Satellite Business Systems

WISeKey Announces Expansion of Its Satellite Business Into a New Entity - WISeSat AG - based in Zug, Switzerland

Retrieved on: 
Tuesday, June 6, 2023

Headquartered in Zug, Switzerland, the new entity will focus on adding satellites to the constellation of already launched WISeSat-Ready satellites.

Key Points: 
  • Headquartered in Zug, Switzerland, the new entity will focus on adding satellites to the constellation of already launched WISeSat-Ready satellites.
  • WISeSat AG, with its new strategy, not only cover large and unserved geographic areas but will also provide both remote and redundant urban IoT communications.
  • WISeSat AG will collaborate with various partners and investors to offer innovative Internet of Things (IoT) satellite technology to its clients in a Software-as-a-Service (SaaS) model.
  • This strategic investment has allowed WISeKey to integrate FOSSA Systems into the WISeKey IoT platform connecting all IoT sectors through the development of a WISeSaT PocketQube Satellite.

Outerbridge Sends Letter to Comtech Board of Directors

Retrieved on: 
Wednesday, October 6, 2021

Outerbridge believes Comtechs long history of failure is due above all to a Board that is seemingly incapable of overseeing management.

Key Points: 
  • Outerbridge believes Comtechs long history of failure is due above all to a Board that is seemingly incapable of overseeing management.
  • The participants in the proxy solicitation are anticipated to be Outerbridge Partners, Outerbridge Partners GP, LLC (Outerbridge GP), Outerbridge Bartleby Fund, LP (Outerbridge Bartleby Fund), Outerbridge Bartleby GP, LLC (Outerbridge Bartleby GP), Outerbridge Capital Management, LLC (Outerbridge Capital), Rory Wallace, Wendi B. Carpenter, Sidney E. Fuchs, and Jonathan D. Wackrow (collectively, the Participants).
  • Outerbridge GP, as the general partner of Outerbridge Partners, may be deemed to beneficially own the 589,750 shares of Common Stock directly owned by Outerbridge Partners.
  • Outerbridge Bartleby GP, as the general partner of Outerbridge Bartleby Fund, may be deemed to beneficially own the 43,200 shares of Common Stock directly owned by Outerbridge Bartleby Fund.