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  • Iridium to take over GPS backup provider for $115 million

Iridium to take over GPS backup provider for $115 million

Written by  Jason Rainbow Monday, 04 March 2024 21:50
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Iridium Communications announced plans March 4 to buy out Satelles, which provides an alternative to GPS via the satellite operator’s L-band network, marking the first acquisition in the 36-year-old company’s history.  

The post Iridium to take over GPS backup provider for $115 million appeared first on SpaceNews.


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