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Archive for the 'BUSINESS' Category

AeroVironment in joint venture with Japan’s Softbank

January 3rd, 2018 by

AeroVironment, Inc. announced the formation of a joint venture to develop solar-powered high-altitude long-endurance, or HALE, UAS for commercial operations. This category of UAS is also referred to as high-altitude pseudo-satellites, or HAPS. The joint venture will fund the development programme up to a net maximum value of US$65,011,481.

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Orbital ATK stockholders approve acquisition by Northrop Grumman

November 29th, 2017 by

Orbital ATK, Inc. announced that its stockholders overwhelmingly approved the merger agreement providing for the proposed acquisition of Orbital ATK by Northrop Grumman Corporation at a special meeting of stockholders held on 29 November 2017.

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SES and ESA set up new government satcom platform

November 21st, 2017 by

SES leads a European consortium of industry partners to sign an agreement with the European Space Agency (ESA) to set up Pacis-1, a new satellite communication platform for governments that is aimed at making secure satellite communications accessible and available to governments and institutions.

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SSTL confirms sale of SST-US assets to General Atomics

November 13th, 2017 by

Surrey Satellite Technology Limited (SSTL) announced that General Atomics (GA) has acquired the assets of SSTL’s subsidiary in the U.S. (SST-US) as well as taking over its on-going projects.

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FIMI completes control acquisition transaction in IAI’s ImageSat

November 6th, 2017 by

Israel Aerospace Industries (IAI) announced it has entered an agreement with FIMI, the largest Private Equity fund in Israel (FIMI).

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Maxar Technologies results Q3 2017

November 3rd, 2017 by

Maxar Technologies Ltd. (formerly MacDonald, Dettwiler and Associates Ltd.) reported financial results for the third quarter ending 30 September 2017. U

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