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New Deal


Announced

SpaceX to acquire Swarm Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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space industry

Aerospace

Single Bidder

satellite

Domestic

Acquisition

Majority

Pending

Private

United States

Synopsis

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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.

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