BAE Systems will acquire In-Space Missions in order to improve its capabilities to build small satellites for both government and industrial clients. The firms refused to reveal the value of the agreement.
“The UK has a prospect to be an international player in the expanding low Earth orbit space industry. This is along with servicing its own sovereign defense and industrial needs,” says Ben Hudson.
Ben is the chief technology officer at BAE Systems. “This acquisition will permit us to bring together a range of space abilities that help in –
- Delivering information advantage
- Multi-domain operations
- Networking for our clients
In-Space Missions put its first SmallSat, Faraday Phoenix, in orbit on the SpaceX Transporter-2 rideshare mission in June. The firm’s first Faraday satellite was missing in a Rocket Lab Electron launch failure in July 2020.
“This deal means In-Space Missions will retain its small business culture while leveraging the immense scale and new opportunities presented by BAE Systems,” says Doug Liddle. Doug is the chief executive of In-Space Missions. With more than 30 employees, we will function as a stand-alone business unit within BAE Applied Intelligence. It is the part of BAE Systems that consists of other space activities, such as ground systems and construction.
In-Space Missions won a deal worth 9.5 million pounds ($13.2 million) from the Ministry of Defence and the Defence Science and Technology Laboratory on 9th August. This is in order to develop an experimental SmallSat known as Titania. The satellite, planned for launch in 2023, will test space-to-ground laser communications.
The British government signaled its assistance for the agreement. “This acquisition is a great vote of confidence in our flourishing space sector,” says Science Minister Amanda Solloway. “By taking on board the expertise of In-Space Missions, BAE Systems will help to grow the UK’s skills in low Earth orbit satellites. This is generating valuable export prospects while maintaining this nation at the forefront of a new industrial space age.”