Solix Acquires Cobham Satcom to Boost Maritime Technology Focus

A Scandinavian mid-tier investment firm has acquired Cobham Satcom, a manufacturer of satellite communications terminals, in a move to expand its technology focus within the maritime sector. The UK-based defence technology provider, Cobham Group, sold its satellite communications arm to Solix, based in Copenhagen, Denmark. This acquisition will enable Cobham Satcom to invest in new communications terminals for various satellite networks, including Inmarsat’s NexusWave, Iridium’s Certus GMDSS, and Eutelsat OneWeb.

The transaction is expected to position Cobham Satcom for growth opportunities in the global government, defence, and maritime industries. Christophe Duret, the CEO of Cobham Satcom, emphasized the company’s established capabilities and technology within the maritime industry since the 1950s. The acquisition will allow Cobham Satcom to accelerate its strategy in developing and delivering connectivity and safety solutions to its global customer segments, with a focus on government and defence customers.

Solix anticipates that Cobham Satcom will fast-track its growth strategy in the maritime and government markets in the coming years. The completion of this transaction is subject to customary regulatory approvals and is expected to be finalized in 2025. This acquisition highlights Cobham Satcom’s commitment to innovation and expansion in the satellite communications industry, particularly in developing new market-leading solutions for critical sectors such as government and defence.

Overall, the acquisition of Cobham Satcom by Solix signifies a strategic move to enhance the company’s presence in the maritime industry and increase shareholder value. The transaction will enable Cobham Satcom to invest in new communication terminals for various satellite networks, positioning the company for growth opportunities in key sectors such as government, defence, and maritime. The completion of this transaction is pending regulatory approvals and is expected to be finalized in 2025, paving the way for Cobham Satcom to further develop and deliver innovative connectivity and safety solutions to its global customer base.

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