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Legal

Forrester’s Digest: Blue Origin / Eclipse Global Connectivity + OneWeb / Intelsat /

The Jeff Bezos-backed Blue Origin rocket system says it plans to more than double the number of people it lofts into sub-orbital space upon its New Shepard vehicle. It was a New Shepard rocket which carried William Shatner into sub-orbital space last October. Bob Smith, chief executive of Blue Origin, speaking at the annual FAA […]

Momentus Legal Appeal

Law360 (February 15, 2022, 6:25 PM EST) — Special purpose acquisition company Stable Road Acquisition Corp. and commercial space business Momentus Inc. have asked a California federal court to let them out of a proposed investor class action, arguing the shareholders didn’t properly back up their claims about purported company misstatements. The companies said in […]

Aerojet Rocketdyne Leadership Shake up

Law360 (February 11, 2022, 10:29 PM EST) — Tensions within Aerojet Rocketdyne Holdings Inc.’s leadership erupted in Delaware’s Chancery Court on Friday when Aerojet and its CEO sued to oust the executive chairman, whom Aerojet says is undermining its disputed $4.4 billion merger with Lockheed Martin Corp. Aerojet Rocketdyne, CEO and President Eileen P. Drake […]

A ‘No Go’ Acquisition — Lockheed Martin Terminates Their Aerojet Rocketdyne Agreement

Lockheed Martin Corporation (NYSE: LMT) has terminated their agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD). The decision to terminate the agreement follows the U.S. Federal Trade Commission‘s (FTC) lawsuit filed late last month seeking a preliminary injunction to block the acquisition. “Our planned acquisition of Aerojet Rocketdyne would have benefitted the entire industry […]

FCC Blocks Lockheed Martin’s Acquisition Of Aerojet Rocketdyne

The Federal Trade Commission has sued to block Lockheed Martin Corporation’s $4.4 billion proposed vertical acquisition of Aerojet Rocketdyne Holdings Inc., the last, independent, U.S. supplier of missile propulsion systems. Aerojet supplies advanced power, propulsion, and armament systems, which are critical components for the missiles made by Lockheed and other defense prime contractors. The agency’s […]

Forrester’s Digest: Starlinks Spacebound Soon / SES – Intelsat Trial Date Set / Starship Launch Delay

Elon Musk’s SpaceX is planning to launch a batch of Starlink satellites this week. The launch, subject to the usual weather considerations, is scheduled for 16:49 EST (21.49 GMT), with a backup time available at 18:47 EST (23.47 GMT) on January 6th. The SpaceX mission, officially dubbed Starlink 4-5, is looking to place this batch […]

Forrester’s Digest: An Unusual Move For SpaceX / Virgin Orbit Investments / Intelsat Creditor Settlements

Elon Musk’s SpaceX is scheduled to launch 52 of its Starlink craft into circular orbits today (December 17th). This is an unusual move from Musk’s team — this launch is designed to fill gaps in the constellation’s existing coverage. The launch will take place from SpaceX’s facility at the Vandenberg Air Force Base in California […]

Forrester’s Digest: SES-17 Launch Delayed / EUTELSAT + UHD Importance / Intelsat’s Bankruptcy Exit Plan Hearing Delayed

The launch of SES-17 has been delayed. Arianespace stated that investigations are ongoing in order to identify a new launch date from the Kourou spaceport. The Ariane 5 launch vehicle and spacecraft SES-17 and fellow passenger SYRACUSE 4A are in stable and safe conditions on the launch pad, according to Arianespace. SYRACUSE-4A is a military […]