Swedish Space Corp. Acquires Universal Space Network

Swedish Space Corporation

SSC PRESS RELEASE

The Swedish Space Corporation (SSC), a global provider of mission critical systems and services to the space and aerospace markets, has received all necessary approvals from the U.S. Government and has completed the acquisition of U.S.-based Universal Space Network (USN), a leader in space operations for telemetry, tracking and command (TT&C) services. USN will operate as a U.S Corporation and subsidiary of SSC with no change to its operation or organization.

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Swedish Space Corporation Buys U.S.-Based Universal Space Network

SSC PRESS RELEASE

The Swedish Space Corporation (SSC) and Universal Space Network (USN) have reached an agreement in which SSC will acquire all the shares of US-based USN. The two companies have been working in close cooperation for the last ten years, providing satellite owners with access to a cohesive network of ground stations that provide near-global coverage of any spacecraft orbit. PrioraNet, the trademarked name of this worldwide satellite tracking service, has successfully supported civil space, commercial and public missions since 1999.

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