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 by Staff Writers Austin TX (SPX) Aug 04, 2022
Slingshot Aerospace, Inc., a company building space simulation and analytics products to accelerate space sustainability, has announced that the company has acquired Numerica's Space Domain Awareness (SDA) division and UK-based Seradata. Numerica's SDA division includes the world's first and only commercial low Earth orbit (LEO) to geosynchronous orbit (GEO) daytime and nighttime optical sensor network for satellite tracking. Seradata brings the company's industry-leading SpaceTrak satellite and launch database into Slingshot's portfolio and establishes the company's footprint in the UK/European market. Both of these acquisitions fasttrack Slingshot's ability to drive the space economy towards sustainability by providing satellite and launch operators with the most robust and authoritative space situational awareness (SSA) and space traffic coordination solutions available today. "We are constantly improving our customers' abilities to monitor, simulate, and optimize their space flight operations," said Melanie Stricklan, Co-founder and CEO, Slingshot Aerospace. "By merging the unique capabilities of Numerica and Seradata with those of Slingshot, we are creating a first-of-its-kind, unified platform - providing our customers with the most holistic and robust insights available. In addition to more than tripling the size of our team over the last year, we are rocketing forward with this game-changing suite of products that enable a more sustainable and responsible approach to space operations today and in the future." Today, satellite operators across the commercial, civil, and defense sectors rely on siloed tools and data that significantly limit the efficiency of day-to-day operations. Both of these acquisitions accelerate the development of Slingshot Digital Space Twin, a virtualization of the space operating environment that fuses data together from multiple sources, providing an accurate live, historical, and future representation of objects in orbit, space weather like geomagnetic storms, and the radio frequency spectrum. These acquisitions also enhance the world's first space traffic coordination solution, Slingshot Beacon, used by satellite operators to cut through the noise of conjunction alerts and facilitate coordination to prevent collisions.
Numerica Space Domain Division Acquisition The Numerica Space Domain Awareness (SDA) division acquisition includes: + An autonomous global network of proprietary sensors and software comprising more than 150 sensors and 30 telescopes across 20 locations around the globe with advanced data processing capabilities. + New team members including research scientists, orbital analysts, software engineers, and applied mathematicians. + Numerica SDA offices in Colorado Springs and Fort Collins, Colorado, where Slingshot will continue to operate and expand. The global sensor network-with locations in the USA, France, Spain, Morocco, Greece, Australia, Namibia and Chile-precisely observes tens of thousands of objects from satellites to debris and provides around-the-clock optical tracking, regardless of the presence of daylight. These sensors can track satellites and debris as small as 10 cm in size and autonomously deliver vital information to operators in real-time. Integrating this comprehensive data into Slingshot Aerospace's products further enhances data fidelity, empowering space operators to confidently make mission-critical decisions. "Some of the brightest engineering minds in the space industry built our advanced technologies over several decades," said Jeff Poore, President, Numerica. "Slingshot's acquisition of Numerica's Space Domain Awareness division will create a suite of highly differentiated products that will help our space customers operate more safely and efficiently than ever before." The Space Domain Awareness division of Numerica will be fully integrated into Slingshot Aerospace. The Air and Missile Defense divisions of Numerica will continue to operate as usual.
Seradata Acquisition The Seradata acquisition includes: + Seradata's SpaceTrak, the industry's most authoritative database and analytical system, covering all launches and satellites since Sputnik in 1957, plus future planned spacecraft/launches + New team members, including expert space industry researchers and analysts who will continue to develop SpaceTrak. + A base of operations in the UK, expanding Slingshot's capacity to serve customers globally. Seradata's SpaceTrak database is relied upon by industry-leading organizations around the world, including governments, space agencies, aerospace manufacturers, launch providers, satellite operators, insurance companies, universities and space researchers that need trusted data to drive informed decisions. "Combining what Slingshot and Seradata have each built creates an incredibly robust knowledge graph that will provide the space industry with world-class decision support, data and analytics," said Tim Fuller, Managing Director, Seradata.
Slingshot Aerospace and the Future of Space Sustainability The exponential growth of launch and satellite activities requires reliable data and insights to guide safe space operations and protect our modern way of life that depends on space. Collisions with space debris or other objects present a real and present danger that can have catastrophic and cascading effects. Slingshot's products provide extremely high fidelity data in a digestible form, delivering reliable, actionable insights to customers to improve the efficiency of their daily operations and increase confidence for mission-critical decisions.
ASTRA announces major new equity facility Washington DC (SPX) Aug 04, 2022 Astra Space, Inc. (NASDAQ: ASTR) has entered into a common stock purchase agreement with B. Riley Principal Capital II, LLC ("B. Riley Principal Capital II"). The agreement governs a Committed Equity Facility that provides Astra the right, in its discretion and without obligation, to sell and issue up to $100 million of its Class A common stock over the course of 24 months to B. Riley Principal Capital II, subject to certain limitations and conditions, including that in no event will the number of share ... read more
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