Author: Nichols Martin|| Date Published: May 26, 2021
Phantom Space has acquired Tucson, Arizona-based flight hardware developer StratSpace for an undisclosed sum in a move to expand satellite launch and data infrastructure offerings.
Phantom said Tuesday it aims to offer daily space access by integrating the company’s Daytona and Laguna rocket platforms with core StratSpace technology assets.
StratSpace has helped customers build, engineer and manage systems for 46 space programs over a span of 20 years. Clients included Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), Boeing (NYSE: BA) and NASA.
“Our goal at Phantom is to create a world where access to space truly is democratized and anyone could effectively launch satellites on their own schedule and to an orbital plane of their choosing for their given application, and we are excited to accelerate this work through the acquisition of StratSpace,” said Michal Prywata, co-founder of Phantom.
Founded in 2019, Phantom has booked more than $100 million in contracts to date to support customers’ satellite manufacturing and launch efforts.
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