SpaceX launched the fourth in its series of dedicated rideshare missions April 1, placing one relatively large satellite and dozens of smallsats into low Earth orbit.
Is the rapidly expanding market for connecting Internet of Things devices to satellites set for a shake-up as two billionaires, both with reputations for challenging the status quo, plot forays into the industry?
Companies that operate both geostationary satellites and low Earth orbit constellations say they see opportunities to acquire complementary firms but cautioned that a long-projected consolidation of the industry isn’t likely in the near future.
Swiss startup Astrocast is considering becoming a public company to expand its constellation for connecting internet of things (IoT) devices.
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.
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.
A SpaceX Falcon 9 launched 143 small satellites for a wide range of customers Jan. 24 on the company's first dedicated rideshare mission, a service that poses a competitive threat to emerging small launch vehicles.