:

Space

BlackSky Acquires Full Stake in LeoStella Ahead of Gen-3 Constellation

By Rachel Jewett

Friday, November 8th, 2024

SHARE:

BlackSky Acquires Full Stake in LeoStella Ahead of Gen-3 Constellation

LeoStella’s factory in Tukwila, Washington. Photo: LeoStella

Ahead of launching the first satellites in its Gen-3 constellation upgrade, BlackSky [BKSY] fully acquired small satellite manufacturer LeoStella. BlackSky announced the move in its third quarter investor call on Nov. 7, along with 6% revenue growth and a strong quarter of contract wins. LeoStella was a 50-50 joint venture between BlackSky and Thales Alenia Space. The small satellite manufacturer based in Washington state builds BlackSky’s satellites. “BlackSky acquired our partner’s stake in LeoStella to help optimize the Gen-3 supply chain and production operations,”…

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]