Orbcomm
Orbcomm gets no offers after contacting more than 50 potential buyers
Satellite operator Orbcomm said May 10 it did not get any alternative proposals in its 30-day “go-shop” period, which followed private equity firm GI Partners’ $1.1 billion acquisition offer.
Startup and established IoT satellite operators exchange blows in regulatory battle
U.S.-based startup Swarm Technologies and 28-year old Orbcomm, both pursuing the fast-growing market for connecting Internet of Things (IoT) sensors to satellites, are locked in a regulatory tussle over plans to expand overseas.
Private equity firm GI Partners plans to buy Orbcomm in $1.1 billion deal
Private equity firm GI Partners plans to buy satellite operator Orbcomm, which specializes in connecting industrial monitoring devices, for about $1.1 billion including net debt.
Orbcomm, AAC Clyde, Saab to build maritime communications cubesat, mull constellation
Satellite operator Orbcomm, smallsat builder AAC Clyde Space, and Swedish aerospace contractor Saab are working on a demonstration cubesat for maritime communications that could mark the beginning of a new constellation, the companies announced Aug. 24
JSAT delays earnings • Orbcomm confident during pandemic
Japanese satellite operator Sky Perfect JSAT is delaying its annual financial report by seven weeks, citing the coronavirus.
FIRST UP Satcom | Orbcomm satellite breaks up • OneWeb denies Russian investment talks
One of Orbcomm’s first-generation satellites broke up Dec. 22, resulting in 34 trackable objects, according to the U.S. Air Force’s 18 Space Control Squadron
FIRST UP Satcom | BridgeSat, Sitael joint forces on lasercomm; Orbcomm enters China; UK, Singapore plan quantum cubesat
Italian small satellite builder Sitael and American laser communications startup BridgeSat announced plans to form a joint venture in the European Union.
NBN preps business broadband offer with underused Sky Muster capacity
An NBN executive estimated the business service will use 15 percent of the capacity on the Sky Muster satellite system.
Orbcomm says remaining OG2 satellites are stable, inthinc acquisition boosting revenue
A communications glitch affecting three of Orbcomm’s second-generation satellites does not appear to afflict the other dozen spacecraft in the recently deployed constellation.
Spire, 40 cubesats in orbit, competing more directly in space-based ship-tracking market
Spire is wading deeper into the ship-tracking business, challenging established competitors operating fleets of much bigger satellites.
Three Orbcomm OG2 satellites malfunctioning, fate to be determined
Three satellites in Orbcomm’s recently launched fleet of low-Earth orbit satellites have ceased communicating, reducing the operator’s second-generation constellation by a third of its envisioned strength if not recovered.
OHB reports flat H1 revenue but still forecasts record year-end performance
Satellite and rocket-component builder OHB SE of Germany on Aug. 17 reported flat revenue but higher profit for the six months ending June 30 and reiterated its full-year revenue forecast based on sales volume late in the year.
Orbcomm’s delighted with Verizon’s IoT valuation but plays down AIS wins
Satellite machine-to-machine and Internet of Things services provider Orbcomm Inc. on Aug. 4 reported double-digit increases in quarterly revenue and gross profit and said its recent agreement with a Chinese conglomerate could open a vast new market for the company.
exactEarth bests Orbcomm for Canadian contract that shrank to a pittance
A battle between two companies over what they thought would be a large contract with the Canadian government for satellite-based maritime surveillance turned out to be a contest for peanuts in which the winner appeared to suffer more than the loser.
Orbcomm, exactEarth compete for key Canadian satellite-AIS contract
Canadian satellite maritime surveillance data provider exactEarth Ltd. on Feb. 9 debuted as an independent company and will get an early indication of its competitiveness in the coming weeks when the Canadian government decides a large contract.
