In a joint statement, Fred Kornberg, Comtech’s Chairman and CEO, and Dov Baharav, Chairman of the Board of Gilat, said: “While we both believed from the outset that the merger of these two great companies was a perfect marriage, the COVID-19 pandemic made the timing of the combination particularly challenging. We concluded, that under current conditions, the settlement is the best path forward for both companies and their respective stakeholders.”
Today, on 13 January 2023, the Swedish head of state, King Carl XVI Gustaf, and European and Swedish political dignitaries will visit Esrange Space Center in northern Sweden to cut the ribbon of a new spaceport. The new spaceport, which saw years of preparation and construction, will significantly reshape the European space landscape. The event will take place in Kiruna in conjunction with Sweden taking over the Presidency of the Council of the European Union.