All verified mentions of this organization in source documents.
Speedcast International has up to $1,000,000,000 in assets and liabilities.
Speedcast International is an Australian company that ended 2019 with $669,000,000 in debt.
Intelsat has an unsecured claim against Speedcast International for $45,200,000.
Speedcast International filed for Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas with the goal of completing its restructuring by the end of August.
Spanish connectivity provider e3 Systems provided satellite connectivity for a Yacht Aid Global vessel with service provided for free by Speedcast.
Speedcast will support the Australian Space Agency’s goal of tripling Australia’s space sector in size by 2030.
With the purchases of UltiSat and Globecomm, Speedcast increased its U.S. government business to about $150,000,000 in annual revenues.
Speedcast is financing the Globecomm purchase by increasing its borrowing capacity on a credit facility from $425,000,000 to $600,000,000.
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.
Pierre-Jean Beylier is Speedcast CEO and has executed 16 acquisitions since 2004.
Speedcast acquired UltiSat in 2017, which marked Speedcast’s entrance into government services.
Speedcast is purchasing Globecomm for $135,000,000 in cash and debt.