Space technology developer Intuitive Machines has agreed to go public as part of a planned merger with New York-based blank check company Inflection Point Acquisition Corp. (Nasdaq: IPAX). The combined entity will list securities on the Nasdaq upon completion of the deal and estimates it will exceed $1 billion in pro forma equity value, Intuitive...
The satellite communications industry — a once-sleepy sector — is indisputably booming right now. With the ubiquity of launch, the skyrocketing growth of commercial infrastructure in space, the exponentially increasing importance of resilient communications and the creeping volatility of the space domain, satellite networks are in the spotlight ...
A Raytheon Technologies (NYSE: RTX) subsidiary has secured a two-year, $182 million contract from the U.S. Army to provide a ground-based air defense system to Ukraine as part of a military aid package. The Department of Defense obligated the full amount to procure National Advanced Surface-to-Air Missile Systems using fiscal 2022 Ukraine Security A...
Bechtel Corporation is an American procurement, project, and construction management firm founded in San Francisco, California, in 1898. The Bechtel group headquarters are in Reston, Virginia, after it relocated to the Washington D.C. area in 2018. It is the largest construction company in the U.S. and offers primary services, including finance, tun...
Lunar lander maker Astrobotic Technology has agreed to make a stalking-horse offer for “substantially all” of the assets of Masten Space Systems, SpaceNews reported Tuesday. Astrobotic’s $4.2 million bid for Masten’s assets includes a SpaceX launch credit valued at approximately $14 million and the agreement does not preclude Masten from sol...
John Olson, the Department of the Air Force’s first chief data and artificial intelligence officer, has been promoted to the rank of major general. Olson, who also serves as mobilization assistant to the chief of space operations, is responsible for leading efforts at the Space Force and Air Force to operationalize data and reach AI...
Satellite communication services provider Anuvu looks to expand its government-focused business arm with its recent acquisition of Signal Mountain Networks, a networks and professional services contractor in the federal landscape. Signal Mountain holds a spot on government contracting vehicles and has a two-decade history of providing satcom service...
Elizabeth Robertson, formerly a program manager of Dynetics, has been elevated to a vice president role at the Leidos (NYSE: LDOS) subsidiary, she announced Sunday in a LinkedIn post. Robertson has managed Dynetics’ Enduring Shield program since December 2021. The Huntsville, Alabama-based business won a $237 million contract last year to buil...
The space divisions of Lockheed Martin (NYSE: LMT) and Maxar Technologies (NYSE: MAXR) have received 10-month contracts to study spacecraft designs for the National Oceanic and Atmospheric Administration’s Geostationary Extended Observations program with NASA. NASA awarded $5 million to each contractor to conduct concept development and technology...
Sierra Nevada Corp.‘s space subsidiary has created a group that will advise the business on matters related to national security threats and technology trends. James “Hondo” Geurts, former acting undersecretary and acquisition chief of the U.S. Navy and a previous Wash100 awardee, will lead the national security advisory group at Sierra Space ...
