Tag: Acquisition
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UK Rocket Builder Orbex in Talks to Sell Business to The Exploration Company
UK-based rocket manufacturer Orbex said it has signed a letter of intent to sell its business to European space logistics startup The Exploration Company, marking a potential consolidation move within Europe’s emerging launch sector. Orbex confirmed on Jan. 21 that negotiations have begun but said all details of the proposed transaction remain confidential. The company…
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Parsons Strikes $375 Million Deal for Altamira Technologies
Parsons Corporation said it has agreed to acquire Altamira Technologies Corp. in a transaction valued at up to $375 million, strengthening its footprint across defense, intelligence, cyber and space missions. Parsons will pay $330 million in cash at closing, with up to an additional $45 million payable in the first quarter of 2027 if Altamira…
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Intuitive Machines Completes $800 Million Acquisition of Lanteris Space Systems
Intuitive Machines said it has completed the acquisition of Lanteris Space Systems, formerly known as Maxar Space Systems, in a move aimed at transforming the company into a vertically integrated space prime serving defense, civil and commercial customers. The transaction, first announced in November, was completed under unchanged terms, with a purchase price of $800…
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Pentagon to Invest $1 Billion in L3Harris Missile Unit Ahead of Planned Spinoff
The Pentagon said it will invest $1 billion in the missile business of L3Harris Technologies as part of a plan to spin the unit off into a separate publicly traded company, a move intended to accelerate weapons production for future conflicts. L3Harris said on Tuesday the missile segment would be separated into a stand-alone company,…
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TransDigm to Acquire Stellant Systems for $960 Million in Cash
U.S. aerospace components maker TransDigm Group said it has agreed to acquire Stellant Systems, a manufacturer of radio frequency and microwave amplification products, in an all-cash transaction valued at $960 million, expanding its exposure to space and defence electronics. TransDigm announced the definitive agreement on Dec. 31, saying the acquisition remains subject to customary regulatory…
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The Exploration Company Acquires Germany’s Thrustworks to Boost Manufacturing Capacity
The Exploration Company has acquired German additive manufacturing firm Thrustworks, strengthening its production capabilities and broadening its commercial activities as it progresses toward the planned 2028 debut of its modular spacecraft, the company said on Monday. Thrustworks, founded in 2023, specialises in high-performance metal components for space and defence applications. The company provides end-to-end manufacturing…
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Firefly Aerospace Completes Acquisition of SciTec, Expanding Defense and Space Capabilities
Firefly Aerospace has officially completed its acquisition of SciTec, Inc., solidifying a major expansion of the company’s defense and space technology portfolio. The deal, first announced on October 5, was finalized through a combination of cash and Firefly common stock paid to SciTec’s owners. Firefly CEO Jason Kim said the acquisition marks a defining moment…
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IonQ Moves to Acquire Skyloom, Expanding Push Into Space-Based Quantum Networks
IonQ is preparing to acquire Skyloom Global, a specialist in space-based optical communications, in a deal aimed at accelerating the company’s expansion across quantum computing, networking, and sensing technologies. The planned acquisition — revealed by Chairman and CEO Niccolò de Masi during an interview on CNBC — is positioned as a major step toward building…