October M&A Transactions
October 3 – L3Harris Technologies, Inc. (L3) and Viasat Inc. (Viasat) announced an agreement whereby L3 will acquire Viasat's Link 16 Tactical Data Links business for $1.96b.
October 3 – Redwire Corporation announced that it entered into an agreement with British defense company QinetiQ Group plc to purchase QinetiQ Space NV, its commercial satellite systems business based in Belgium, for €32m.
October 4 – AE Industrial Partners, LP announced an agreement whereby it will acquire a majority ownership interest in Denver-based satellite and component manufacturer York Space Systems LLC based on an enterprise value of $1.125b.
October 11 – Al Yah Satellite Communications Company P.J.S.C. announced that it made a minority equity investment in eSAT Global, Inc., a California-based start-up with plans to offer a low-cost direct-to-satellite Internet-of-Things service.
October 31 – Satellite manufacturer Terran Orbital Corp. announced that it received an investment of $100m from Lockheed Martin Corporation, which now holds a 33.5% ownership interest in the company.
More related news in Space Business Review October 2022.
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