Advanced Television


MBC shares jump 30% on debut

MBC Group’s Saudi Arabia stock exchange IPO debut raised $222 million with its debut, and early investors saw an immediate 22 per cent jump in the share price helped by a significant over-subscription in demand. MBC is the leading – some might say dominant – Arab language broadcaster over the Middle East. The MBC IPO […]

January 9, 2024By Chris Forrester

Musk: “No rush for Starlink IPO”

Elon Musk has again stressed that there is absolutely no rush to spin-off his SpaceX Starlink broadband-by-satellite business. He told Fortune magazine that having floated his Tesla car business (in 2010) he preferred Starlink to stay private. Of course, would-be investors have their eyes on a probable significant return on an Starlink investment, so the […]

January 2, 2024By Chris Forrester

Lynk seeks IPO

A blank-cheque SPAC company set up by former New York Yankees all-star Alex Rodriguez is planning to merge with satellite communications provider Lynk Global, according to Bloomberg. Slam Corp, a special purpose acquisition company, has reportedly signed a letter of intent to merge with Lynk, with the combined company expected to list on the Nasdaq […]

December 18, 2023By Chris Forrester

Germany’s ISAR planning IPO?

Munich-based Isar Aerospace, which specialises in small satellite launches, has modified its formal registration from a GmbH (‘Gesellschaft mit beschränkter Haftung’, meaning ‘company with limited liability’) to an ‘SE’ (Societas Europaea) registered business. Rumours suggest the move could be a precursor to a move to an IPO. Isar Aerospace has raised significant funds over the […]

December 1, 2023

Musk denies IPO plan for Starlink

Elon Musk, speaking ahead of the November 19th Starship launch, denied a Bloomberg report that his rocket company SpaceX was discussing an initial public offering (IPO) for its satellite internet business, Starlink – perhaps as soon as 2024. Musk, posting on his social media platform X, specifically described the Bloomberg report as “false”. The report […]

November 20, 2023

Complaints over Terran Orbital’s strategy

Terran Orbital is busy building satellites including 600 for Rivada Networks, but a group of investors are concerned about the company’s depressed share price and demanding that the CEO Marc Bell be replaced – and the current role of CEO and Chairman be divided. The investors also want an urgent strategic review of the business. […]

October 16, 2023

Rivada wins legal victory

Rivada Space Networks, based in Munich, has been facing something of a challenge lately from China and the threat from what are described as “hostile” interests over the frequencies formerly used by Kleo Connect and which Rivada is lawfully using for its mega-constellation of a total 600 satellites. Rivada has an order with Terran Orbital […]

September 22, 2023By Chris Forrester

Terran Orbital raising more cash

Satellite builder Terran Orbital, flushed with the success after successfully seeing 10 of its satellites launched by SpaceX on September 2nd for the US Space Development Agency, is raising more cash. Terran Orbital, based in Boca Raton Florida, is to sell 23.2 million shares at $1.40 a share. The offering will close on September 21st. […]

September 19, 2023By Chris Forrester

SpaceX planning IPO?

A report on Fox News, citing comments “from SpaceX investors” says an IPO from Elon Musk’s Starlink broadband-by-satellite operation is expected “this year”. The comments are far from fanciful, and Musk has frequently commented about a likely IPO either for SpaceX itself or Starlink, but has always finished his comments by saying “but not yet”. […]

June 22, 2023By Chris Forrester

Eutelsat+OneWeb to list in London

Sunil Bharti Mittal, the Indian billionaire telecoms tycoon and executive chairman of OneWeb, which is in the process of merging with Paris-based Eutelsat, said a secondary listing in London was a plan “we will deliver”. “The benefit is that you have a varied investor base to address to, but this is more a requirement of […]

March 28, 2023By Chris Forrester