COLORADO SPRINGS, Colo. & BOTHELL, Wash.–(AMERGINT/Tethers Unlimited PR) — AMERGINT Technology Holdings (AMERGINT) today announced it has acquired Tethers Unlimited, Inc. (TUI), a leader in new space solutions for the small satellite market. The transaction will bring together AMERGINT Technologies, Inc. and TUI to provide integrated end-to-end solutions for satellite communications and in-space services to the space market. Terms of the transaction were not disclosed.
BOTHELL, Wash. (Tethers Unlimited PR) — Tethers Unlimited, Inc. (TUI) announced that it has signed a Public-Private Partnership with NASA to deliver a HYDROS™ propulsion system for a CubeSat mission. Concurrently, TUI has signed an associated contract to provide three HYDROS thrusters sized for Millennium Space Systems’ (MSS) ALTAIR™ class microsatellites to support three different flight missions. Total contract value for the two efforts is $2.2M.