Elizabeth Warren, AOC Ask SVB Depositors to Detail Ties to Bank
Signage outside Silicon Valley Bank headquarters in Santa Clara, California. / Source: Bloomberg Senator Elizabeth Warren of Massachusetts and Representative...
Investments
Branson’s rocket-launch firm Virgin Orbit files for bankruptcy
Virgin Orbit Holdings Inc. filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to...
SES confirms merger talks with Intelsat
Satellite communications provider SES has confirmed that it is discussing a potential $10 billion merger with fellow satcom provider Intelsat....
Virgin Orbit ceases operations after failing to find funding
Virgin Orbit Holdings Inc., the satellite-launch company tied to British billionaire Richard Branson, is ceasing operations indefinitely, succumbing to growing...
Globalstar receives $200M in financing
Satellite communications provider Globalstar on Wednesday announced that it has entered a purchase agreement for the sale of $200 million...
SES, Intelsat near deal to create $10 billion satellite giant
SES SA is in advanced talks to combine with rival Intelsat SA to create a European satellite giant that can...
Billionaire Branson sits out Virgin Orbit’s costly flameout
Richard Branson was long a force to be reckoned with in the booming private space business. The British serial entrepreneur...
Satcom providers hint at future M&A
Satellite communications providers are keen to make investments in 2023, but it’s not clear any major mergers or acquisitions are...
Space investors react to SVB failure
Space companies and investors will be more conservative and diverse with banking options after the collapse of Silicon Valley Bank...
Gilat to acquire DataPath
Satellite communications provider Gilat Satellite Networks will acquire Duluth, Ga.-based software company DataPath Inc. to expand its defense business sector....
