M&A Transactions
Iridium Communications, Inc. has agreed to acquire the remaining 61% equity stake in Aireon LLC, a provider of a space-based Automatic Dependent Surveillance-Broadcast ("ADS-B") air traffic surveillance system within commercial aerospace markets. The transaction is valued up to $366.7 million.
PMGC Holdings, Inc. (NASDAQ: ELAB) has acquired A&B Aerospace, Inc., a provider of high-tolerance parts and assemblies within commercial aerospace and defense markets. The transaction is valued at $4.5 million.
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