In August this year, Oklahoma Governor Kevin Stitt and Arkansas Governor Asa Hutchinson unveiled ambitious plans to position the Oklahoma-Arkansas region as a national hub for advanced mobility (AM). The collaborative effort aims support the advanced mobility industry including drones, electric and autonomous vehicles, battery manufacturing, and transportation and logistics solutions, will create new research…

The private equity firm AE Industrial Partners (AEI) on Tuesday said it has agreed to acquire a majority share of the spacecraft company York Space Systems, which has a prime contracting role in building satellites for Space Development Agency’s (SDA) Space Transport Layer. Terms of the deal were not disclosed. BlackRock Private Equity Partners is also investing alongside AEI.…

Viasat is selling its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies in a nearly $2 billion divestiture that the companies say sharpens Viasat’s core focus and deepens L3Harris’ focus in Joint All-Domain Command and Control (JADC2) solutions.   The TDL network, or Link 16 network, is integrated on military aircraft, ground vehicles, surface…

Redwire Corporation announced a deal Monday to acquire QinetiQ Space NV (“Space NV”) for 32 million euros ($31 million). Space NV, based in Belgium, is owned by QinetiQ Group plc and sells Earth observation, platforms, mechanisms, and science instruments in the space sector.  Explaining the acquisition, Redwire said Space NV’s core product offerings include advanced…