# BAE Systems sees big opportunity in space after UK satellite bolt-on
Author: Pal sinha, Barnali
Author URL: https://startupobserver.com/author/pal-sinha-barnali/
Published: 2021-09-14
Category: Business
Category URL: https://startupobserver.com/category/business/
Meta Title: BAE Systems Expands into Space with In-Space Missions Acquisition
URL: https://startupobserver.com/bae-systems-sees-big-opportunity-in-space-after-uk-satellite-bolt-on/

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qsrmdo0032wirgrt84jr62/images/2021-09-14t100650z1lynxmpeh8d0dertroptp4bae-agm-pay-1737044316513-compressed.jpg)

LONDON (Reuters) – British defence company BAE Systems said space was a big area of opportunity, after it acquired UK-based satellite specialist In-Space Missions on Tuesday.

“It (space) will be a big opportunity for us,” Chief Executive Charles Woodburn told [Reuters.](https://startupobserver.com/blackstone-thomson-reuters-consortium-sells-3-4-billion-lseg-shares-at-discount/)

In-Space [Missions,](https://startupobserver.com/japans-lunar-craft-lands-successfully-but-cant-generate-solar-power/) a southern England-based company with 30 employees, gives BAE exposure to the design, building and operation of satellites and satellite systems, which it sees as being key to [defence](https://startupobserver.com/uks-bae-systems-to-buy-ball-aerospace-for-about-5-55-billion/) missions of the future.

The price of the acquisition was not disclosed but it was said to be non-material at the group level.

(Reporting by Sarah Young, Editing by Paul Sandle)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---