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Intelsat invests in lower orbits as Musk’s SpaceX upends sector

Satellite operator has taken stakes valued between $5M to $25M in 4 companies

Bloomberg NewsbyBloomberg News
September 11, 2023
in Investments, News
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Intelsat SA, the world’s biggest geostationary satellite operator, is making a series of bets on companies that focus on handsets and lower orbits as the older industry players are trying to keep up with upstarts like Elon Musk’s Space Exploration Technologies Corp. “We’re starting to place some strategic bets,” Intelsat Chief Executive Officer David Wajsgras […]

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