SpaceX plans to acquire one of its competitors for broadband satellites — Swarm Technologies — as it continues to grow its Starlink megaconstellation.

Swarm discussed the planned acquisition in filings with the Federal Communications Commission Friday (Aug. 6), saying in the documentation that the companies inked a merger deal on July 16. The terms will see Swarm operate as a wholly owned subsidiary of SpaceX, the filings state. The filing was first reported by SpaceNews.



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