Leonardo DRS sold its satellite communications business to SES for $450 million after considering bids from several interested buyers.
Leonardo DRS, a provider of satellite communications services to the U.S. government, announced March 22 it is selling its satcom business to satellite operator SES in a $450 million deal.
Europe has tasked an Airbus-led group to devise its own quantum communications network as startup Arqit raises $400 million for a space-based system.
The European Space Agency has awarded study contracts to Airbus and Eutelsat consortia to identify what solutions and “disruptive technologies” the agency should focus on.
The European Space Agency’s penchant for a major lunar exploration program that would precede a full-scale exploration of Mars was fully in evidence on July 12 with the signing of a contract to put an ESA drill on Russia’s Luna-Resurs lunar lander.