Anuvu is a leading provider of high-speed connectivity and entertainment solutions for mobility markets, particularly the airline industry. They offer in-flight entertainment programming, internet connectivity, and digital media services, utilizing Ku-band satellite technology. Anuvu is also developing the Anuvu Constellation, a GEO satellite constellation in partnership with Astranis, and has partnered with companies like Telesat and D-Orbit USA. They serve major airlines such as Southwest, Turkish Airlines and Air France, as well as government agencies like NASA through its acquisition of Signal Mountain Networks.
All verified mentions of this organization in source documents.
Lenders invested about $218,000,000 in Anuvu through a restructuring deal that nearly halved its near $1,100,000,000 debt load.
Anuvu intends to continue leasing GEO capacity while developing its Astranis constellation as part of a multi-orbit strategy.
Existing investors including Apollo Capital Management, Sound Point Capital, and Arbour Lane Capital Management committed $50,000,000 to Anuvu.
Telesat partnered with inflight connectivity specialist Anuvu to develop an antenna for LEO and GEO communications.
Anuvu, formerly known as Global Eagle, filed for Chapter 11 in July 2020 and has since exited with private funding.
Broadband satellite operator OneWeb also underwent a funding procedure similar to Anuvu.
Marlink acquired customer contracts and assets from Anuvu after Anuvu exited Chapter 11, including more than 450 VSAT sites serving humanitarian, oil & gas, embassy, and mining customers.
Anuvu’s constellation is part of a multi-orbit strategy that will add low Earth orbit capacity in 2024 from satellites Telesat is developing.
Anuvu exited Chapter 11 bankruptcy protection after about half a dozen of its lenders took control of the company and shed about $488,000,000 of its debt.
The first two Astranis satellites for Anuvu are targeting launch in early 2023 to provide connectivity over North America and the Caribbean.
Anuvu plans to continue augmenting Astranis-provided capacity by leasing capacity from larger, higher-throughput geostationary satellites and from low Earth orbit spacecraft as they become available.
Anuvu ordered the first two of an eight-satellite geostationary orbit constellation from Astranis.