US broadband vendor Inseego completed its deal to buy Nokia’s fixed wireless access (FWA) CPE business, in a move it expects will roughly double its revenue.

By adding indoor, outdoor and mmWave FWA technologies to its wireless broadband portfolio, Inseego stated it now has a global presence across consumer and business connectivity.

Its footprint for operators now includes Europe, the Middle East, Asia, Oceania and the Americas, while also expanding its engineering capabilities.

To support its global ambition, Inseego established an international headquarters in Amsterdam, a development centre in Athens, Greece, expanded its presence in Bangalore, India, and added customer-facing sales and technical resources across its new markets.

“We now have the scale, technology, and global reach to support carriers across business, residential, and mobile use cases,” Inseego CEO Juho Sarvikas said.

The deal, announced in April, grants Nokia approximately 1.9 million common shares, representing an 11% ownership stake in Inseego

The Finnish vendor also received warrants to purchase up to 800,000 shares of common stock, at an exercise price of $4.26 per share.

Nokia will also kick in a further $10 million cash payment by 15 October to support engineering work on interoperability between Inseego’s device operating system and cloud platform and certain Nokia technology ecosystems over the coming year.

Nokia will provide transition support and refer new FWA opportunities to Inseego.

About 250 people from the acquired business will support Inseego’s engineering, product management, supply chain, sourcing and customer support operations. They include employees joining Inseego and Nokia personnel providing support under a transition services agreement.

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Nokia and satellite sector specialist ICEYE inked a deal to develop sovereign low Earth orbit (LEO)-based communications systems for government use cases including defence, border security and disaster response.

The Finnish pair aim to launch the first communications satellites for the project in 2028, noting the planned systems would give nations ownership and control of the satellites, ground infrastructure and terminals.

In a joint statement, they explained they intend to deliver “targeted, high-throughput, low-latency connectivity over priority mission areas” to complement existing military and commercial networks rather than replace them.

Their birds are expected to add reach, resilience and capacity for critical connections.

The pact draws on ICEYE’s expertise in delivering sovereign satellite projects in Europe, and Nokia’s experience in networks and defence.

They plan to “integrate satellites, ground infrastructure and ruggedised end-user terminals” to extend ICEYE’s so-called sovereign intelligence from space business model to satellite communications.

The satellite company has customers in defence, environmental monitoring, insurance and emergency management, among others, operating what it describes as the world’s largest and most advanced synthetic aperture radar satellite constellation.

It provides data services and whole sovereign satellite projects.

Complementary
ICEYE CEO and co-founder Rafal Modrzewski said “nations must be able to fully own and control their communications, without dependency on a foreign commercial operator’s terms of service”.

“We delivered Poland its own radar satellite system in under a year. Partnering with Nokia lets us move at a similar speed for satellite communications, on the timelines nations need.”

Nokia president and CEO Justin Hotard added “sovereign operations depend on the ability to sense, decide and act in real time. Physical AI makes that possible, but only with secure, resilient connectivity across land, sea, air and space”.

He added the joint project would complement terrestrial networks “giving nations the situational awareness, connectivity and control they need to operate with confidence in contested environments across all domains”.

The move is the latest from European companies targeting increasing demand for sovereign technology systems from commercial and public sector organisations.

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German investigators have linked an arson attack in Munich, the planned sabotage of drone manufacturer Skyeton near Prešov, and an attempted attack using an explosive drone at Leipzig-Halle Airport to Russia’s military intelligence agency, the GRU, according to media reports.

The most important finding is that part of this network was said to have operated from Slovakia.

We do not yet know all the details of the ongoing investigation, and I trust that Slovak security authorities will thoroughly examine the circumstances of the case and determine the true scope of the entire operation.

However, according to the German security services’ findings so far, the Slovak connection is not marginal.

Slovakia may have served as one of the hubs of a wider network linked to Russia’s military intelligence agency, the GRU.

According to German security sources, two Bulgarian nationals detained after the arson attack in Munich on 3 September were part of a GRU-linked group operating from Slovakia. Incendiary devices were thrown near Rohde & Schwarz and Helsing, companies linked to the defence industry and support for Ukraine.

The same wider network was said to have been preparing an arson attack on Skyeton’s plant near Prešov, which produces reconnaissance drones for Ukraine. Slovak authorities thwarted the plan and detained Latvian and Ukrainian nationals. Another suspect was detained in Germany.

The nationality of those carrying out the attacks is not decisive.

The current model of Russian operations uses nationals of different countries, often recruited through intermediaries. A professional GRU officer can therefore remain several layers removed from the attack itself. Recruitment may take place via Telegram, payments through cryptocurrencies, and those carrying out the attacks may not even know precisely who the real instigator is.

German investigators argued there was also a link to an attempted attack using an explosive drone at Leipzig-Halle Airport on 4 August.

The target was reportedly a Ukrainian cargo aircraft used to transport material. The German government subsequently publicly attributed responsibility for the incident to Russia.

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