Business Wire
17 Aug 2026, 07:30 UTC · 2h ago
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2 claims · each scored for market impact
Lynk and Omnispace have completed their merger to create a new company called Elveo Mobile. — Consolidation of D2D pioneers creates a larger, more competitive entity in the direct-to-device satellite connectivity market.
+0.40SES has expanded its strategic investment and collaboration with Elveo Mobile. — Additional capital and strategic backing from a global space leader reduce execution risk for the new entity.
+0.20Which stocks this story touches
The company is expanding its strategic investment and collaboration to deliver direct-to-device connectivity.
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[mutual] SES has an expanded strategic investment and collaboration with Elveo Mobile.
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