Speedcast International is a global provider of managed network and satellite communication services. They offer high-performance connectivity solutions, integrating satellite, fiber, and wireless technologies. Speedcast serves various sectors, including maritime, energy, government, and enterprise, providing critical communications for remote operations and digital transformation. The company partners with organizations like Airbus and the Australian Space Agency to deliver satellite services and support space sector growth, focusing on areas like IoT, maritime mobility, and satellite managed services.
All verified mentions of this organization in source documents.
Speedcast’s debt as of 2018-06-30 was $429.5 million, an increase of $42,000,000 from 2017 due to the UltiSat purchase and debt refinancing costs.
Speedcast significantly expanded its maritime footprint through its 2017 purchase of Harris CapRock for $425,000,000.
Speedcast acquired UltiSat in 2017, which marked Speedcast’s entrance into government services.
Pierre-Jean Beylier is Speedcast CEO and has executed 16 acquisitions since 2004.
Speedcast is purchasing Globecomm for $135,000,000 in cash and debt.
Speedcast is financing the Globecomm purchase by increasing its borrowing capacity on a credit facility from $425,000,000 to $600,000,000.