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SNC/MSI Team Aiming for the Ultimate Frontier
Date: 01/03/2008Description:
Reno, Nevada – January 3, 2008 – Sierra Nevada Corporation (SNC) has acquired MicroSat Systems, Inc. in Littleton, Colorado, making MicroSat Systems a wholly owned subsidiary.
“The acquisition of MicroSat Systems represents an exciting and synergistic expansion of SNC’s proven system integration, communications, networking, and intelligence capabilities, “ said Fatih Ozmen, CEO of Sierra Nevada. “A space capability will further expand SNC’s ability to offer unique solutions to its customers within both the government and commercial markets.”
MicroSat Systems is a leader in the small satellite market and has developed a line of spacecraft products that has the potential to be a disruptive technology. MicroSat Systems is providing reliable and capable spacecraft at an affordable price with only an 18-month lead time. The missions they support are not necessarily as complex as larger spacecraft, but for the price and schedule they still meet important needs. MicroSat Systems provides the space industry a product line of small satellite buses based on a modular bus design that has proven flight success. The bus can be customized as needed for different mission applications and customer requirements. Unique capabilities of MicroSat System’s buses include: better payload mass fraction, power, data processing, and pointing accuracy than comparably priced satellites. MicroSat Systems achieved flight heritage on December 16, 2006 with the launch of TacSat-2, the first operationally responsive space satellite. The launch and operation of TacSat-2 demonstrated MicroSat System’s ability to provide a high performance satellite in a rapid development timeline, for a low cost.
“We believe that MSI’s offerings will prove to be a disruptive technology in the satellite industry the way that things like digital cameras and personal computing devices have been in other high-tech markets,” said MicroSat President John Roth. “With the financial backing and new customer access that SNC will provide we can offer these products to a larger customer base.”
SNC’s strategy of having an in-house satellite and space expertise is based on its vision of providing innovative net-centric solutions by synergistically connecting numerous platforms and domains from the Earth’s surface all the way to orbit. SNC has decades of successful integration and turn-key systems capabilities with many different platforms on land, sea and air. Expansion of these capabilities into the space domain has started over a year ago by successfully collaborating with MSI to provide complete system solutions by combining each other’s unique and complementary capabilities.
This acquisition will enhance SNC’s increased presence in the Denver area with the growth of its Intelligence, Surveillance, Reconnaisance (ISR) engineering and aviation capability and the recent acquisitions of Straight Flight, Inc (SFI) and Straight Flight Conversions, Inc (SFC). These FAA/EASA Certified Repair Station operations, located at the Centennial Airport on the South Side of the Denver Metro area, conduct commercial aircraft modification, installation, and maintenance activities as a commercial subsidiary of SNC.
Link: Link to Sierra Nevada Corporation
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