ARTICLE
30 April 2026

Space Business Review April 2026

ML
Milbank LLP

Contributor

Milbank LLP is a leading international law firm that provides innovative legal services from 11 offices around the world. Founded in New York over 150 years ago, Milbank helps the world’s leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives.
Major space industry transactions dominated April 2026, with Amazon's $11 billion acquisition of Globalstar marking a significant expansion into satellite communications, while York Space Systems pursued ALL.
United States Transport
Dara A. Panahy’s articles from Milbank LLP are most popular:
  • with readers working within the Insurance industries
Milbank LLP are most popular:
  • within Real Estate and Construction, Family and Matrimonial and International Law topic(s)

April Mergers & Acquisitions Activity

April 14 – Amazon, Inc. (Amazon) announced plans to acquire satellite operator Globalstar, Inc. in a cash and stock transaction valued at approximately $11b, marking Amazon’s expansion into mobile satellite services and direct-to-device satellite communications. The transaction is expected to close in 2027.

April 30 – York Space Systems, Inc. announced plans to acquire satellite communications terminal provider ALL.SPACE Networks Limited in a deal valued at approximately $355m.

April Fundraising & Financing Activity

April 9 – Space mobility start-up Portal Space Systems, Inc. announced that it raised $50m in a Series A funding round led by Geodesic Capital GP, Ltd. and Mach33 Financial Group, with participation from Booz Allen Ventures, ARK Investment Management LLC, AlleyCorp Advisers, LLC and others.

April 7 – Payload Aerospace, S.A. announced that it secured a €30m venture debt loan from the European Investment Bank to fund further development of the Miura 5 launch vehicle.

Read more related news in Space Business Review April 2026.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

[View Source]

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More