ISU MSS 2024

Markus Payer

Yahsat to start trading on 14 July, expects €1.54 bn market cap

Yahsat offers 976 million shares for € 0.63 per share, the company said, representing 40% of the company’s share capital; it expects a market capitalization of € 1.54 billion upon listing, the company said. The offering was multiple times oversubscribed, Yahsat said, with “significant demand” from institutional investors, individuals and others in the United Arab Emirates (UAE).

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ESA funds QinetiQ satellite to host and demonstrate new technologies

The European Space Agency (ESA) has mandated the British defense and security group QinetiQ to demonstrate and validate innovative satellite technologies on a spacecraft built on QinetiQ’s PROBA platform, the company announced. Funded by ESA, QinetiQ is to deliver and operate a satellite that will host up to 13 different on-board experiments.

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Boeing extends partnership with OHB’s MT Aerospace

More Boeing in Bavaria: MT Aerospace partners with Boeing to supply solutions for Boeing’s commercial, defense and space programs over the next few years, the OHB affiliate said. Both companies signed a partnership agreement to further diversify and expand MT Aerospace’s supplier activities for Boeing, the company based in Augsburg, Germany, said.

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ICEYE says it will soon offer daily and coherent coverage

The satellite radar specialist ICEYE can offer its customers now a coherent daily tracking and monitoring, the company said, providing what it calls the “world’s most frequent coherent radar satellite data coverage”. ICEYE announced the achievement of Daily Coherent Ground Track Repeat (GTR) imaging with its radar satellites.

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Satellogic to go public via SPAC, valued at $850 million

The satellite imagery specialist Satellogic wants to go public through a SPAC merger, valuing the company at $850 million, the firm said. Satellogic is going public through a merger with Cantor Fitzgerald’s CF Acquisition Corp. V. Leading institutional investors participate in the transaction through private investments of $100 million.

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