{"id":56653,"date":"2021-09-16T17:01:50","date_gmt":"2021-09-16T09:01:50","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/bae-systems-acquires-small-uk-satellite-company-in-space-missions\/"},"modified":"2021-09-16T17:01:50","modified_gmt":"2021-09-16T09:01:50","slug":"bae-systems-acquires-small-uk-satellite-company-in-space-missions","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/bae-systems-acquires-small-uk-satellite-company-in-space-missions\/","title":{"rendered":"BAE Systems Acquires Small UK Satellite Company In-Space Missions"},"content":{"rendered":"<\/p>\n<p>Making a jump to have its own in-house capabilities to design and manufacture satellites, Britain\u2019s&nbsp;<strong>BAE Systems<\/strong>&nbsp;on Tuesday said it has acquired another United Kingdom-based company, <strong>In-Space Missions<\/strong>, which is currently designing and building a series of satellites for various customers.<\/p>\n<p>The acquisition gives BAE a full lifecycle satellite capability while offering In-Space Missions the ability to scale its capabilities and offerings. BAE already has various space products in waveforms, electronics, antenna, digital signal processing and analytics.<\/p>\n<p>BAE paid about $18 million for In-Space Missions, a company spokesman told&nbsp;<em>Defense Daily<\/em>. In-Space Missions has more than 30 employees.<\/p>\n<p>BAE said the acquisition will create a domestic satellite provider that could become a major competitor in the satellite market.<\/p>\n<p>\u201cThe U.K. has an opportunity to be a global player in the growing Low-Earth Orbit space market, as well as servicing its own sovereign defense and commercial needs,\u201d Ben Hudson, BAE\u2019s chief technology officer, said in a statement. \u201cThis acquisition will allow us to combine a range of space capabilities that help deliver information advantage, multi-domain operations and networking for our customers.\u201d<\/p>\n<p>This summer, In-Space Missions had the first successful launch of its Faraday Phoenix mission, which carried multiple small satellite payloads into orbit. The company is planning additional Faraday missions on a regular basis. This was a success for the company after its first Faraday satellite was lost in a <strong>Rocket Lab<\/strong> launch failure in July 2020. CEO Doug Liddle previously appeared on the <em>Via Satellite<\/em> On Orbit Podcast to talk about bouncing back from a launch failure.<\/p>\n<p>\u201cWe\u2019re already collaborating on new highly secure satellite applications and, beyond that, we\u2019re really excited about how this agreement will underpin our growth as an ambitious, U.K.-owned, prime and service provider,\u201d Liddle said in a statement.<\/p>\n<p>BAE said the acquisition fits with its strategy to pursue bolt-on acquisitions that complement existing capabilities and accelerate technology development in key areas.<\/p>\n<p><em>This article was originally published by our sister outlet Defense Daily.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Making a jump to have its own in-house capabilities to design and manufacture satellites, Britain\u2019s&nbsp;BAE Systems&nbsp;on Tuesday said it has acquired another United Kingdom-based company, In-Space Missions, which is currently designing and building a series of satellites for various customers. The acquisition gives BAE a full lifecycle satellite capability while offering In-Space Missions the ability [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":56654,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-56653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/56653"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=56653"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/56653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/56654"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=56653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=56653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=56653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}