Advanced Television


Astra to raise $65m

Struggling rocket developer Astra Space is to conduct a 1-for-15 stock split and in the process raise around $65 million (€58.9m) to continue its work on its Rocket 4 launch vehicle. The 1-for-15 stock split will issue one new share to stockholders in a swap for 15 existing shares. The company’s filing with the SEC […]

July 12, 2023By Chris Forrester

Viaplay names Åberg SVP and Head of Investor Relations

Viaplay Group has appointed Sandra Åberg SVP and Head of Investor Relations. Åberg is currently Investor Relations Director at Essity in Stockholm and brings experience in investor relations and finance from a range of international businesses. She will join Viaplay Group in September 2023 and report to Anders Jensen, Viaplay Group President and CEO. Åberg […]

May 11, 2023

Indonesia’s Satria-1 suffers further delays

Indonesia’s important 150 Gb/s broadband satellite, Satria-1, is already late in being delivered from its manufacturers with delays caused by component shortages from Covid-related problems. The craft was due for launch in March 2022, then March 2023 which will be missed. Now, Indonesia is asking the ITU in Geneva to permit a delay of its […]

January 6, 2023

Agile Content appoints Redondo as CEO

Agile Content, a provider of digital TV and video distribution solutions, has appointed Alfredo Redondo as the company’s new CEO. One of Redondo’s duties will be to promote the 2022-2024 Strategic Plan and consolidate the company’s business after the significant growth in recent years. The co-founder and until now the company’s top executive, Hernán Scapusio, […]

May 18, 2022

NENT proposes rebrand to Viaplay Group

Nordic Entertainment Group (NENT Group) has proposed a rebrand of the company to Viaplay Group. NENT Group says the proposal reflects its strategic focus on the Viaplay streaming service and its ongoing international expansion and continued Nordic growth. Viaplay is currently available in 11 countries, with at least 16 countries planned by the end of […]

March 30, 2022

NENT Group closes €56m bond issue

NENT Group has raised SEK 600 million (€56.4m) by issuing 4-year unsecured bonds to more than 20 Nordic investors. The issue has been made within the framework of NENT Group’s established SEK 4 billion medium term note (MTN) programme, and comprised SEK 600 million of notes with a floating interest rate of STIBOR 3 milion […]

February 21, 2022

Telesat to wrap Loral merger on Nov 19

Canadian satellite operator Telesat says it will complete its merger with Loral Space & Communications on November 19th and expects its shares to start trading publicly on the Toronto stock market next week. At the same time its shares will be open to trade on the Nasdaq exchange in New York and replace the Loral […]

November 16, 2021By Chris Forrester

Ex-Avanti pair establish new satellite business

David Williams and David Bestwick, who were two directors of Avanti Communications prior to the company going bankrupt back in 2018, have established a new business and now have a Nasdaq stock market listing. Arqit Quantum saw its shares commence trading on Sept. 7 having gone through a SPAC merger with Centricus Acquisition Corp., and […]

September 28, 2021

Telesat OK to trade on Nasdaq

Ottawa-based satellite operator Telesat will be able to trade under its own name on the Nasdaq exchange later this year. The delay is down to its somewhat complex ownership structure. Telesat is part-owned by Loral Space & Communications (which is already quoted on the US Nasdaq). Loral’s shareholder approved the move on August 23rd whereby […]

August 26, 2021By Chris Forrester

Virgin Orbit uses SPAC to enter NASDAQ

Sir Richard Branson’s Virgin Orbit satellite launch system (and not to be confused with his Virgin Galactic passenger tourism venture) is set to go public with a NASDAQ quote. The company says its revenues will grow 100-fold by 2025 to $1.55 billion. Virgin Orbit has merged with one of the increasingly fashionable Special Purpose Acquisitions […]

August 24, 2021