Satellite News

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.

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.

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.

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.

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

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

Orbital ATK, Inc. reported financial results for the third quarter of 2017.

Telesat Canada announced its financial results for the three and nine-month periods ending 30 September 2017.