SatPort Infrastructure Acquires Speedcast Teleport Business to Expand Global Satellite Ground Network
EQT-backed SatPort Infrastructure has completed the acquisition of a teleport business from communications provider Speedcast. The deal includes 12 teleports spanning five continents and 11 countries, significantly expanding SatPort's footprint as a carrier-neutral ground infrastructure platform for LEO, MEO, and GEO satellite constellations. The move positions SatPort to capitalize on the growing demand for satellite services, which is projected to reach USD 145 billion by 2035. This acquisition follows a recent build-to-suit agreement with Telesat to support the Lightspeed LEO constellation. Speedcast will remain a customer of the newly expanded platform under a long-term infrastructure services agreement.
Topics: Ground Station Acquisition LEO/MEO/GEO Constellations Satellite Infrastructure Telecommunications