Author: Anna Forrester|| Date Published: March 8, 2017
Intelsat has purchased an equity stake in satellite communications antenna manufacturer Kymeta following joint efforts to develop the Kalo satellite services and mTenna antenna technology.
The satellite operator said Tuesday the transaction comes with the appointment of Intelsat CEO Stephen Spengler into Kymeta’s board of directors.
“The demand for fast, reliable broadband connectivity requires innovation in-orbit and across the entire satellite ecosystem to unlock new growth opportunities,” said Spengler.
Nathan Kundtz, founder, president and CEO of Kymeta, added the investment serves to combine Intelsat’s global satellite network and Kymeta’s services package.
CACI International has secured a potential five-year, $416 million SeaPort-Next Generation task order to sustain and modernize information technology systems…
Cherry Bekaert has acquired accounting and advisory firm Tarsus to expand outsourced accounting, real-time financial reporting and strategic chief financial…
General Dynamics Information Technology has received a U.S. Navy contract worth $988 million to modernize and integrate command, control, communications,…
Dave Wajsgras, an eight-time Wash100 Award winner, has been named chairman and CEO of Everfox. The cybersecurity company said Monday that Wajsgras will…
The Transportation Security Administration has announced a contract opportunity with an estimated value exceeding $100 million for enterprise-wide IT support…
Intelsat has purchased an equity stake in satellite communications antenna manufacturer Kymeta following joint efforts to develop the Kalo satellite services and mTenna antenna technology.
