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After a two-year process SpaceX’s Falcon 9 rocket has been certified by the Air Force meaning it can compete with United Launch Alliance (ULA) to launch national security missions.
It marks a significant milestone for SpaceX and gives it a wealthy new customer, while breaking the monopoly ULA has had on US military launches since it was formed by Boeing and Lockheed Martin in 2006.
Two of the world’s leading communications semiconductor companies, Avago Technologies and Broadcom Corporation, have agreed to merge in a deal worth US$37bn.
The pair have entered into a definitive agreement under which Avago will acquire Broadcom for US$17bn in cash and US$20bn in stock.
Operators controlled by Canada’s Telesat, UAE’s Yahsat and Spain’s Hispasat have won exploration rights in a Brazilian orbital auction that raised about R$184m (US$58m).
The country set a minimum price of R$27m (US$8.6m) for each of the four rights on offer, and the sale premiums ended up ranging from 56.9% to 85.6%.
State-owned towerco Rai Way would still be open to a merger with Mediaset-controlled rival EI Towers to create a national infrastructure champion, local media reported.
In an interview with Corriere della Sera, Camillo Rossotto, president of state-controlled broadcaster Rai, which holds 65.07% of the listed operator, said that a merger with other players would add value to the company, creating synergies through cost and resource optimization.
Lockheed Martin is free to find buyers for the Jabiru-1 satellite it was building for Australia’s NewSat after a US bankruptcy court dismissed their construction contract.
The court had granted NewSat’s administrator PPB Advisory measures that prevented Lockheed from cancelling the contract when it filed for Chapter 15 protection in April.
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