Dallas-based communications technology company COMSovereign Holding (Nasdaq: COMS) has acquired Israel-based aerial rotorcraft developer Sky Sapience in a $12.7 million deal that combines $2.7 million in cash and 2.55 million in stock. Sky Sapience offers the HoverMast tethered drone product line for airborne wireless network deployment, big event monitoring and …
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COMSovereign Eyes $16M in Gross Proceeds Via Public Offering
COMSovereign Holding, a developer of 5G and 4G LTE communications systems, is selling 3,855,422 units consisting of a share of common stock and one warrant at a price of $4.15 per unit through a public offering to raise $16 million in gross proceeds. The company said Thursday it has secured …
Read More »Kay Kapoor Selected for COMSovereign Independent Director Post
Kay Kapoor, former president of AT&T's (NYSE: T) global public sector organization and a three-time Wash100 Award recipient, has been recommended by a committee of COMSovereign Holding's board of directors for appointment as an independent director.
Read More »COMSovereign to Buy Backhaul Radio Developer Fastback; Dan Hodges Quoted
COMSovereign Holding has agreed to purchase all the equity interests of Fastback Networks for approximately $14M as part of efforts to expand its portfolio of 5G and wireless backhaul technology offerings.
Read More »COMSovereign Closes Purchase of Virtual Network Communications; Dan Hodges Quoted
COMSovereign Holding has expanded its portfolio of 4G LTE and 5G networking platforms with the acquisition of Virtual Network Communications through a cash-and-stock transaction worth approximately $19M.
Read More »COMSovereign to Buy Virtual Network Communications; Dan Hodges Quoted
COMSovereign Holding has signed a letter of intent to buy Virtual Network Communications for an undisclosed sum as part of efforts to expand its portfolio of 5G networking platforms.
Read More »Drone Aviation Merges With 5G Wireless Tech Consortium ComSovereign; Dan Hodges Quoted
Drone Aviation and ComSovereign, a U.S.-based consortium of businesses involved in 5G telecommunications radio, power systems and silicon photonics, have completed their merger for an undisclosed sum. The newly combined company will operate as ComSovereign Holding and will focus on providing wireless carrier customers with 5G/NR connectivity and carrier backhaul capability for fixed infrastructure and mobile aerial communications platforms, Drone Aviation said Wednesday.
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