Tag: Satellite Applications
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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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China Unveils Action Plan to Boost Commercial Space Firms and Overseas Expansion
China’s space agency has released a two-year action plan aimed at accelerating the growth of its commercial space sector and encouraging private companies to expand overseas and participate in international cooperation, according to a policy document issued this week. The plan, released by the China National Space Administration (CNSA) on Tuesday, calls on Chinese commercial…