Smallsat firm BlackSky goes public

by Marc Selinger

BlackSky, which is fielding a small-satellite constellation to monitor rapid changes on Earth for defence and intelligence agencies and commercial customers, has become a publicly held company, raising USD283 million to fuel its growth, the US-based firm announced on 10 September.

BlackSky altered its ownership status by merging with special purpose acquisition company Osprey Technology Acquisition Corp, which already had a listing on the New York Stock Exchange. The combined company has been renamed BlackSky Technology, and its ticker symbol is ‘BKSY'.


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QinetiQ reports ‘strong' H1 but warns of possible profit hit

by Marc Selinger

QinetiQ is based in Farnborough, England. (Getty Images)

QinetiQ Group had a “strong operational performance” in the first half of fiscal year (FY) 2022 despite facing weakness in its US market, the UK-based defence contractor announced on 14 October.

However, QinetiQ cautioned that its full-year profit could take a hit from an unnamed “large, complex programme” that is having “technical and supply chain issues”.


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AUSA 2021: Bell selects Rolls-Royce engine for V-280

by Pat Host

Rolls-Royce's AE 1107F engine on display on 13 October at the AUSA annual convention in Washington, DC. Bell will use the engine in its V-280 tiltrotor if it wins the US Army's FLRAA competition. (Janes/Pat Host)

Bell has selected Rolls-Royce's AE 1107F engine to serve as the propulsion system on the V-280 Valor tiltrotor if the programme wins the US Army's Future Long-Range Assault Aircraft (FLRAA) competition.

John Shade, Rolls-Royce executive vice-president of business development and future programmes, told Janes


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AUSA 2021: Japan seeking more military co-development work with US DoD

by Daniel Wasserbly

An SM-3 Block IA missile launches from JS Kirishima . (US Navy)

The Japanese Ministry of Defense (MoD) has asked the US Department of Defense (DoD) to consider areas for new co-development work, ranging from acquisition programmes to science and technology (S&T) projects, the Pentagon's chief technology officer said on 12 October.


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https://www.janes.com/defence-news/industry-headlines/latest/smallsat-firm-blacksky-goes-public

BlackSky, which is fielding a small-satellite constellation to monitor rapid changes on Earth for de...

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