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Acquisition Tracker
Announced August 17, 2026

Lynk Global and Omnispace acquires Elveo Mobile (new company formed by the merger)

Acquirer
Lynk Global and Omnispace
Target
Elveo Mobile (new company formed by the merger)
Deal Value
Undisclosed
Status
Completed
Announced
August 17, 2026

What happened

Lynk Global and Omnispace have completed their merger and launched the combined company Elveo Mobile. SES announced an expanded strategic investment and collaboration to support Elveo in accelerating global direct-to-device (D2D) satellite connectivity services.

Why it matters

The deal consolidates complementary D2D spectrum and LEO technology under a single operator and brings SES multi-orbit support and investment, accelerating carrier-facing satellite-to-phone connectivity options and raising the stakes in the D2D market. It signals renewed consolidation and commercialisation momentum in satellite-based mobile connectivity for carriers and enterprises.

satellite
D2D
merger

Source: Business Wire (SES press release)