Kongsberg Defense & Aerospace has signed an agreement to buy Lithuanian small satellite company Nanoavionics, Kongsberg-Gruppen wrote in a press release Tuesday morning.
With the acquisition of Nanoavionics, Kongsberg is expanding its space portfolio to also include products and technology for the design and production of small satellites, says Geir Håøy, CEO of the Kongsberg Group.
According to Forskning.no, microsatellites are satellites that weigh less than 500 kilograms. A subcategory of this is microsatellites that weigh between 10 and 100 kilograms. The Kongsberg Group announced in April that it had purchased three of these microsatellites from Nanoavionics.
Focuses on space travel
When Kongsberg-Gruppen has now entered into an agreement to purchase Nanoavionics, it has plans to grow in the space technology sector and contribute to Norway’s space ambitions, the press release said.
The company is already one of the leading Norwegian companies in the aerospace industry. Through the Kongsberg Satellite Service, they provide satellite data communications services, with the world’s largest commercial antenna park in Svardbard.
With the acquisition of Nanoavionics, Kongsberg-Gruppen is expanding its existing investments in satellite and aerospace.
The market for small satellite clusters will increase in the future in the commercial, security and defense sectors, says Eric Lee, CEO of Kongsberg Defense & Aerospace.
It can accommodate 6000 square meters
The company is also opening a new building at Arsenalet Teknologipark in Kongsberg. the new CosmosThe building has an area of 6000 square meters and will house the Kongsberg area section.
Left: Eric Lee, President of Kongsberg Defense and Space, Christian Umholt, Director of the Strategic Space and Surveillance Project, Björn Arild Gram, Secretary of Defense (SB), Daliborca Becky, President of Kongsberg Technology Park, Carrie Ann Sand, Mayor (SB) Kongsberg, Sylvie Nierbo , director of the Business Support and Monitoring space, and Eva Christine Airy. Photo: Kongsberg Defense & Aerospace
This is where the products that will go into space will be developed and produced. It will be the largest in Norway for space technology.
By positioning Cosmos here at Arsenal, it provides opportunities to connect many of our own professional environments within production and development, Lee says.
The building has a production facility of 2,500 square meters and will be able to create 100 new jobs in the local environment, according to the company.
“Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff.”
