Tag: Satellite Infrastructure
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Amazon, Globalstar, Iridium and Telesat Launch NGSO Satellite Trade Association
Amazon, Globalstar, Iridium and Telesat have formed the SpaceConnect Association, a new trade organization representing non-geostationary satellite orbit (NGSO) operators. The association said it will work with governments, international institutions and industry stakeholders to promote a competitive satellite communications market and expand global connectivity. Former National Telecommunications and Information Administration (NTIA) Administrator David Redl has…
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Apex Space Raises $200 Million at $2.3 Billion Valuation to Expand Satellite Manufacturing
Satellite manufacturer Apex Space has secured $200 million in new funding at a valuation of $2.3 billion, as the company accelerates plans to expand production capacity and strengthen its position in the growing space infrastructure market. The funding round was led by Glade Brook Capital Partners, with participation from Washington Harbour Partners and a mix…