Terran Orbital is busy building satellites including 600 for Rivada Networks, but a group of investors are concerned about the company’s depressed share price and demanding that the CEO Marc Bell be replaced – and the current role of CEO and Chairman be divided. The investors also want an urgent strategic review of the business. […]

Rivada Space Networks, based in Munich, has been facing something of a challenge lately from China and the threat from what are described as “hostile” interests over the frequencies formerly used by Kleo Connect and which Rivada is lawfully using for its mega-constellation of a total 600 satellites. Rivada has an order with Terran Orbital […]

Satellite builder Terran Orbital, flushed with the success after successfully seeing 10 of its satellites launched by SpaceX on September 2nd for the US Space Development Agency, is raising more cash. Terran Orbital, based in Boca Raton Florida, is to sell 23.2 million shares at $1.40 a share. The offering will close on September 21st. […]

A report on Fox News, citing comments “from SpaceX investors” says an IPO from Elon Musk’s Starlink broadband-by-satellite operation is expected “this year”. The comments are far from fanciful, and Musk has frequently commented about a likely IPO either for SpaceX itself or Starlink, but has always finished his comments by saying “but not yet”. […]

Sunil Bharti Mittal, the Indian billionaire telecoms tycoon and executive chairman of OneWeb, which is in the process of merging with Paris-based Eutelsat, said a secondary listing in London was a plan “we will deliver”. “The benefit is that you have a varied investor base to address to, but this is more a requirement of […]

MBC Group, the Dubai and Riyadh-based pan-Arab broadcaster, will reportedly mount an IPO next year. Reports out of the Gulf say that MBC is working with investment bankers HSBC and JPMorgan Chase on the potential plan. At the moment, the amount to be raised and the structure of the float are unclear. Current ownership of […]

Broadpeak has declared its initial public offering (IPO) on Euronext Growth Paris was a “major success”. The streaming tech specialist hit its total gross transaction of €20 million. The offer oversubscribed 1.5 times with total demand of €28.3 million, including €25.1 million requested by institutional investors and €3.2 million requested by individual investors. The company […]

Elon Musk says that he is unlikely to take his Starlink broadband-by-satellite system into public ownership for another three to four years. Musk emphasised, as he has previously, that the Starlink business needs to be “in a smooth sailing situation” with “good predictability” before it goes public. “I’m not sure exactly when that [IPO] is, […]

Video streaming software solutions provider Broadpeak has had its Registration Document approved by France’s stock market regulator, l’Autorité des Marchés Financiers (AMF). This approval marks the first step in Broadpeak’s planned IPO on the Euronext Growth market in Paris, which remains subject to market conditions and AMF approval of the relevant prospectus. “Since its creation, […]

Elon Musk will be hoping for more luck with a launch of 46 of his Starlink broadband satellites today (February 21st) at 9.44am EST time. The last batch of Starlinks launched on February 3rd saw 40 totally destroyed by a geomagnetic storm. This latest launch on a Falcon 9 rocket from Florida’s Cape Canaveral Space […]