Tue, Dec 23, 2008
Will Be Cornerstone Of New Space Systems Business Area
Sierra Nevada Corporation President, Eren Ozmen, announced
Monday SNC has completed the acquisition of SpaceDev Inc, following
the passing of company founder Jim Benson in
October.
"The acquisition of SpaceDev, which has a tremendous space
heritage with products that have flown on 250 spacecraft,
represents a dynamic expansion of SNC's space technology
capabilities, proven system integration, communications, networking
and intelligence capabilities in the space sector," said Fatih
Ozmen, CEO of SNC.
"We believe that combining SpaceDev's unique technological
offerings, manufacturing capabilities and talented team with our
existing space business and technology base will allow us to
significantly increase our capacity and scalability while better
serving our customers and making us a leader in space technology
with access to a much wider customer and technology base."
SNC has formed a new Space Systems Business Area with the
SpaceDev acquisition, SNC's subsidiary, MicroSat Systems, and the
other SNC space operations and capabilities that will provide
advanced satellite systems, propulsion systems, space vehicle
systems and a wide array of subsystems and components to defense,
civil government, and corporate customers.
SpaceDev has 170+ employees in its three locations; Poway, CA;
Louisville, CO; and Durham, NC. SNC says those employees will be
"adding a notable talent base" to its capabilities.
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