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Middle East

#SpaceWatchGL Op’ed: Why 2020 will be big for space – beyond the glamour of astronaut launches

2020 promises to be a big year in space, but not only for the well-known events you keep on hearing about, such as the expected crewed launches from U.S. soil on SpaceX’s Crew Dragon capsule and Boeing’s Starliner. In the background, thousands of new space entrepreneurs are executing on business plans that take advantage of the tremendous decrease of the costs of accessing space and operating in it. Many of these entrepreneurs have important milestones in 2020.

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Virgin Orbit And Israel’s ImageSat International Partner To Provide Responsive Earth Observation

Virgin Orbit, the California-based small satellite launch company, has signed an agreement with ImageSat International (ISI), a global leader in space-based intelligence solutions, to develop an end-to-end responsive space service offering focused on national security customers.

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Israel’s Gilat Acquired By Comtech Telecommunications Corporation For $532.5 Million

Comtech Telecommunications Corp. and Gilat Satellite Networks Ltd. jointly announced on 29 January 2020 that Comtech has agreed to acquire Gilat in a cash and stock transaction for $10.25 per Gilat ordinary share of which 70% will be paid in cash and 30% in Comtech common stock, resulting in an enterprise value of approximately $532.5 million.

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Israel’s Gilat Believed To Be In Acquisition Talks With Unnamed Large Multinational Company

Israel's leading satellite network manufacturer and provider Gilat Satellite Networks Ltd., listed on the Tel Aviv Stock Exchange and Nasdaq, is believed to be in advanced discussions with a large, yet unnamed, multinational company that is interested in acquiring the Israeli firm, according to a report on Israeli tech news website CalcaList.com.

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