D2D providers Lynk Global, Omnispace merge into Elveo; CEO details strategy and schedule for 320-satellite network

by Peter B. de Selding

Update Aug. 17: This story was updated to add Nelco Ltd of India as a strategic investor in Elveo

TUPPER LAKE, NY — Satellite direct-to-device providers Lynk Global and Omnispace said their merger has closed with final regulatory approvals and that the new company, called Elveo, would now be getting equity investments, notably from satellite fleet operator SES.

Other investors include Fortress, Stepstone, Columbia Capital, Telcom Ventures and Blazar Ventures.

Elveo announced . . .

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