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Raytheon Technologies (NYSE: RTX) has closed its acquisition of small satellites provider Blue Canyon Technologies and will now integrate BCT into its intelligence and space business.

Raytheon Technologies (NYSE: RTX) has agreed to acquire small satellites provider Blue Canyon Technologies for an undisclosed sum as part of efforts to expand its platforms in support of clients’ space missions. “What makes Blue Canyon Technologies the right fit for our business is its agile, innovative culture and expertise in small satellite systems and technologies,” said Roy Azevedo, president of Raytheon Intelligence and Space and a 2020 Wash100 Award winner.

NASA has awarded 14 companies contracts worth approximately $43.2M combined to develop technologies for the space agency’s lunar and Mars exploration programs.