• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

BAE Systems sees big opportunity in space after UK satellite deal

September 14, 2021 by David Barret Leave a Comment

September 14, 2021

LONDON (Reuters) -British defence company BAE Systems has high hopes for its space business after acquiring UK-based In-Space Missions on Tuesday, giving it the ability to design, launch and operate complete satellites.

“It (space) will be a big opportunity for us,” Chief Executive Charles Woodburn told Reuters on the sidelines of a defence trade show.

BAE already works for space agencies and provides space products, primarily through its U.S.-based business. Adding In-Space gives it new satellite capabilities which it sees as key to defence missions of the future.

Woodburn said In-Space’s low earth orbit satellites were new to the group and would in the coming years offer military customers enhanced surveillance.

“The idea of having almost a dedicated space capability that goes with Carrier Strike even 10 years ago you couldn’t dream of doing, and now it’s a possibility,” he said, referring to Britain’s aircraft carrier and its accompanying naval escorts and submarine.

He said low earth orbit satellites meant the cost of providing the capability was not prohibitive, and he expected it to become a reality for military customers in the next decade.

Chief Technology Officer Ben Hudson said BAE had further plans to expand its space capabilities after the satellite deal.

“We are working on other things, both internally in the company and also potentially working with our customers,” he said.

For military customers, having the supporting infrastructure capability offered by space means connecting up all their operations across air, sea, land and cyber, and is in high demand.

“We see a real pull from the UK Ministry of Defence, and our global customers, in Australia, in the Middle East and in America, for more space-based capabilities,” Hudson said.

In-Space is a southern England-based company with about 30 employees. The price of the acquisition was not disclosed but was said to be not material at the group level.

(Reporting by Sarah Young Editing by Paul Sandle and Mark Potter)

Source Link BAE Systems sees big opportunity in space after UK satellite deal

David Barret
David Barret

Related posts:

  1. End of the summer: Events that may shake markets in September
  2. Taliban tells Berlin it will welcome German companies, aid
  3. China will improve opening up of capital market – securities regulator
  4. Vietnam’s capital ramps up testing after extending COVID-19 curbs

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • NOAA Issues G3 Geomagnetic Storm Warning As 500,000 Kilometer Hole Sends Solar Wind At Earth
  • Lasting 776 Days, This Is The Longest Case Of COVID-19 Ever Recorded
  • Living Cement: The Microbes In Your Walls Could Power The Future
  • What Can Your Earwax Reveal About Your Health?
  • Ever Seen A Giraffe Use An Inhaler? Now You Can, And It’s Incredibly Wholesome
  • Martian Mudstone Has Features That Might Be Biosignatures, New Brain Implant Can Decode Your Internal Monologue, And Much More This Week
  • Crocodiles Weren’t All Blood-Thirsty Killers, Some Evolved To Be Plant-Eating Vegetarians
  • Stratospheric Warming Event May Be Unfolding In The Southern Polar Vortex, Shaking Up Global Weather Systems
  • 15 Years Ago, Bees In Brooklyn Appeared Red After Snacking Where They Shouldn’t
  • Carnian Pluvial Event: It Rained For 2 Million Years — And It Changed Planet Earth Forever
  • There’s Volcanic Unrest At The Campi Flegrei Caldera – Here’s What We Know
  • The “Rumpelstiltskin Effect”: When Just Getting A Diagnosis Is Enough To Start The Healing
  • In 1962, A Boy Found A Radioactive Capsule And Brought It Inside His House — With Tragic Results
  • This Cute Creature Has One Of The Largest Genomes Of Any Mammal, With 114 Chromosomes
  • Little Air And Dramatic Evolutionary Changes Await Future Humans On Mars
  • “Black Hole Stars” Might Solve Unexplained JWST Discovery
  • Pretty In Purple: Why Do Some Otters Have Purple Teeth And Bones? It’s All Down To Their Spiky Diets
  • The World’s Largest Carnivoran Is A 3,600-Kilogram Giant That Weighs More Than Your Car
  • Devastating “Rogue Waves” Finally Have An Explanation
  • Meet The “Masked Seducer”, A Unique Bat With A Never-Before-Seen Courtship Display
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version