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Telecom company SES building $17M facility in Prince William
Luxembourg-based telecommunications company SES will invest $17 million in a new U.S. hub facility in Prince William County facility where it will merge its satellite and network operations, Virginia Gov. Ralph Northam announced Thursday. The facility is expected to create up to 200 net jobs by 2026. “In consolidating our local SES satellite and network […]
Dark fiber optic network coming to NoVa
A new 680-mile, regional fiber optic network will begin to take shape in Northern Virginia during the second half of 2021. The project is a joint venture between Annandale-based Tenebris Fiber, Kansas-based Diode Ventures and New York-based JLC Infrastructure. Construction on the new dark fiber network will begin later this year, the companies said, starting […]
SpaceLink establishes HQ in Tysons
Satellite telecommunications company SpaceLink, a subsidiary of Australian aerospace and defense contractor Electro Optic Systems, has established its headquarters in Tysons. SpaceLink is building a space relay network of satellites in medium Earth orbit that will provide secure, continuous, high-bandwidth communications between its clients’ low Earth orbit spacecraft and the ground. Clients[...]
Omnispace, Lockheed Martin join forces for space-based 5G network
Tysons-based satellite telecommunications company Omnispace LLC has entered into a strategic alliance with Lockheed Martin Corp. to explore jointly developing a space-based 5G global network. “Omnispace is fully committed to the vision of creating a new global communications platform that powers 5G connectivity directly to mobile devices from space,” Omnispace President and CEO Ram Vis[...]
Chantilly cell tower B2B biz acquired by California company
Chantilly-based SmallCellSite.com has been acquired by California’s Digital Locations Inc., a developer of 5G cell tower sites. The completed acquisition was announced on March 2. Financial terms of the acquisition were not disclosed. The acquisition means that Digital Locations now has 80,000 prequalified wireless cell sites. SmallCellSite has nonexclusive agreements with site owners all over [[...]
Legislation hopes to expand broadband access for low-income students
RICHMOND, Va. — The Virginia General Assembly passed legislation in an effort to expand broadband internet access to low-income students across the commonwealth. Senate Bill 1225, proposed by Sen. Jennifer Boysko, D-Fairfax, authorizes school boards to appropriate funds to partner with private companies for the purpose of implementing and subsidizing broadband internet access for low-income [...]
McLean satellite operator eyes Chapter 11 emergence
McLean-based satellite operator Intelsat Corp. announced Friday it has the support of creditors to financially restructure under Chapter 11 bankruptcy, which would decrease the company’s debt from nearly $15 billion to $7 billion. “Today’s filings and the significant consensus already achieved on the plan pave the way for the company’s emergence from the Chapter 11 […]
$29.6M state grants to expand broadband in 11 localities
Nearly $30 million in Virginia Telecommunication Initiative (VATI) grants will be disbursed among five projects to expand broadband access in 11 localities in the Northern Neck, Southwest and Southern Virginia and Botetourt County, Gov. Ralph Northam announced Tuesday. The projects will connect more than 11,700 households, businesses and institutions to high-speed internet. VATI provides funding [[...]
Reston-based Comscore secures investments for stock deal
Reston-based media-measurement and analytics company Comscore Inc. announced Thursday that Connecticut-based Charter Communications Inc., Colorado-based Qurate Retail Inc. and an affiliate of New York-based Cerberus Capital Management LP are each making a cash investment in exchange for shares of convertible preferred stock. Proceeds from the investment will be used by Comscore to retire existing [...]
Md. cybersecurity company acquires Fairfax company’s product line
Columbia, Maryland-based cybersecurity company Owl Cyber Defense Solutions LLC announced Tuesday it has acquired Fairfax-based Trident’s Assured Collaboration Systems (ACS) product line. Financial terms of the acquisition were not disclosed. The ACS product line includes voice over IP, video teleconference, cross domain solution and full-motion video filtering capabilities. The acquisition adds [...]
Northam proposes $240M for pandemic response
As COVID-19 cases continue to rise and frontline medical workers receive the first vaccine doses, Gov. Ralph Northam called on the General Assembly to allocate $240 million toward pandemic response in his proposed budget amendments released Wednesday. “The budget I present today preserves our focus on flexibility, targeted investments and help for Virginians. While we […]
Intelsat closes $400M cash deal for commercial aviation business
McLean-based communications satellite services provider Intelsat Corp. announced Tuesday it has completed the acquisition of in-flight broadband connectivity provider Gogo Inc.’s commercial aviation business for $400 million in cash. The acquisition was first announced in early September. Intelsat plans to pair its satellite and ground network to Gogo’s customer base of more than 3,000 commerc[...]
