GapSat completed the acquisition of QBX.

GapSat, a provider of in-orbit geostationary communications satellites, completed the acquisition of QBX, a satellite solutions and consulting services company. Financial terms were not disclosed. "Given the rapid expansion of satellite communications in recent years, especially for HTS and UHTS, scarcity of spectrum has become a critical issue and satellite operators have been steadily moving up the spectrum ladder to higher frequencies. We have seen the move from C-band to Ku-band and to Ka-band and more recently, an interest in developing Q and V-bands. With the acquisition of QBX providing us with high priority orbital slot filings and patents to develop a global geostationary satellite constellation, GapSat is now ideally placed to meet the growing demands of the communications infrastructure sector," Gregg Daffner, GapSat CEO.