Point Capital, Francisco Partners, Lockheed Martin, Fuel Venture Capital and others to fund manufacturing expansion and development of an earth observation satellite constellation.