Spacedev Completes Starsys Acquisition

Spacedev completed its acquisition of Starsys Research Corp. after shareholders of both companies approved the deal, Spacedev announced Feb. 2. Spacedev agreed in October to pay $9 million in cash and stock for Starsys, as well as pay off $6.4 million in debt and forgive a $1.2 million loan. The combined company is headquartered in California and has operations in California, Colorado and North Carolina.

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Spacedev Completes Starsys Acquisition

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