Auriga Space CEO on space tech for defense and security

"Canada's opportunity as we spend more money is to pick what's next in terms of identifying what areas of technology - we want to be good at next," MDA Space's Mike Greenley on the steps Canada can take to modernize their defense infrastructure at #BBGCanadianFinance ⏯️ https://bloom.bg/41nR37V

"Canada's opportunity as we spend more money is to pick what's next in terms of identifying what areas of technology - we want to be good at next," MDA Space's Mike Greenley on the steps Canada can take to modernize their defense infrastructure at #BBGCanadianFinance ⏯️ https://bloom.bg/41nR37V

What Germany’s $41B investment in space could mean for Europe, Germany will invest 35 billion euros ($41.1 billion) into defense space technologies within the next five years — an unprecedented amount for any European country., : Germany will invest 35 billion euros ($41.1 billion) into defense space technologies within the next five years — an unprecedented amount for any European country.

Space tech firm Firefly Aerospace will acquire national security technology company SciTec for about $855 million, the company said on Sunday, just months after its Nasdaq listing, honing its portfolio at a time when U.S. military and civil programs are receiving increased investor interest. #news #business https://lnkd.in/eD5Nki-f

Firefly Acquires SciTec in $855M Defense Push Firefly Aerospace has agreed to acquire SciTec, Inc. for approximately $855 million. The deal, combining $300 million in cash and $555 million in Firefly stock, aims to integrate SciTec's advanced defense software and data processing capabilities. Firefly's CEO, Jason Kim, stated the acquisition enhances their ability to deliver integrated, software-defined solutions for critical national security missions. SciTec brings expertise in missile defense, space domain awareness, and AI-enabled systems, bolstering Firefly's space services with proven analytics and low-latency processing for multi-domain threat response. #FireflyAerospace #SciTec #DefenseTech #Space #Acquisition #NationalSecurity #MergersAndAcquisitions

Firefly Aerospace is Acquiring SciTec to Advance its National Security Capabilities Firefly Aerospace has entered into a definitive agreement to acquire SciTec, Inc., an advanced national security technologies company for approximately $855 million. The acquisition will thereby expand Firefly’s space services by adding mission-proven defense software analytics, remote sensing, and multi-phenomenology data expertise. SciTec’s core capabilities, including missile warning, tracking and defense, surveillance and reconnaissance, space domain awareness, and autonomous command and control, will subsequently supplement Firefly’s launch, lunar, and in-space services. Read more about it here 👉 https://lnkd.in/dtAV-MHz

Firefly leans into its defense ambitions with $855M SciTec acquisition: Firefly Aerospace has agreed to buy defense analytics firm SciTec for about $855 million in cash and stock as the company tries to push deeper into the national security market. #Space #defensetech #FireflyAerospace #InBrief 💡IdeaFire™️🔥

Firefly Aerospace Expands Defense Portfolio With $855M SciTec Acquisition Firefly Aerospace has agreed to acquire SciTec, a New Jersey–based national security technology firm, in a deal valued at about $855 million. The acquisition expands Firefly’s defense and space portfolio by adding SciTec’s expertise in missile tracking, intelligence gathering, surveillance, space monitoring, and automated command systems. SciTec also brings advanced AI and data processing tools that accelerate threat detection, supporting Firefly’s launch, lunar, and in-space service operations for defense, commercial, and government clients. The agreement includes $300 million in cash and $555 million in Firefly stock, with shares valued at $50 each, paid to SciTec’s owners.

🚀 Acquisition News: Firefly Aerospace has announced plans to acquire national security technology firm SciTec, Inc. for approximately $855 million through a combination of $300 million in cash and $555 million in Firefly shares. The deal marks a major expansion of Firefly’s capabilities in defence and national security. Expected to close by year-end 2025 (subject to regulatory approvals), the acquisition positions Firefly to support the Golden Dome initiative, the U.S. administration’s proposed space-based missile defence shield. SciTec brings advanced expertise in AI-powered missile warning systems, space domain awareness, and autonomous command-and-control, with existing U.S. Space Force contracts worth over $500 million. The deal reflects a broader trend of space technology companies diversifying revenue streams by pursuing defense contracts. Once completed, SciTec will operate as a Firefly subsidiary led by current CEO James Lisowski. 💭 "Integrating SciTec's software and data capabilities will significantly enhance Firefly's ability to deliver comprehensive, software-defined solutions for critical national security missions, especially in support of the Golden Dome missile defense program." - Jason Kim, CEO, Firefly Aerospace 📖 Read more: https://lnkd.in/gw7ZiStv 🎯 Follow SPACEtalks for the latest space industry updates. #SPACEtalks #Firefly #SpaceIndustry #DefenseContracts #Acquisition #GoldenDome #SpaceTech

Hosting Antti Korpi at Aurora Propulsion Technologies was a strong reminder of the role propulsion plays in national security and compliance. Operators, whether defense or commercial, increasingly recognize that maneuverability is mission assurance. Regulations, contested environments, and sustainability all demand it. The discussion about how Aurora can continue to bridge customer needs, defense requirements, and sustainable operations in orbit. #DefenseTech #AuroraPropulsion #Maneuverability