News Archive
May 3, 2024
Anuvu is streamlining as it looks to focus on its core markets of in-flight connectivity (IFC), and in-flight and maritime entertainment. The company sold its maritime, energy, and government connectivity business operations to FMC GlobalSat. The deal includes all customers, employees and key operations, and marks a strategic move for both entities to strengthen their…
May 3, 2024
Northrop Grumman and Umbra have been awarded small contracts by the Defense Advanced Research Projects Agency (DARPA) to continue to the second phase of a program designed to collect data from radar-equipped satellites flying in formation and develop innovative algorithms to process the data for military applications. Umbra’s contract under the Distributed Radar Image Foundation Technology (DRIFT)…
May 3, 2024
L3Harris will supply the infrared payloads for the Space Development Agency’s (SDA) FOO Fighter satellites. L3Harris received a contract from prime contractor Millennium Space Systems, the company announced May 2. Under the deal, L3Harris will build eight infrared payloads. They will be manufactured in Wilmington, Massachusetts. The SDA awarded Millennium, a Boeing company, potential $414…
May 3, 2024
Lockheed Martin has pulled back on its offer to acquire Terran Orbital, the company disclosed in filings to the Securities and Exchange Commission on May 2. According to the filing, Lockheed Martin withdrew its offer to acquire Terran Orbital for $1 per share on April 30. Lockheed made the bid in early March. In response to…