A Hampshire company which is developing new space missions and providing consultancy and procurement services to the space industry has been acquired by BAE Systems.
In-Space Missions was founded in 2015 and employs over 30 people. It designs, builds and operates bespoke physical and digital customer space missions, providing a service to those who want to quickly put technology into orbit.
In June 2021, the company launched the Faraday Phoenix carpooling satellite, combining six satellites into a single spacecraft and allowing customers to take a “location” on board rather than having to build and manage an entire spacecraft. .
The acquisition allows BAE Systems to integrate this technology into complete satellites and operate them in orbit.
Doug Liddle, Managing Director of In-Space Missions, said: “This agreement means In-Space Missions will maintain its small business culture while taking advantage of the enormous scale and new opportunities offered by BAE Systems.
“We are already collaborating on new, highly secure satellite applications and beyond, we are very excited about how this agreement will support our growth as an ambitious UK-owned and service provider. “
CTO Tony Holt called the move an “exciting and transformative moment” that brings together “like-minded talent from both organizations to create something very special.”
“Over the next few years, we will realize our business ambitions in new digital services, made possible by software-defined ultra-broadband technologies and distributed openings,” he added.
Ben Hudson, Chief Technology Officer of BAE, said: “The UK has the opportunity to be a global player in the growing low Earth orbit space market, as well as to meet its own sovereign needs. in defense and trade.
“This acquisition will allow us to combine a range of space capabilities that help deliver an information advantage, multi-domain operations and networking to our customers. We look forward to welcoming the Space Missions team to BAE Systems.