Lynk Global CEO Charles Miller stated becoming a public company would give it \u201caccess to greater capital\u201d to bring its services to more people.<\/p>\n
Reaction<\/strong> Recon Analytics founder and lead analyst Roger Entner told Mobile World Live (MWL) <\/em>he wasn\u2019t sure if the merger solved Lynk Global\u2019s funding problem \u201cas I can\u2019t tell how much money Slam has left”.<\/p>\n Slam raised $575 million in an IPO in February 2021 during the height of the SPAC market. Reports suggest the amount of capital Slam possesses has since shrunk to about $272 million after a segment of shareholders redeemed their shares for return of the IPO capital when Slam previously asked for an extension to find a merger partner.<\/p>\n Caleb Henry, director of research for satellite and space financial\u00a0research company\u00a0Quilty Space,\u00a0<\/em>told\u00a0MWL<\/em>\u00a0it was too soon to determine if the arrangement with Slam fulfills Lynk Global\u2019s funding needs.<\/p>\n He noted the deal was non-binding, that the SPAC funding could vary based on redemption rates and that it was unknown \u201chow much spending Lynk needs to conduct to achieve profitability\u201d.<\/p>\n \u201cUntil those three things are clear, it\u2019s hard to gauge the magnitude of this deal,\u201d he said.<\/p>\n Lynk progress so far<\/strong> Lynk Global announced a partnership<\/a> with operator Palau National Communications Corporation (PNCC) for a beta trial of its SMS service and later secured a deal<\/a> with bmobile Solomon Islands. Last week, Rogers Communications and Lynk Global completed the first satellite-to-mobile phone call in Canada<\/a>.<\/p>\n Lynk Global patented technology in 2017 and started commercial testing in space in 2019. The service is designed to work on 2G, 4G and 5G technologies.<\/p>\n Despite its early entry in the satellite-to-phone sector, Lynk Global faces an array of competitors including AST SpaceMobile, SpaceX-owned Starlink, Iridium, and Apple.<\/p>\n In July, Lynk Global laid claim to the first two-way voice calls on a satellite-to-phone service using standard phones while disputing AST SpaceMobile making the same claim<\/strong><\/a> in April.<\/p>\n The post Satellite-to-phone player Lynk aims to go public with Slam deal<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n\n \u7acb\u523b\u8a3b\u518a\u53ca\u5831\u540d\u96fb\u8166\u88dc\u7fd2\u8ab2\u7a0b\u5427! <\/a> www.ITSec.vip<\/a> www.Sraa.com.hk<\/a> www.ITSec.hk<\/a> www.Penetrationtest.hk<\/a> www.ITSeceu.uk<\/a> Lynk Global has turned to special purpose acquisition company (SPAC) Slam in an effort to secure future financial success, inking Read more…<\/a><\/p>\n The post Satellite-to-phone player Lynk aims to go public with Slam deal<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n","protected":false},"author":131,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[22],"tags":[61,122,127,129,124,128,125,132,131,133,126,130,123,66,94,88,97,56,64,65,60,112,40,75,95,104,33,120,105,101,98,115,30,29,41,86,70,69,68,72,71,26,118,108,87,46,55,48,52,54,51,50,83,62,58,57,109,35,59,63,85,79,82,96,80,27,81,114,44,42,43,45,38,39,110,117,100,111,116,73,89,90,92,91,93,84,78,37,102,34,36,77,67,74,99,113,119,28,121,32,47,49,53,103,31,76],"class_list":["post-63463","post","type-post","status-publish","format-standard","hentry","category-mobile","tag-airpods","tag-anime","tag-anime-characters","tag-anime-cosplay","tag-anime-edits","tag-anime-merchandise","tag-anime-movies","tag-anime-news","tag-anime-recommendations","tag-anime-reviews","tag-anime-series","tag-anime-streaming","tag-animes","tag-app-store","tag-app-store-samsung","tag-appgallery","tag-appgallery-oneplus","tag-apple","tag-apple-music","tag-apple-tv","tag-apple-watch","tag-bbc-sport","tag-best-mobile-games","tag-bixby","tag-bixby-xiaomi","tag-champions-league","tag-cyberpunk","tag-cyberpunk-2077","tag-fantasy-football","tag-fifa","tag-football","tag-formula-1","tag-fortnite","tag-free-fire","tag-free-mobile-games","tag-freebuds-pro","tag-galaxy-a52","tag-galaxy-note-20","tag-galaxy-s21","tag-galaxy-watch-4","tag-galaxy-z-fold-3","tag-game","tag-games","tag-golf","tag-harmonyos","tag-how-to-backup-iphone","tag-how-to-factory-reset-iphone","tag-how-to-reset-iphone","tag-how-to-restore-iphone","tag-how-to-unlock-iphone","tag-how-to-unlock-iphone-5","tag-how-to-unlock-iphone-6","tag-huawei","tag-ios","tag-ipad","tag-iphone","tag-live-soccer","tag-lol","tag-macbook","tag-macos","tag-mate-40-pro","tag-mi-11-lite","tag-mi-home-security-camera-basic-1080p","tag-mi-home-security-camera-basic-1080p-huawei","tag-mi-smart-band-6","tag-minecraft","tag-miui","tag-mlb-scores","tag-mobile-game-design","tag-mobile-game-development","tag-mobile-game-marketing","tag-mobile-game-monetization","tag-mobile-games","tag-mobile-gaming","tag-nba-scores","tag-nba-standings","tag-nfl","tag-nfl-scores","tag-nhl-scores","tag-one-ui","tag-oneplus","tag-oneplus-9-pro","tag-oneplus-buds-pro","tag-oneplus-nord-ce-5g","tag-oxygenos","tag-p40-pro-plus","tag-poco-x3-pro","tag-pokemon","tag-premier-league","tag-pubg","tag-pubg-mobile","tag-redmi-note-10-pro","tag-samsung","tag-samsung-pay","tag-soccer","tag-sports","tag-steam","tag-steeam","tag-top-10-anime","tag-valorant","tag-when-do-the-iphone-7-come-out","tag-when-does-the-iphone-7-come-out","tag-when-is-the-iphone-7-coming-out","tag-world-cup","tag-xbox-series-x","tag-xiaomi"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/63463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/users\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/comments?post=63463"}],"version-history":[{"count":1,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/63463\/revisions"}],"predecessor-version":[{"id":63464,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/63463\/revisions\/63464"}],"wp:attachment":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/media?parent=63463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/categories?post=63463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/tags?post=63463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Analysts took a mixed view on the deal.<\/p>\n
It currently has three commercial satellite cell towers in space with ambitions to have up to 50 birds in operation by the end of 2024. After previously reporting Lynk Global was seeking additional investors earlier this year, SpaceNews<\/em> stated in June the company had secured funding to deploy six additional satellites in January.<\/p>\nCommercials Cooperation Advertisements:<\/b><\/h2>\r\n
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