Singapore Technologies Engineering said Oct. 1 it completed its acquisition of Belgian ground infrastructure provider Newtec.
ST Engineering to buy Newtec for $281M • C-Band Alliance hires former Intel exec • Phasor picks antenna manufacturing partner
ST Engineering said the acquisition will add “intellectual property, products and market access,” highlighting Newtec’s European presence, strength in broadcast, and recent successful low-Earth orbit communications testing with Telesat.
FIRST UP Satcom | Telesat tests Newtec modem with LEO satellite; Satellite IRG changes name; Maxar in home stretch on US domestication
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Multiple satellite communications companies say they are willing to team up with Chinese companies in order to sell into its sizeable but regulatorily challenging market.
ESA and Intelsat agreed to co-invest in a European ground technology provider to build hardware for Intelsat’s upcoming high-throughput Epic satellites.