Grows Redwire Platform in Europe with Profitable Revenue and Backlog Expansion

 Expected to Be Accretive to Adjusted EBITDA and Free Cash Flow Upon Closing

Transaction Financing Commitment from AE Industrial Partners

JACKSONVILLE, Fla. October 3, 2022 (Redwire PR) – Redwire Corporation (NYSE: RDW), a leader in critical space infrastructure for the next generation space economy, announced today that the Company has entered into a definitive agreement with QinetiQ Group plc (“QinetiQ Group”) to acquire its QinetiQ Space NV (“Space NV”) business, a Belgium-based commercial space business providing design and integration of critical space infrastructure and other instruments for end-to-end space missions. Under the terms of the agreement, Redwire will acquire Space NV for €32 million, subject to customary working capital adjustments. Upon closing, the transaction is expected to be accretive to Redwire’s Adjusted EBITDA and free cash flow.

Represents approximately 35% of Government Systems segment revenue

CARLSBAD, Calif., October 3, 2022 (Viasat PR) — Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it has entered into a definitive agreement to sell its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies for $1.96 billion, subject to customary transaction adjustments in accordance with the agreement. The sale is expected to result in cash proceeds to Viasat of approximately $1.8 billion net after estimated taxes, fees, and other expenses.

VANDENBERG SPACE FORCE BASE, Calif. (SpaceX PR) — SpaceX is targeting today, Monday, October 3 for a Falcon 9 launch of 52 Starlink satellites to low-Earth orbit from Space Launch Complex 4E (SLC-4E) at Vandenberg Space Force Base in California. The instantaneous launch window is at 4:56 p.m. PT (23:56 UTC), and a backup opportunity is available on Tuesday, October 4 at 4:35 p.m. PT (23:35 UTC). The first stage booster supporting […]

PARIS (NorthStar PR) – NorthStar Earth & Space (NorthStar) and Astroscale announce today, at the 2022 International Astronautical Congress (IAC) in Paris, that they are forming a strategic partnership to further support space sustainability by combining NorthStar’s precise space-based resident space object tracking with Astroscale’s enhanced spacecraft navigation and capture capability for on-orbit servicing.

Under this agreement, Astroscale and NorthStar will leverage their respective know-how, expertise, and unique services to highlight their shared commitment to space sustainability. Together, NorthStar and Astroscale will cooperate to demonstrate the benefits of combining precise In-Space Situational Awareness (ISSA) services to support reliable on-orbit servicing in low Earth orbit.

CANNES, France, October 3, 2022 (Thales Alenia Space PR) – Thales Alenia Space, the joint venture between Thales (67%) and Leonardo (33%), and its partners are pleased to announce the success of the field trial in Switzerland implementing a ground-ground very high speed laser communication link through the atmosphere. This is a major step towards next generation of Geostationary communications satellites using optical feeder links to double the current available feeder links capacity. These solutions will play a key role to bridge the digital divide and offer high-speed connectivity for all by 2025. The objective is also to boost satellites capacity in order to reduce the number of satellites required to satisfy the user demand, thus limiting the impact on environment.

This week on The Space Show with Dr. David Livingston: Tuesday, October 04 — 7 PM PDT (9 PM CDT; 10 PM EDT): We welcome back JAMES BURK of The Mars Society to discuss their upcoming big event later this month in the Phoenix area. Wednesday, October 05: Hotel Mars pre-recorded. See the Upcoming Show Menu at www.thespaceshow.com for details. Friday, October 07 — 9:30-11 AM PDT; 11:30 AM- 1 […]

KENNEDY SPACE CENTER, Fla. (NASA PR) — NASA will provide coverage of the upcoming prelaunch and launch activities for the agency’s SpaceX Crew-5 mission with astronauts to the International Space Station.

The world has conducted 126 launches through Oct. 1, with 122 successes and four failures, in what is shaping up to be a record year for orbital flights.

Three years ago, Silicon Valley billionaire Chamath Palihapitiya and Virgin Chairman Richard Branson kicked off a new era in financing space companies when they took Virgin Galactic public on the New York Stock Exchange (NYSE) through a merger with a special purpose acquisition company (SPAC) called Social Capital Hedosophia (SCH).

Old man river’s on the rise
Wash the circles from my eyes
A hurricane is on its way
Oh, you can call it Karla with a K…

“Karla with a K”
The Hooters

A deadly hurricane named Ian (with an “I”) roared through Florida last week, leaving behind a trail of death and destruction across the Sunshine State. The Category 4 storm delayed NASA’s plan to launch its Artemis I mission to the moon until November and forced the postponement of a couple of other launches from the Space Coast.

SOLNA, Sweden (SSC PR) — Swedish Space Corporation (SSC) has signed a contract with French government space agency Centre National d’Etudes Spatiales (CNES) for an extension of partnership regarding ground station coverage for polar missions. For 10 years, SSC has been a prime partner for CNES’ polar orbiting satellites through the combined use of two jointly developed ground stations in Sweden and Canada. The renewed contract will span over 10 more years beginning from December 2022.

There were 16 orbital launches worldwide in September, averaging one liftoff every 45 hours. The month was tied with July for second highest total this year. There were 18 launches in August.