August M&A Transactions
August 1 – SES S.A. announced the closing of its $450m acquisition of DRS Global Enterprise Solutions Inc.
August 3 – Space simulation software provider Slingshot Aerospace Inc. announced that it acquired space data and analytics business Seradata Ltd. and the Space Domain Awareness division, which includes a ground-based network of sensors and telescopes for tracking space objects, of Numerica Corporation. The additions are expected to increase the company’s capabilities in space situational awareness.
August 4 – Private equity firm Antarctica Capital, LLC announced the acquisition, by its affiliates, of a controlling interest in geospatial intelligence company Descartes Labs, Inc. for an undisclosed price.
August 11 – Mobile satellite connectivity provider Anuvu Operations LLC announced an agreement to purchase Signal Mountain Networks, Inc., a provider of satellite communications services to the U.S. government, with the aim of expanding its footprint in the government sector. Financial terms of the acquisition were not disclosed.
SpaceX Partners with T-Mobile for Starlink Service
On August 25, Space Exploration Technologies Corp. (SpaceX) announced an agreement with T-Mobile US, Inc. (T-Mobile) whereby the two companies will partner to enable direct-to-mobile connectivity through integration of T-Mobile’s mid-band personal communication service spectrum with the second-generation satellites of SpaceX’s Starlink low-Earth orbit broadband constellation. On August 9, 12, 19, 27 and 30, SpaceX successfully performed 5 more launch missions for Starlink, launching batches of 52, 46, 53, 54 and 46 satellites, respectively, each time using a Falcon 9 launch vehicle.
