Broomfield-based Gogo Business Aviation (NASDAQ: GOGO) has announced the completion of its acquisition of Satcom Direct (SD) for $375 million in cash and 5 million shares of Gogo stock. The transaction includes potential additional payments of up to $225 million based on performance thresholds over the next four years. Gogo funded the deal through $250...
Broomfield-based Gogo Business Aviation revealed several officer appointments and resignations effective upon the closing of its acquisition of Satcom Direct. Chris Moore has been appointed as the new CEO and a member of the board of directors post-closing. Moore joins Gogo from Satcom Direct where he has held various leadership positions since 2012, including president...
Lakewood Mayor Wendi Strom and City Council members helped Google Fiber officially open its Colorado headquarters Nov. 25 in Belmar, Downtown Lakewood, with a ribbon cutting. This event marks a milestone in the city’s efforts to improve high-speed digital accessibility for residents and businesses. Lakewood is the first city in Colorado to receive the GFiber...
Performance Food Group Co. (PFG) has chosen Westminster-based Trimble Inc. (Nasdaq: TRMB) as its premier fleet management provider, migrating 100% of its fleet management operations to Trimble Instinct. This shift will double the number of trucks managed with Trimble technology from 4,000 to more than 8,000. Trimble will provide fleet management and telematics solutions to...
Wowza Media Systems LLC, a Lakewood provider of live and on-demand video streaming software, has appointed Krish Kumar as CEO, effective Dec. 2, 2024. Kumar succeeds Dave Stubenvoll, co-founder and CEO, who has led the company since its inception in 2007. Stubenvoll will continue to be an investor and serve on Wowza’s board of directors....
Intrepid Fiber Networks held a groundbreaking ceremony in Broomfield on Nov. 13, marking the start of construction and installation of a city-wide fiber broadband network. The company secured a license agreement with the City of Broomfield in August to deploy the high-speed network. Intrepid announced its expansion into Broomfield in May, which is part of...
Trimble Inc. (NASDAQ: TRMB), based in Westminster, received a staff delisting determination from Nasdaq on Nov. 13, 2024. The determination, which Trimble said it expected, indicates that the company has not complied with Nasdaq Listing Rule 5250(c)(1), which mandates timely filing of periodic financial reports with the Securities and Exchange Commission. Trimble has also been...
Lunar Outpost, a Golden-based company specializing in lunar surface mobility and space robotics, has announced the successful completion of a Series A funding round. The round was co-led by Type One Ventures and Industrious Ventures, with additional participation from Promus Ventures. The capital raised will support Lunar Outpost’s ongoing initiatives, including a contract with NASA...
Trimble (Nasdaq: TRMB) expanded support for the HALO Trust, a global humanitarian landmine-clearance nonprofit organization. Westminster-based Trimble is donating an additional 175 Trimble Catalyst GNSS systems, including Trimble DA2 GNSS receivers, to enhance the HALO Trust’s demining operations worldwide. This latest donation aims to bolster the productivity of the HALO Trust’s mine clearance teams. The...
Gogo Business Aviation (NASDAQ: GOGO) announced that its Gogo Galileo HDX electronically steerable antenna (ESA) has passed FAA-mandated DO-160 qualification testing. The antenna is designed to provide access to Low Earth Orbit (LEO) satellite networks for all sizes of business aircraft. “Passing DO-160 keeps us on track to receive the first-article Supplemental Type Certificate (STC)...
Mobilize Vision, an Arvada-based product and data company, has partnered with the Department of the Air Force to host over $34 million in innovation funding within its VISION Joint Innovation System. This collaboration introduces the Squadron Innovation Fund (SIF) Marketplace into VISION for the first time, aiming to change how innovation funds are distributed. The...