mergers and acquisitions
Raytheon Technologies announced Sept. 14 it intends to acquire SEAKR Engineering, a privately owned supplier of space electronics based in Centennial, Colorado.
Companies that operate both geostationary satellites and low Earth orbit constellations say they see opportunities to acquire complementary firms but cautioned that a long-projected consolidation of the industry isn’t likely in the near future.
A group of 13 members of Congress in a letter argue that DoD should support Lockheed Martin’s proposed $4.4 billion acquisition of rocket engine manufacturer Aerojet Rocketdyne.
Geost, a company that supplies space surveillance sensors to the U.S. military and intelligence agencies, has been acquired by ATL Partners, a private equity firm.
Lockheed Martin’s proposed $4.4 billion acquisition of rocket engine manufacturer Aerojet Rocketdyne is under a cloud of uncertainty after Federal Trade Commission Chair Lina Khan expressed concerns about vertical mergers.
AE Industrial Partners subsidiary American Pacific Corp. announced a multimillion-dollar investment in Frontier Aerospace, a space propulsion startup based in Simi Valley, California. The terms of the deal were not disclosed.
BlackSky announced Feb. 18 it has signed a deal to go public through a merger with Osprey Technology Acquisition Corp.
Money will continue flowing into the space industry from government agencies, private equity firms and public markets, according to panelists at the 2021 SmallSat Symposium.
Satellite communications provider Speedcast is scheduled to emerge from Chapter 11 bankruptcy by March 31 after winning approval to reorganize under a new owner, private Equity firm Centerbridge Partners.