Insider Brief:
- CesiumAstro Inc. has acquired United Kingdom-based TXMission Ltd.
- TXMission has a rich portfolio of field-proven communications waveforms and hardware products that will complement CesiumAstro’s product lines.
- TXMission will become CesiumAstro’s first office in the United Kingdom.
PRESS RELEASE — Austin, Texas / January 17, 2023 – CesiumAstro Inc., an industry leader in active phased array communications technology for space and airborne systems, announced today it has acquired TXMission Ltd., a United Kingdom-based communications company that develops software-defined radios and modems for satellites, ground stations, HAPS (high-altitude platform systems), and airborne platforms. Financial terms of the transaction were not disclosed.
Founded in 2018, TXMission (pronounced “transmission”) has a rich portfolio of field-proven communications waveforms and hardware products that will complement CesiumAstro’s product lines, including their Quest™ and Connect™ software-defined radios built for the satellite and ground station markets.
“TXMission’s modem capabilities are unrivaled, and together we can build a stronger end-to-end communications solution for our customers,” said Shey Sabripour, founder and CEO of CesiumAstro. “Acquiring TXMission provides a foundation for establishing an office in the United Kingdom, where we are investing to grow our presence.”
TXMission will become CesiumAstro’s first office in the United Kingdom, expanding the company’s ability to deliver mission-critical solutions to its European customers while gaining access to high-skill talent and manufacturing capability in the region.
“We are delighted to join CesiumAstro,” said TXMission’s CEO and Vice President of Engineering, Gianni Nannetti. “This is a mutually beneficial opportunity allowing us to grow our team, expand our capabilities, and continue building high-performance communications systems for our customers.”
Optimal Counsel LLP acted as legal advisor to CesiumAstro.
SOURCE: CesiumAstro
Featured image: Courtesy of CesiumAstro
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