Home / Space News Daily / Maxar acquires robotics firm Neptec for $32 million

Maxar acquires robotics firm Neptec for $32 million

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WASHINGTON — Maxar Applied sciences on July 16 bought Neptec, a Canadian firm with robotic experience deemed helpful for in-space actions like satellite tv for pc servicing and constructing area stations.

Maxar stated the 42 million Canadian greenback ($32 million) acquisition of Neptec will fold the corporate’s 100 workers into Maxar’s Vancouver, Canada-based MDA division.

Neptec will allow Maxar to leverage superior electro-optical and electro-mechanical methods in addition to LIDAR — Mild Detection and Ranging — methods for connecting buildings in area utilizing steerage and navigation sensors, Maxar stated.

With workplaces in Ottawa, Canada and Harwell, United Kingdom, Neptec is a provider for a number of worldwide area applications, together with the European Area Company’s ExoMars rover cameras, Northrop Grumman’s Cygnus resupply vessel, and Canadian Area Company-funded devices for the Worldwide Area Station.

In April, the Canadian Area Company awarded Neptec an CA$11.9 million contract to develop a brand new imaginative and prescient system for the ISS that might permit the station’s Dextre robotic arm to observe for exterior injury.

MDA stated Neptec is effectively positioned for enterprise areas together with “on-orbit servicing, area mining, area manufacturing and the Lunar Orbital Platform-Gateway,” the latter being a NASA program to construct an area station in orbit across the moon within the 2020s.

“Robotics wanted for this venture will incorporate considerably extra autonomous decision-making capabilities utilizing synthetic intelligence and state-of-the-art robotics and software program,” Maxar stated of the Lunar Gateway.

Maxar, by its Area Programs Loral division, is creating a satellite-servicing car with the U.S. Protection Division and plans to start out a spacecraft refueling enterprise in 2021.

“The Neptec workforce is well-established within the business, and this funding represents an essential strategic alternative to supply broader options for the rising area exploration market,” Mike Greenley, group president of MDA, stated in an announcement.

Maxar stated Neptec has additionally been creating quantum computing methods for area communications.

Maxar paid for Neptec utilizing roughly CA$eight million in money and CA$34 million of frequent shares. The corporate expects Neptec might be accretive to its working earnings per share beginning subsequent 12 months.

Maxar was fashioned final fall in a $2.four billion deal that merged industrial remote-sensing agency DigitalGlobe and its Radian Options division with MDA and its Area Programs Loral subsidiary.


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