Canadian satellite operator Telesat says it will complete its merger with Loral Space & Communications on November 19th and expects its shares to start trading publicly on the Toronto stock market next week. At the same time its shares will be open to trade on the Nasdaq exchange in New York and replace the Loral […]
David Williams and David Bestwick, who were two directors of Avanti Communications prior to the company going bankrupt back in 2018, have established a new business and now have a Nasdaq stock market listing. Arqit Quantum saw its shares commence trading on Sept. 7 having gone through a SPAC merger with Centricus Acquisition Corp., and […]
Ottawa-based satellite operator Telesat will be able to trade under its own name on the Nasdaq exchange later this year. The delay is down to its somewhat complex ownership structure. Telesat is part-owned by Loral Space & Communications (which is already quoted on the US Nasdaq). Loral’s shareholder approved the move on August 23rd whereby […]
Sir Richard Branson’s Virgin Orbit satellite launch system (and not to be confused with his Virgin Galactic passenger tourism venture) is set to go public with a NASDAQ quote. The company says its revenues will grow 100-fold by 2025 to $1.55 billion. Virgin Orbit has merged with one of the increasingly fashionable Special Purpose Acquisitions […]
Communications networks technologist CommScope has revealed plans to spin off its Home Networks business and other initiatives to reduce operating costs throughout the Company. Together, the planned separation of CommScope’s Home Networks business and operating expense reduction represent early steps in the Company’s CommScope NEXT strategy to optimise the business portfolio, drive above-market growth, and […]
New Zealand (and Los Angeles)-based RocketLab is to merge itself with a SPAC (Special Purchase Acquisition Company) called Vector and which will eventually list on the NASDAQ exchange (as RKLB). RocketLab launches rockets from New Zealand. Founded in 2006 by Peter Beck the company has also built a launch facility at Wallops Island, Virginia, US. […]