Raytheon-owned Blue Canyon expands small satelite production.
By increasing production capacity from 50 to 85 vehicles per year, Blue Canyon hopes to cement it's parent company Raytheon's position as a leader in the technology. The new facility wich stands for the expansion is dedicated to building cubesats, a type of small satelite weighing between 1-10 kilogram.
John Carvo, Blue Canyons executive directorof cubesats stated - “This new manufacturing facility allows us to produce at a larger scale, provide innovative solutions and deliver top-performing satellites to meet our customers’ needs” during the plant's aug. 4 grand opening.
Ranging from customers the U.S. department of Defense to United Kingdom Defence Science and Technology Laboratory, Blue Canyon provide them with a range of small space vehicles.
The acquisition and investment is part of a broader strategy to become a leader in small satelite technology, according to Roy Azevedo' statement to C4ISRNET, president of Raytheon's intelligence and space business. He also mentioned that that $ 1billion dollars has been invested in the small satelite segment in their mission of becoming a leader in the sector.