Swarm Seeks FCC OK of Takeover by SpaceX
SpaceX is buying Swarm Technologies, and Swarm asked the FCC International Bureau on Friday for approval for transfer of its earth station and satellite licenses, and that SpaceX take over multiple Swarm applications pending before the agency. Swarm said the…
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deal would strengthen the combined companies' ability to provide satellite services reaching unserved and underserved parts of the world, with Swarm's services benefiting from better capitalization and access to resources, while SpaceX would gain access to Swarm intellectual property and expertise. Swarm said it's withdrawing its petition for market access in the 399.9-400.05 MHz and 400.15-401 MHz bands.