Shortly after the announcement, MDA has signed an agreement with Rocket Lab to build the bus systems for the new Globalstar satellites.
SolAero's New Mexico production facilities will continue to be run by President and CEO Brad Clevenger.
Using methane and liquid oxygen propellants, Neutron will be powered by a new engine called Archimedes.
Rocket Lab will receive approximately $777m, before transaction expenses, from the SPAC and a current private investment in public equity (PIPE) round.
Under the terms of its agreement with Rocket Lab, AuroraSat will send the 1.5U CubeSat on an Electron rocket carrying other satellites.
The first Varda Photon is planned for delivery in Q1 2023, with the second to follow later in the year and a third in 2024.
Rocket Lab will perform the three launches between late August and the end of September from New Zealand.
The two spacecraft are planned for launch in 2024 to Mars ridesharing aboard a NASA-provided commercial launch vehicle.
The deployment of nine of BlackSky’s latest-generation small sats across five Electron missions represents the largest number of satellites BlackSky has...
‘Another One Leaves The Crust’ as Rocket Lab successfully launches 18th Electron rocket, bringing the total number of satellites deployed by the company to 97.