SpaceX Buys Swarm Technologies - The SmallSats Company

Elon Musk's SpaceX has bought Swarm Technologies - the company that specializes in manufacturing smallsat hardware to offer connectivity to IoT devices. Swarm has had its own ups and downs with the FCC. In 2017, FCC had denied Swarm to launch its satellites as they could be safety hazard to spacecrafts. With its latest acquisition, SpaceX is looking to benefit from Swarm's IP and expertise for its ambitious Starlink project - which is installing several Internet satellites in space.