Date: 11/11/2020
Raytheon signed agreement to acquire Blue Canyon
Raytheon Technologies has announced that it has signed a definitive agreement to acquire privately held Blue Canyon Technologies.
Colorado, US based Blue Canyon is a supplier of small satellites and spacecraft systems components. After the completion of acquisition Blue Canyon Technologies with a staff of 200, to report into Raytheon Intelligence & Space.
"The space market is rapidly expanding and our customers need comprehensive solutions faster than ever before," said Roy Azevedo, president of Raytheon Intelligence & Space. "What makes Blue Canyon Technologies the right fit for our business is its agile, innovative culture and expertise in small satellite systems and technologies. This acquisition enables us to deliver a broader range of solutions to support our customers' space missions – from sensing subsystems to mission systems integration and from launch and range support to on-orbit operations."
Blue Canyon with more than 90 satellites in production now, has provided its products and services to U.S. Air Force, NASA and the Defense Advanced Research Projects Agency.