A screenshot of the Decade of Change panel at the LEO Digital Forum.
The space industry is in the midst of transformation as the industry moves from a niche market to mainstream, industry leaders said on April 8 at the LEO Digital Forum. The satellite industry is often compared to the internet and PCs in the mid -90s, and still has a long way to go, said Theresa Condor, general manager of Space Services for
Spire Global. Yet she believes that within the next decade, every company that wants access to data from space will be able to obtain it, with the growth of Space-as-a-Service business models.
Avanti Communications has completed a refinancing deal that gives the company a new capital injection and an extension to pay back loans, the company announced on Monday. Avanti’s latest refinancing transaction results in an extension of its super senior facility to Jan. 31, 2022. Avanti will also now benefit from a