MANCHESTER, UK -- David McCourt, an international entrepreneur with 30 years of telecoms experience, has outlined how future growth of the industry will depend on innovative companies such as newly-purchased Skyware Technologies (SWT).

Based in Manchester, UK, with further locations in Germany, Asia and the United States, Skyware Technologies is a world-leading innovator in Ka and Ku-band satellite terminals and electronics, fully-owned by McCourt’s investment firm, Granahan McCourt Capital.

As the latest acquisition in a portfolio specialising in technology, media and telecoms, Skyware Technologies is now expected to grow by more than 50 per cent over each of the next three years.

The company is a global leader in advanced integrated terminal solutions and satellite RF electronics, with operations on three continents. Its clients include leaders in broadcast, oil and gas, along with government and military clients. These customers include major companies such as Inmarsat, Boeing and Airbus. SWT’s winning combination of high technology, low-cost manufacturing and ground-breaking technology makes it unique in the market.

McCourt said: “We have bought Skyware Technologies because it fits in perfectly with Granahan McCourt’s vision of how the needs of under-served parts of the world will be met through boldness and innovation in design, manufacture and on-the-ground implementation of satellite technology."

Granahan McCourt Capital LLC