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Speedcast buys UltiSat in anticipation of US defense spending surge WASHINGTON -- Satellite connectivity provider Speedcast of Australia is buying UltiSat, a U.S. satellite network operator whose teleport is in Denmark, for at least $65 million, Speedcast announced Sunday night. Depending on the 2017 and 2018 financial performance of Gaithersburg, Maryland-based UltiSat, Speedcast said it would pay additional earn-out considerations of $20 million and $15 […] SpaceNews.com
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