E-Space acquires CommAgility
December 7, 2022
By Chris Forrester
Would be mega-constellation operator E-Space, which wants to build 300,000 small satellites, has acquired hardware developer CommAgility. E-Space is managed by serial entrepreneur Greg Wyler.
E-Space, using Rwandan frequencies, has paid $14.5 million (€13.8m) for CommAgility. The company is based in Loughborough, UK.
CommAgilty has some 50 staff and the company specialises in managing systems that link cellular, air-to-ground and satellite communications. The deal is expected to conclude by the end of January 2023.
Wyler commented: “We look forward to welcoming CommAgility into Team E-Space. Their existing, proven and deep 5G code base along with their incredible team experience would have taken years to recreate. This puts us in a unique and leading position for the deployment of our space-based technologies. We will continue to invest heavily in this code base to enable 5G-Advanced and 6G technologies which will provide tremendous value to customers.”
Tim Whelan, CEO of Wireless Telecom Group, added: “When we began to evaluate strategic options for our CommAgility business, we held numerous conversations with multiple space-based companies. It was during this process that E-Space’s incredible vision, commitment to innovation and focus on end-user requirements ignited our team’s excitement. We made a clear strategic decision to go with E-Space, which we believe helps unlock value for our shareholders and ensures our team and existing customers will be part of a thriving organisation.”