Greg Wyler’s mega-constellation startup E-Space today announced plans to acquire radio frequency module developer CommAgility for $14.5 million.
The acquisition gives E-Space his 5G software and experience “that would have taken years to replicate,” Wyler said in a statement.
CommAgility, which employs his 50 people and is now part of his Wireless Telecom Group, a public technology company, specializes in systems that manage signals for cellular, air-to-ground and satellite networks.
E-Space said it plans to integrate CommAgility’s source code into a network of potentially hundreds of thousands of connected satellites. The startup has provided few details about the services it plans to offer from Constellation. It is an intelligent network for connecting IoT devices, using satellites with a smaller cross-section than other constellations to reduce environmental impact.
The two companies plan to complete the acquisition by the end of January.
CommAgility is being sold for $13.75 million in cash and $750,000 in financial instruments, subject to an agreed discount.
It’s the first publicly announced deal since E-Space raised his $50 million seed fund back in February.
After launching a second batch of prototype satellites in the first half of next year, E-Space will move into the first phase of mass production of the constellation with spectral applications of his 300,000 satellites in low earth orbit. Wyler also founded OneWeb, a LEO broadband operator, and O3b Networks, a mid-earth orbit broadband operator now owned by SES.
- RF hardware developer CommAgility is acquired by E-Space
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