SpaceX, Sierra Space benefit from connectivity stock hikes
Investment in the space sector hit $6.5 billion in the first quarter of 2024, rebounding from two slow years following ...
Tag: Orbcomm
Company, market and tech developments in IoT satellite connectivity dominate start of 2022
New developments in companies, markets and innovation are marking the new year in the internet of things (IoT) sector of ...
Demand for IoT connectivity triggers ‘as-a-service’ business models in satellite
The demand for IoT connectivity is prompting satellite companies to develop “as-a-service” business models as they aim for global coverage, ...
Investment in space infrastructure sector soars in third quarter
Space infrastructure companies in Q3 saw the largest quarterly investment on record, generating $3.9 billion in new capital. The space infrastructure sector has raked in $10.3 ...
Peter Thiel’s $20M investment validates hyperspectral potential
U.S.-based hyperspectral information services company HySpecIQ announced Sept. 16 the closing of series B funding from venture capitalist Peter Thiel. ...
Spire Global buys exactEarth as investors increasingly leverage space to create momentum
Spire Global (NYSE:SPIR) today announced the acquisition of automatic identification system (AIS) provider exactEarth (TSX:XCT) for $161.2 million in the wake of its recent capital raise. The ...
Investment multiplies in IoT satellite connectivity as SpaceX discloses Swarm buy
The acquisition of Swarm Technologies by SpaceX disclosed last week positions the IoT sector of satellite connectivity as a target for investment. The deal, ...
Satcom awareness among mobile operators rises as investments progress
Satcom awareness among MNOs is rising as many face the need to deliver 100% 5G coverage as a condition of ...
Satellite sector rising amid growing private equity, corporate bond and investment activity
The prospect that the satellite sector is on the cusp of a boom is coming into focus amid finance trends ...
Enhanced IoT connections offset recent headwinds in revenues as new projects launch
An increase in IoT connections is translating into growth as several projects on the satellite and terrestrial sides of the ...
