Tag Archives: Intelsat

BlackSky wins $50M loan for satellite infrastructure

BlackSky, a geospatial intelligence company with offices in Seattle and Virginia, says it’s secured a $50 million loan from the Intelsat satellite powerhouse to boost its nascent Earth observation constellation. In a news release issued today, the companies say the transaction will result … Continue reading

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Intelsat sues OneWeb broadband satellite venture

One of the world’s biggest satellite operators, Intelsat, is accusing the OneWeb broadband satellite venture and its biggest investor, SoftBank, of breach of contract, fraud and conspiracy in a lawsuit seeking what could amount to tens or hundreds of millions of dollars in damages. … Continue reading

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Intelsat-OneWeb satellite merger falls apart

The OneWeb satellite venture says it has terminated its deal for a mega-merger with Intelsat because not enough of Intelsat’s bondholders agreed to a debt swap. The deal would have been facilitated by a $1.7 billion investment from Softbank, but … Continue reading

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‘Coming-out party’ for Kymeta’s antennas

WASHINGTON, D.C. – Five years after its founding, the Kymeta antenna venture backed by Microsoft co-founder Bill Gates is releasing its first commercial product – and partnering with satellite operator Intelsat on a new broadband data service dubbed Kalo. Kalo (rhymes with … Continue reading

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SoftBank backs Intelsat-OneWeb merger

Intelsat and OneWeb today laid out plans for a mega-merger aimed at bolstering their satellite internet services, with a $1.7 billion investment boost from SoftBank. The arrangement is a head-turner, due to the complicated conditions of the deal as well … Continue reading

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