1.6 C
London
Wednesday, November 29, 2023
HomeNewsFinanceAmericans snap up UK space group Northern Space and Security

Americans snap up UK space group Northern Space and Security

Date:

Related stories

Online Encounters: The FabGuys.com UK Login Conundrum

In the realm of digital connectivity and modern interpersonal...

Privacy Breach Shocks Corinna Kopf’s Online Realm

In an era where personal privacy is often compromised...

Where To Party In London?

Well, London is a popular place for its nightlife,...

Cable Management is Critical for Business

Cables make the world go round. With the rise...

Time Keeping Importance In Your Company

Working entails many benefits that the employees should have...
spot_imgspot_img

[ad_1]

Americans snap up Northumberland space specialist Northern Space and Security

Raytheon has agreed to buy a Northumberland-based space specialist founded five years ago by a retired RAF officer.

The US defence giant’s takeover of Northern Space and Security (NORSS), whose clients include the UK Space Agency and the Ministry of Defence, was described as a ‘significant statement of confidence in the health of the British space industry’.

Based in Alnwick, NORSS offers analysis and surveillance to protect satellites operated by the Government and the commercial sector. 

Raytheon's takeover of Northern Space and Security was described as a 'significant statement of confidence in the health of the British space industry'

Raytheon’s takeover of Northern Space and Security was described as a ‘significant statement of confidence in the health of the British space industry’

It was founded in 2017 by Ralph Dinsley, who had more than 32 years’ military service, half of it at RAF Fylingdales, North Yorkshire, an early warning station to detect ballistic missile attacks.

Fylingdales also monitored satellite launches and orbits – skills transferred when setting up NORSS, which has operations in Sedgefield, County Durham, and Didcot in Oxfordshire. 

The value of the deal was not disclosed. Dinsley, a squadron leader when he left the RAF, said the deal would give NORSS ‘expanded access to international markets’ and create ‘opportunities to collaborate on the next generation of space technologies’.

Advertisement

[ad_2]

Source link

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here