Raytheon Completes Acquisition of Blue Canyon Technologies
Raytheon Technologies completed its acquisition of Blue Canyon Technologies (BCT), the companies announced Monday. Raytheon initially agreed to acquire BCT in November.
BCT now reports into Raytheon Intelligence and Space, a business of Raytheon Technologies. The acquisition will allow BCT to grow its product line including including nanosatellites, microsatellites, Evolved Expendable Launch Vehicle (EELV) Secondary Payload Adapter (ESPA)-class satellites, and related technology.
BCT is currently building more than 90 spacecraft for government, commercial, and academic missions. Additionally, BCT recently opened its new 80,000-square-foot satellite constellation factory headquarters and production facility in Lafayette, Colorado. BCT will continue to serve its customers under the current business name and brand from their Boulder and Lafayette, Colorado facilities.
“Raytheon Intelligence & Space delivers the disruptive technologies customers need to succeed,” said George Stafford, president and CEO of Blue Canyon. “Joining this team will enable our innovative small-satellite solutions to continue to transform the space industry and drive our customers’ success.”