Search results for MOSS
Industry
Hanwha Systems to work with TTA on next-generation military communications network
Hanwha Systems said on Wednesday it will cooperate with the Telecommunications Technology Association (TTA) to develop a next-generation military communications network. The two organisations will pursue an AI-based 5G tactical communications system that integrates ground and non-ground networks. They plan to reflect 3GPP-based commercial 5G and 6G technologies and NATO standards from early planning and design, and verify compatibility to meet EU and NATO market requirements.
Crypto
UK bitcoin treasury firm Satsuma sells all BTC, moves toward delisting
UK bitcoin treasury firm Satsuma Technology will sell all 668 bitcoin it holds and wind down the business, less than a year after adopting bitcoin holdings as a core strategy. Shareholders approved the sale and a London Stock Exchange delisting with more than 90 percent support. After selling about $43.5 million of bitcoin, the company plans to refund remaining funds via a UK “B share scheme”, projecting payouts of 26.8 million to 30.0 million pounds after costs.
Telecommunications & Media
Private equity fund backing SpaceX sees 201 percent surge in inflows
Kevin Moss, who runs a private equity fund that offers early investment access to unlisted technology companies, is drawing attention for making Elon Musk\'s space company SpaceX a key holding. The roughly $1.1 billion fund had about $151 million invested in SpaceX as of December, its largest position. As SpaceX listing speculation grew, inflows to the fund surged 201 percent over a year, even as investors receive limited detail on valuations and contributions.