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SpaceX to scoop up Swarm Technologies for satellite internet project

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SpaceX plans to accumulate one among its opponents for broadband satellites — Swarm Applied sciences — because it continues to develop its Starlink megaconstellation.

Swarm mentioned the deliberate acquisition in filings with the Federal Communications Commission Friday (Aug. 6), saying within the documentation that the businesses inked a merger deal on July 16. The phrases will see Swarm function as a completely owned subsidiary of SpaceX, the filings state. The submitting was first reported by SpaceNews.


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