Lynk Global is a satellite telecommunications provider focused on direct-to-device (D2D) connectivity. As a "cell tower in space" company, Lynk builds, launches, and operates a satellite constellation that aims to provide mobile phone service coverage to standard, unmodified mobile devices, especially in rural and underserved areas. They partner with Mobile Network Operators (MNOs) to expand coverage and offer services like SMS messaging and emergency alerts, with plans to launch voice and mobile broadband services. Key partners include SES, Intelsat, and various MNOs across the globe.
All verified mentions of this organization in source documents.
Lynk Global and Omnispace plan to merge, with SES becoming a major strategic shareholder once the merger is completed.
SES' investment in Lynk and Omnispace may encourage further investment from other operators in the D2D market.
Lynk's current strategy involves shared spectrum with MNOs, which has limitations in service capabilities.
Lynk has secured more than 50 partnerships with local mobile network operators (MNOs) and regulatory approval in over 30 countries.
Omnispace is merging with Lynk Global under the stewardship of SES, which will be a major investor.
Lynk has relationships with over 50 mobile network operators across more than 50 countries.
Lynk's patented technology enables satellite-delivered mobile voice and messaging services to more than 7 billion smartphones and IoT devices.
The combination will leverage Lynk's technology to enhance data, voice, and messaging services to new smartphones and IoT devices, including automotive platforms.
Lynk Global and Omnispace plan to merge to deliver a comprehensive Direct-to-Device (D2D) connectivity solution.
Ramu Potarazu, the current CEO of Lynk Global, will be the CEO of the new entity formed by the merger.
The planned combination of Lynk and Omnispace will offer SES access to new LEO capabilities.
The combination of Omnispace's spectrum portfolio with Lynk's technology aims to create a scalable, cost-effective global direct-to-device platform.
Lynk Global plans to merge with telecom firm Omnispace to expand their business across commercial and government sectors.
Lynk’s technology supports backward compatible satellite-delivered mobile voice and messaging services to more than 7 billion smartphones and IoT devices.
Lynk Global and Omnispace will merge, and SES will become a major strategic shareholder.
Lynk will leverage the S-band to enhance its data, voice, and messaging services for new smartphones and IoT devices, including automotive platforms.
Slam Corp extended its merger deadline with Lynk Global by three months to 2024-03-25 as reflected in a 2024-12-26 regulatory filing.
Lynk, based in Falls Church, Virginia, planned in February to raise at least $110,000,000 from the SPAC merger through remaining cash in Slam’s trust and a private sale of shares before closing the deal.
Slam Corp must refund $81,000,000 to investors who redeemed shares instead of seeking a stake in Lynk Global.
Lynk plans to deploy 5,000 satellites to improve global coverage.