Swedish Space Corporation Agrees to Acquire Universal Space Network
“This further enhances our collective ability to provide satellite owners and operators with a one-stop shop for global telemetry, tracking, command and data services. With this integration of these two leading businesses, PrioraNet becomes the largest commercial service for satellite operations and communications,” says Mr.
“Throughout this process the primary focus has been on increasing the robustness of our current space communications services while expanding the breadth of commercially based mission critical space operations services to the space industry,” remarks
SSC anticipates that the acquisition, which is still subject to US regulatory approval, will be completed within 90 to 120 days of this press release. Upon closing, USN will operate as a US-based subsidiary of SSC.
Swedish Space Corporation – a general contractor in space and aerospace
Swedish Space designs, tests, launches and operates space and aerospace systems. Our operations are carried out within five business units located in
Universal Space Network, Inc. (USN) is a leader in space operations for telemetry, tracking and control (TT&C) services. Offering responsive, reliable and cost-effective solutions to the global government and commercial space community, USN provides unparalleled coverage through a seamless network of worldwide satellite tracking and communications assets. These assets include both those owned by USN and those of our collaborative partners. The company has offices in
SOURCE Swedish Space Corporation