Announced
Financials
Sources
Tags
Friendly
space industry
Aerospace
Single Bidder
satellite
Domestic
Acquisition
Majority
Pending
Private
United States
Synopsis
SpaceX, an American aerospace manufacturer, space transportation services and communications company, agreed to acquire Swarm Technologies, a company that operates a smallsat constellation providing internet-of-things services. Financial terms were not disclosed. In the FCC filing, the companies say that the acquisition will give Swarm resources to compete against several other companies that operate similar satellite systems.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.