Orbital Sciences is to acquire the space systems business of CTA for $12 million in cash and the assumption of $25 million in debt. The CTA unit manufactures small satellites and had 1996 sales of $80 million, with an order backlog exceeding $150 million.
Source: Flight International
Orbital launch pioneer SpaceX is being contracted by the American space agency NASA to develop a so-called “US Deorbit Vehicle” that can safely return the International Space Station to Earth via controlled re-entry.
BAE Systems has completed its acquisition of Ball Aerospace, with the move further strengthening its US business presence.
NASA’s Jet Propulsion Laboratory has retired its Mars helicopter Ingenuity after the craft suffered damage upon landing.
