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


SNC to spin off space business
Posted: Sun, Apr 18, 2021, 11:30 AM ET (1530 GMT)
Sierra Nevada Corporation (SNC) plans to spin off its space division into an independent business. The company said its Space Systems division will be transformed into a separate company, Sierra Space, although remaining a subsidiary of SNC. The company explained the move as a way of better capturing projected growth in the space industry, including applications for its Dream Chaser spaceplane and an inflatable habitation module called LIFE. SNC said revenues from its space business, currently $400 million a year, could grow to as much as $4 billion in 5 to 10 years. The company said details about the creation of Sierra Space have yet to be worked out, but that the process will take several months to complete.
Related Links:
<<previous article   next article>>
news in brief
Cosmonauts perform ISS spacewalk
Posted: Sat, Oct 18 11:21 AM ET (1521 GMT)

Ariane 64 debut slips to 2026
Posted: Sat, Oct 18 11:17 AM ET (1517 GMT)

SpaceX wins permission to double Vandenberg launch rate
Posted: Sat, Oct 18 11:16 AM ET (1516 GMT)

news links
Sunday, October 19
Greedy black hole feeds via two spiral arms
Netherlands Research School for Astronomy — 12:39 pm ET (1639 GMT)
Solstar Space Signs $15 Million Global Agreement with Momentus
Solstar Space Co. — 12:36 pm ET (1636 GMT)
ANT61 Signs LOI with Lumir
Space and Defense — 12:36 pm ET (1636 GMT)


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