https://techmonitor.ai/policy/inmarsat-viasat-deal-starlink > UK satellite telecommunications provider Inmarsat is set to become the latest high-value British tech company to fall into foreign ownership, having agreed a takeover worth $7.3bn with US rival Viasat. Although the space industry’s recent focus has been low-earth orbit satellites, geostationary satellites such as those provided by Inmarsat are set to remain vital to the work of many businesses. Despite this strategic importance, the UK government is unlikely to block the sale, experts say. > The deal for Inmarsat, announced late on Monday, would see Viasat pay $850m in cash and $3.1bn in shares for its London-based rival. The US company already provides satellite-enabled communications and connectivity services to customers in the shipping, aviation and defence sectors. Acquiring Inmarsat will enable it to extend its global reach.