Iridium Communications — Satelles’ very close strategic partner and satellite technology provider for more than 10 years — today announced that it will acquire Satelles. Satelles will now become the Satellite Time and Location business unit of Iridium. Read the full announcement on Iridium.com.
GPS World – Iridium acquires Satelles to boost PNT capabilities
Inside GNSS – Iridium Enhances Global PNT Capabilities with Strategic Satelles Acquisition
Geospatial World – Iridium Acquires Satelles for $115 million to Boost PNT
Via Satellite – Iridium to Acquire Satelles to Bolster Alternative PNT Capabilities
SpaceNews – Iridium to take over GPS backup provider for $115 million
Aviation Week – Iridium Buying Alternative-GNSS Timing Provider Satelles
The Maritime Executive – Iridium Buys Service That Uses L-Band Satellites for GPS-Like Positioning
GovCon Wire – Iridium to Buy Satelles in Assured PNT Service Expansion Push