CommAgility is a developer of embedded signal processing and RF modules, as well as LTE PHY/stack software, for 4G and 5G mobile networks and related applications. Their products are used in satellite communications, wireless baseband, and specialized networks. CommAgility was acquired by E-Space in late 2022 to enhance E-Space's 5G NTN capabilities, satellite payload development, and space-based connectivity solutions. The company's software already drives over 50,000 terrestrial base stations and is used for ATG and commercial satellites.
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E-Space entered into a definitive agreement to acquire CommAgility from the Wireless Telecom Group, Inc.
The transaction to transfer CommAgility to E-Space is expected to be completed no later than 2023-01-31.
The purchase price for CommAgility is $14.5 million, inclusive of $13,750,000 in cash consideration and a $750,000 note payable, subject to agreed-upon reductions.
The acquisition price for CommAgility consists of $13,750,000 in cash and a $750,000 financial instrument that is subject to agreed-upon reductions.
E-Space plans to buy radio frequency module developer CommAgility in a $14,500,000 deal.