April Mergers & Acquisitions
April 2 – Iridium Communications, Inc. (Iridium) announced that it completed the acquisition of positioning, navigation and timing start-up Satelles, Inc., rebranded as Iridium STL. Iridium expects the time and location services offered by Iridium STL to generate more than $100m in annual revenues by 2030.
April 5 – European space consulting firms Euroconsult S.A. and SpaceTec Partners, Inc. announced that they are merging to form Novaspace, which will offer services in management and technical consulting, events, and market intelligence.
April 15 – Aerospacelab S.A. announced that it closed the acquisition of Belgian optics manufacturer Advanced Mechanical and Optical Systems S.A.
April 30 – SES S.A. announced that it entered into a definitive agreement to acquire Intelsat S.A. for $3.1b, subject to regulatory approvals. The transaction, which is expected to close in the second half of 2025, stands to produce a multi-orbit satellite operator with roughly $4b in annual revenue and 100 geostationary and 26 medium Earth orbit satellites.
