Northrop to acquire Scaled Composites
Posted: Sat, Jul 21, 2007, 10:40 AM ET (1440 GMT)
Northrop Grumman confirmed Friday that it has acquired Scaled Composites, the developer of the SpaceShipOne and SpaceShipTwo suborbital spacecraft. Northrop, which previously acquired 40 percent of the Mojave, California-based company, increased its stake to 100 percent in a transaction earlier this month. A formal announcement about the deal is expected to be made on Monday. The acquisition will not affect the ongoing development of SpaceShipTwo, a suborbital commercial passenger spacecraft, for space tourism company Virgin Galactic.
Northrop Grumman confirmed Friday that it has acquired Scaled Composites, the developer of the SpaceShipOne and SpaceShipTwo suborbital spacecraft. Northrop, which previously acquired 40 percent of the Mojave, California-based company, increased its stake to 100 percent in a transaction earlier this month. A formal announcement about the deal is expected to be made on Monday. The acquisition will not affect the ongoing development of SpaceShipTwo, a suborbital commercial passenger spacecraft, for space tourism company Virgin Galactic.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
SpaceX sets Nov. 18 launch date for sixth Starship test flight
Posted: Sat, Nov 9 9:57 AM ET (1457 GMT) |
|
news links
|
|
Thursday, November 21
TRISH to conduct space health research on New Shepard space missions
Baylor College of Medicine — 1:13 am ET (0613 GMT) Sierra Space’s Commercial Space Station Technology Nears Certification
Sierra Space — 1:12 am ET (0612 GMT) Sen. Tommy Tuberville confident Space Command will move to Huntsville once Trump in office
WAAY-TV Huntsville, AL — 1:11 am ET (0611 GMT) Bengaluru Tech Summit: Draft Karnataka Space Tech policy launched
Business Standard — 1:06 am ET (0606 GMT) Working together in space can enhance worldly ties between Australia and Japan
The Interpreter — 1:06 am ET (0606 GMT) |
