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Boeing, Seeking An Entree Into Small Satellite Market, To Acquire Millennium Space Systems

Cal Biesecker By
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Boeing, Seeking An Entree Into Small Satellite Market, To Acquire Millennium Space Systems
Millennium Space Systems’ ALTAIR satellite. Photo: Millennium

Boeing [BA], which filed with government regulators in 2016 for a potential network of thousands of small satellites to provide global Internet access, has agreed to acquire Millenium Space Systems, a developer and maker of small satellites, in a deal that would provide it with a new line of business within its space portfolio, the company announced Thursday.Boeing’s satellite business is known for the larger communications and navigation systems it sells to military and commercial customers.California-based Millennium has developed the…

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