Torino Meatmarket

The General Enthusiasts

Home » Capital

Capital

1 min read

M&A

Enlightenment Capital backs ‘Battlefield of Things’ company

Government market investment firm Enlightenment Capital has entered a new partnership with Fenix Group, a technology integrator focused on private broadband networks and handheld communication devices.

Chantilly, Virginia-headquartered Fenix will use the added financial resources from Enlightenment to support growth through both organic means and acquisitions. Terms of the investment announced Monday were undisclosed.

Fenix started in 2016 to help create what it calls the “Battlefield of Things” sensor ecosystem to connect unmanned systems, ground sensors and commercial end-user devices into an edge network.

Read More
1 min read

TAMPA, Fla. — Seraphim Capital plans to trade stakes it has amassed in space technology startups on the public market through an investment trust.

The Seraphim Space Investment Trust will eventually comprise bets in 19 international startups, including satellite data specialist Spire Global, quantum encryption firm Arqit and space-based cellular network operator AST Space Mobile.

Those three recently got valuations of more than $1 billion in mergers with special purpose acquisition companies (SPACs), investment vehicles that offer another route to public markets. 

AST Space Mobile (ASTS) went public in April after completing its SPAC merger. Spire expects to

Read More
1 min read

Many think of Florida when the term lightning pops up in conversation. Florida has long been known as the lightning capital of the United States, but recent data suggests that’s no longer the case. 


What You Need To Know

  • By state, Oklahoma takes title as lightning capital in the U.S.
  • By county, Seminole and Orange Counties in Florida remain the lightning capitals
  • Vaisala observed that Florida averages 82.8 flashes of lightning per square kilometer per year
  • Vaisala owns and operates their own lightning detection network

Lightning strikes the Earth about 100 times a second! That comes out to nearly 3

Read More
1 min read

It hasn’t benefited from the novel coronavirus. It’s even kinda, sorta failed to be part of a recent and more defensive rotation on Wall Street. But when it comes to today’s General Electric (NYSE:GE), shares may be ready to bring more good things to life for bullish investors. Let’s examine what’s happening in GE stock both off and on the price chart, then offer a well-aligned, risk-adjusted way to position more smartly.

Source: Pavel Kapysh / Shutterstock.com

General Electric. Unlike technology outfits such as Amazon (NASDAQ:AMZN) or Zoom Video (NASDAQ:ZM), which profited from the

Read More
1 min read
GE is selling the aircraft leasing business known as GECAS to rival AerCap (AER), an Ireland-based company that will become by far the largest company in that industry with an estimated 25{41490b4d0cf0dbc5ec3f65e11fff509c7d6ed2a53a838ebf7adf43f0908f07f3} to 30{41490b4d0cf0dbc5ec3f65e11fff509c7d6ed2a53a838ebf7adf43f0908f07f3} share of the market. GE will receive $24 billion in cash and stock that will give it about a 46{41490b4d0cf0dbc5ec3f65e11fff509c7d6ed2a53a838ebf7adf43f0908f07f3} stake in the combined company.
The company plans to use proceeds to reduce its debt load by about $30 billion, part of a multi-year effort to slash $70 billion of debt from its balance sheet. It is the latest and among the most
Read More
1 min read

General Electric Co.

GE -7.40{41490b4d0cf0dbc5ec3f65e11fff509c7d6ed2a53a838ebf7adf43f0908f07f3}

Chief Executive

Larry Culp

is turning off the lights at GE Capital, a once-sprawling lender, and shedding debts that have hung over the industrial giant since the 2008 financial crisis.

On Wednesday, GE agreed to combine its jet-leasing unit, GE Capital Aviation Services, with rival

AerCap Holdings

AER 8.30{41490b4d0cf0dbc5ec3f65e11fff509c7d6ed2a53a838ebf7adf43f0908f07f3}

NV in a deal worth more than $30 billion. It will create a leasing giant with more than 2,000 aircraft at a time when global travel has been hobbled by the Covid-19 pandemic. The Wall Street Journal reported Sunday that the two companies were near a … Read More