LA PLATA, Maryland — In a remarkable turnaround, the Spanish Startical joint venture of Indra and Spanish air-navigation authority Enaire has returned to Sweden-based small-satellite builder GomSpace to build at least the initial satellites of the Startical air-traffic-management constellation.
The announcement caused GomSpace's stock to rise 53% in Dec. 11 and Dec. 12 trading on the Nasdaq First North Premier exchange.
The decision comes some 14 months after Startical terminated the original contract with GomSpace and refused to . . .
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