U.K. Defense Secretary Gavin Williamson said he is “deeply disappointed” by Europe’s plans to exclude U.K. businesses from bidding on the Galileo satellite program. The U.K. military would also be barred from using the GPS-like system. Despite the U.K.’s previous investment in Galileo, the European Union (EU) believes the system’s security would be compromised due to the U.K.’s political and economic exit from the coalition.
Will Brexit Exclude UK from the EU’s Galileo Program?
Apex Hits $2.3B Valuation With Latest Funding Raise
Satellite bus manufacturer Apex Space raised an additional $200 million in capital at a $2.3 billion valuation, the company announced Friday. This more than doubles the company’s valuation after it raised […]
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