SpaceX hits bonanza again with US$100m follow-on financing
Elon Musk’s SpaceX has disclosed US$100m in financing as a follow-on to its series H round unveiled in July, valuing the company ...
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UrtheCast secures US$175m in investor financing as work begins on Earth observation constellation
Canada-based startup UrtheCast has secured US$175m-plus in financing from undisclosed institutional investors to fund its UrtheDaily smallsat constellation, and expects to ...
Connecting the IoT puzzle | Viewpoint
Now is the time to connect the pieces of the IoT market to realise the next big revenue generator for ...
SpaceX clears US$351m in investment causing company’s valuation to soar into stratosphere
Elon Musk’s SpaceX has raised US$351m in financing as part of a series H round, valuing the company at US$21.2bn ...
Greg McCray to leave Google Fiber unit with expansion still on hold | Executive Moves
Greg McCray is leaving Alphabet’s Access unit that includes US high-speed internet venture Google Fiber, after being hired as its CEO in February. The ...
European mobile giants have ‘deep concerns’ about EECC spectrum talks
Europe’s largest telcos are calling on EU ministers to back an “investment-friendly” spectrum regime or risk stifling growth for decades, ...
Globalstar must raise US$114m by October as part of restructuring agreement
Private equity-backed satellite operator Globalstar (NYSE MKT:GSAT) has agreed with its creditors to seek US$114m in funding by 30 October as part of a restructuring effort. ...
PE firm to merge RCN and Grande with Wave Broadband in a US$2.4bn deal
TPG Capital has agreed to acquire US internet provider Wave Broadband for roughly US$2.4bn with an eye on creating the sixth largest cableco in ...
Globalstar works with Allen & Co to explore sale – sources
Private equity-backed Globalstar is understood to be working with boutique bank Allen & Co as the US-based satellite operator considers a sale, ...
Nokia’s potential sale of Alcatel Submarine Networks resurfaces amid diverging strategies
Finnish equipment vendor Nokia’s long-time desire to shed its Alcatel Submarine Networks business may be nearing an end as its focus on next-generation ...
