EchoStar completed the acquisition of Helios Wire.

EchoStar Global, a subsidiary of EchoStar, a provider of satellite communication solutions completed the acquisition of Helios Wire, a satellite-enabled IoT connective company. Financial terms were not disclosed. The acquisition includes Helios' Australian subsidiaries Sirion Holdings and Sirion Global. Sirion Global holds global spectrum rights for S-band Mobile Satellite Service (MSS), administered by Australia, and has been working to develop solutions for high volume asset tracking and monitoring applications by satellite. "This acquisition advances our strategy and further lays the foundation for a global S-band solution for the future. This acquisition of Helios and Sirion Global positions us closer to realizing that vision." Anders Johnson, EchoStar Chief Strategy Officer. .