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Thales Alenia Space, Telespazio & Spaceflight Industries Finalize Alliance to Manufacture Smallsats at Scale

13 Mar 2018, 17:58 UTC
Thales Alenia Space, Telespazio & Spaceflight Industries Finalize Alliance to Manufacture Smallsats at Scale
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Global-1 satellite (Credit: BlackSky)
Parties will deliver innovative geospatial services using the high revisit rate BlackSky constellation
WASHINGTON, March 13, 2018 (Spaceflight Industries PR) – At the Satellite 2018 conference, The Space Alliance formed by Thales Alenia Space (Thales 67%, Leonardo 33%) and Telespazio (Leonardo 67%, Thales 33%) announced today it has officially taken a minority stake in Seattle-based Spaceflight Industries, having received all government approvals for the transaction.
This investment is part of an overall fundraising effort of $150 million from several sources which include The Space Alliance, existing investors, and Mitsui & Co., Ltd., one of the largest general trading companies in Japan. With this latest funding, Spaceflight Industries has raised more than $200 million in total capital.
BlackSky, the geospatial intelligence company of Spaceflight Industries, is now fulfilling its vision to deploy a high revisit rate earth imaging constellation which, especially when combined with other space and terrestrial based sensors, will enable delivery of innovative global monitoring solutions and geospatial activity-based intelligence products and services. BlackSky’s first four Global next-generation satellites are slated to launch in the next 12 months. This round of funding ensures production and launch of an additional 20 Global satellites which are planned ...

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