Kongsberg Defence &
Aerospace has entered into an agreement to acquire
Lithuanian smallsat mission integrator and bus
manufacturer NanoAvionics
The planned acquisition
expands our space offering to also have products and
technology for manufacturing small satellites.
NanoAvionics is a leading
smallsat mission integrator and bus manufacturer
with significant global growth recent years,
including expansions into the UK and the USA.
“By joining forces,
NanoAvionics and Kongsberg Defence & Aerospace will
be able to provide cost efficient solutions and
services. The market for small satellite
constellations will increase going forward, within
commercial, security and defence segments.
NanoAvionics has a strong proven track record, and
we look forward to working closely with this
talented team,” says Eirik Lie, President of
Kongsberg Defence & Aerospace.
The two companies have
complementary technology and positions in the space
value chain.
NanoAvionics is a leader
in the Smallsat segment as a mission integrator and
bus manufacturer, whilst Kongsberg Defence &
Aerospace is an established provider of spacecraft
subsystems, and through KSAT – Kongsberg Satellite
Services the world-leading supplier of satellite
ground stations for downloading and processing
satellite data.
NanoAvionics has
customers in more than 40 countries across Asia,
Europe and the Americas, complementing our global
positions in both the traditional space segment and
new space.
Delivering on Norwegian space
ambitions
The planned acquisition is in line with
KONGSBERG’s strategic priorities to grow in the
space technology sector and Norway’s space
ambitions. In April KONGSBERG announced the
procurement of three microsatellites from
NanoAvionics as a first step of establishing
Norway's first satellite constellation with unique
and world-leading capabilities. On July 5 of this
year KONGSBERG will open a new 6,000 square meter
building, with specialized facilities for the
development and production of products to be
launched into space.
“Norway is a leader in the domain of
maritime surveillance in the high north. The planned
acquisition incorporates world class small satellite
technology into our portfolio enabling further
advances in surveillance and other key strategic
capacities. NanoAvionics, along with our existing
space portfolio and the development of the Andøya
space port means Norway now has leading positions
across the entire value chain”, says Lie.
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