Raytheon Technologies to acquire space electronics company SEAKR Engineering
Raytheon Technologies announced on Tuesday that it had agreed to acquire SEAKR Engineering as part of an agreement that strengthens its space business with a suite of space electronics products. Terms of the deal, which is subject to regulatory approvals, were not disclosed. Colorado-based SEAKR has more than 540 employees.
Once the deal is done, SEAKR will be part of the Raytheon Intelligence & Space segment.
“Our investment strategy accelerates our agility to a higher level of performance – the space standard – and expands our core space business with new applications that shape our world,” said Roy Azevedo, president of Raytheon Intelligence & Space , in a press release. “With SEAKR Engineering, we are improving our ability to deliver qualified systems faster. “
SEAKR’s products include data storage units, flash memory cards, data management systems, vision processing systems, on-board communication processors, solid-state recorders, payload recorders and Moreover. The company’s products participate in more than 300 missions with a 100% in-orbit success rate. SEAKR also provides contract manufacturing.
SEAKR customers include Ball Corp., Northrop Grumman, RTC, NASA, Air Force Research Laboratory, BAE systems, France Thales, Inmarsat and Cisco.
The capabilities of the RTC’s existing space systems include small satellites, ground control stations, satellite sensors for missions such as Earth observation and missile warning, and constellation management.
This article was originally published by the Defense Daily subsidiary of Via Satellite.