Advanced Television


AST SpaceMobile secures extra $100m

AST SpaceMobile has secured a financing package sufficient to launch its first five direct-to-cellular satellites. The fresh money, worth $100 million (€91.9m), comes on top of other recent financial input into the business. The cash comes from Atlas Credit Partners (ACP). The investment builds upon AST’s $800 million existing capital base. The ACP credit facility […]

August 17, 2023By Chris Forrester

ITV invests in Flarin

ITV has announced its third 2023 deal as part of its Media for Equity portfolio, in pain relief brand Flarin – its first consumer healthcare investment to date. As part of ITV Adventures Invest, its Media for Equity investment fund, ITV has agreed to invest up to £5 million of advertising inventory across ITV’s channels […]

August 15, 2023

KKR invests in Augsburg/SaxaVord

Kohlberg Kravis Roberts is investing $33 million (€30m) in Rocket Factory Augsburg (RFA) which is building rockets for launch from Scotland’s SaxaVord spaceport. “The investment will facilitate RFA’s upcoming integrated first stage test and complete the company’s launch pad at SaxaVord Spaceport in Scotland, to eventually bring the RFA ONE microlauncher to the launchpad,” said […]

August 9, 2023By Chris Forrester

Satellite funding boost for UK broadband, 5G coverage

British innovators working to revolutionise 5G and broadband coverage for every corner of the UK could be in line to secure up to £160 million (€186m) from a scheme to deliver the next generation of high-tech satellites, Science and Technology Secretary Michelle Donelan has announced. LEO satellites represent the next generation of space technology, offering […]

August 2, 2023By Colin Mann

£40m boost for UK local 5G

Local areas across the UK will be helped to boost their digital connectivity and develop advanced wireless technologies, thanks to a new £40 million (€46.6m) fund that could power everything from innovative healthcare solutions to futuristic farming and smart systems to improve transport and cut congestion. Local and regional authorities can now apply for a […]

August 1, 2023

Kleos Space files for bankruptcy

Australia and Luxembourg-registered Kleos Space, which uses small satellites to detect and locate radio frequency signals to uncover illegal activity on land and sea, has filed for bankruptcy in Luxembourg. Trading in its shares in Australia had already been suspended on May 3. It already has 16 satellites in orbit (although there are problems with […]

July 27, 2023By Chris Forrester

Leaf Space secures €20m funding

Leaf Space, a provider of ground segment services for satellite operators, has successfully completed a capital increase for a total of €20 million on top of the availability by the European Investment Bank of a loan for a further €15 million through Venture Debt. Launched in 2014, the Italian-headquartered company based in Lomazzo (Como) currently […]

July 27, 2023

Embrace raises growth and expansion capital

Embrace, a developer of advanced automation and orchestration software solutions for the Media and Entertainment industry, has finalised a significant finance round with two angel investors. Alexandre Sidommo and Stéphane Barus, of Hilectra and Financière Paoje respectively, bring with them a wealth of experience in building and leading global SaaS companies. Embrace’s solutions are used […]

July 27, 2023

nexfibre £250m funding boost

The UK Infrastructure Bank has made a £250 million (€291m) debt investment in new next generation fibre broadband company nexfibre which is rolling out full-fibre broadband to 5 million homes across the UK by 2026. As part of its commitment to investing in infrastructure that tackles climate change and boosts regional and local growth, the […]

July 17, 2023By Colin Mann

Tucker, Patel seeking funds for new company

Former Fox News host Tucker Carlson and former White House adviser Neil Patel are looking to raise funds to start a new media company that could potentially be anchored on Twitter, according to the Wall Street Journal. The duo is looking to raise hundreds of millions of dollars to fund the company, the report said, […]

July 14, 2023