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.
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Thursday, December 4
Starlink launches in Korea with focus on ships, planes
Korea Herald — 6:16 am ET (1116 GMT) Starlink unveils internet plans for Korea, announces supply agreements with three enterprises
JoongAng Daily — 6:15 am ET (1115 GMT) Starlink launches service in South Korea, offers residential plan at 87,000 won
Chosun Ilbo — 6:15 am ET (1115 GMT) Second SpaceX launch this week to liftoff Thursday morning from Vandenberg SFB
Lompoc Record — 6:14 am ET (1114 GMT) SpaceX set to launch Falcon 9 rocket at Vandenberg Space Force Base on Thursday
KSBY-TV San Luis Obispo, CA — 6:13 am ET (1113 GMT) |
