VENTURE CAPITAL POST

United Launch Alliance (ULA), a joint venture (JV) between Lockheed Martin and Boeing, is entering into miniature satellites segment. ULA is planning to launch a CubeSat carrier by mid 2017. ULA will explore business potential in launching small satellites for earth imaging, weather forecasting, internet relays, etc.

United Launch Alliance (ULA), a joint venture floated by Lockheed Martin Corp and Boeing Co, has bagged a contract worth $882million for launching satellites for the US Air Force with Delta IV and Atlas V rockets. The contract is effective from 1 October and includes launch capability, mission, integration, base and range support, maintenance, depreciation on equipment, mission assurance, program management, systems engineering and launch site and range operations during the 2016 fiscal year, according to US Defense Department. The usage of Atlas V rockets will enable the US Defense Department to compete for military and spy satellite launch contracts. ULA is poised for its latest launch this week and this is its 100th mission this week.

A partnership between Boeing Co. and Lockheed Martin Corp. known as United Launch Alliance (ULA) has sealed a deal with Jeff Bezo's space company, Blue Origin. The new partnership agreement took place as Aerojet Rocketdyne Holdings was reported to have made an offer to buy the joint venture company for a reported amount of $2 billion cash.

Aerojet Rocketdyne Holdings Inc reportedly made a $2 billion offer to United Launch Alliance, the prime spacecraft launch service provider of Pentagon jointly owned by Boeing Co. and Lockheed Martin Corp.