MDA Space to Acquire Blue Canyon Technologies for $620 Million
Canadian space technology company MDA Space has announced an agreement to acquire U.S.-based Blue Canyon Technologies from RTX Corporation’s Raytheon business for $620 million in cash. The acquisition is aimed at strengthening MDA Space’s...
Blue Origin’s New Glenn Rocket Explodes During Launchpad Test
Blue Origin suffered a major setback in its efforts to compete with SpaceX after its uncrewed New Glenn rocket exploded during a hot-fire test at Cape Canaveral, Florida, on May 28. The rocket, which...