Insider Brief:
- ExoAnalytic Solutions announced its plan to acquire UK-based startup 3S Northumbria
- Integrating 3S Northumbria will enable ExoAnalytic Solutions to offer an expanded range of commercial SSA services tailored to the UK’s space initiatives.
- The transaction is expected to close in the second quarter of 2024, pending customary closing conditions and regulatory approvals.
ExoAnalytic Solutions, a leader in space domain awareness (SDA) services, announced its plan to acquire UK-based startup 3S Northumbria. This move will establish 3S Northumbria as a wholly-owned subsidiary of ExoAnalytic Solutions, enhancing the availability of commercial space situational awareness (SSA) capabilities for the UK Government and its allies.
ExoAnalytic Solutions provides space surveillance and tracking, using a wide network of telescopes and advanced software to provide real-time data and analytics on objects in orbit. Acquiring 3S Northumbria, known for its innovative space technology and data integration methods, strengthens ExoAnalytic’s presence in the UK and Europe.
Dr. Douglas Hendrix, CEO of ExoAnalytic Solutions, expressed enthusiasm about the acquisition. “We are thrilled to welcome 3S Northumbria into the ExoAnalytic family,” he said. “Their mission to ensure the safe and sustainable use of space perfectly complements our unparalleled space domain awareness capabilities. This acquisition will allow us to better serve the UK Government and other partners with enhanced SSA services, ensuring more comprehensive monitoring and protection of space assets.”
Integrating 3S Northumbria will enable ExoAnalytic Solutions to offer an expanded range of commercial SSA services tailored to the UK’s space initiatives. The acquisition will improve data sharing and operational coordination, enhancing the overall effectiveness of space situational awareness efforts. Additionally, this integration will help develop the skills and experience necessary to support the UK’s space ambitions.
Ralph “Dinz” Dinsley, founder and managing director of 3S Northumbria, highlighted the strategic benefits of the acquisition. “The UK Government is increasingly focused on securing its interests in space,” Dinsley said. “Becoming part of ExoAnalytic Solutions provides us with the opportunity to leverage their global infrastructure and experience, significantly boosting our ability to deliver high-quality SSA data and services to the UK and our other clients.”
The transaction is expected to close in the second quarter of 2024, pending customary closing conditions and regulatory approvals.
Image credit: ExoAnalytic
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