spacetoday.net: space news from around the webin association with SpaceNews


Sierra Nevada to acquire SpaceDev
Posted: Tue, Oct 21, 2008, 7:15 AM ET (1115 GMT)
SpaceDev announced late Monday that it has reached an agreement to be acquired by Sierra Nevada Corporation (SNC) for $38 million. SpaceDev, based in the San Diego area, is a developer of small satellites, hybrid propulsion systems, and other space technology. SNC plans to use SpaceDev to create an integrated space technologies unit, combining SpaceDev with MicroSat Systems, another smallsat manufacturer acquired by SNC early this year. The acquisition values SpaceDev at $0.68-0.72 per share; the company closed at $0.42/share on Monday before the acquisition was announced. SpaceDev is best known as the manufacturer of the hybrid rocket motors used on SpaceShipOne in its 2003 and 2004 test flights, as well as the CHIPSat smallsat for NASA and the Trailblazer satellite for the Defense Department's ORS Office. The company's founder, Jim Benson, passed away earlier this month.
<<previous article   next article>>
news in brief
Starship explodes during preparations for static-fire test
Posted: Sun, Jun 22 6:52 AM ET (1052 GMT)

French government leads investment in Eutelsat
Posted: Sat, Jun 21 8:38 AM ET (1238 GMT)

NASA further delays Ax-4 launch
Posted: Sat, Jun 21 8:34 AM ET (1234 GMT)

news links
Wednesday, July 2
Starlink’s Wi-Fi Is Faster in the Air Than on the Ground
CNET News.com — 6:04 am ET (1004 GMT)
Elon Musk’s Starlink now in Sri Lanka
Daily Mirror (Sri Lanka) — 6:03 am ET (1003 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list