Raytheon UK closes on deal for Alnwick’s Northern Space and Security
July 25, 2022
A tech firm supporting the aerospace and defence sectors has agreed a deal to buy a North East operator.
Raytheon UK is set to take over Alnwick’s Northern Space and Security (NORSS).
Bosses say the move marks an “important step on Raytheon UK’s path toward building a global space capability for governments”, thanks to NORSS’ strong order book.
Known for supporting the UK Space Agency, NORSS – which also has a base at NETPark, in Sedgefield, County Durham, is working with the Ministry of Defence to develop a simulator for testing British military satellite systems and constellations.
Ralph Dinsley, NORSS executive director, said: “The acquisition, upon completion, will facilitate expansion by NORSS through access into new markets.
“As part of Raytheon Intelligence & Space, we will have expanded access to international markets, continued investments in research and development, and opportunities to collaborate on the next generation of space technologies.”
Jeff Lewis, Raytheon UK chief executive, added: “Bringing together the complementary capabilities of these two leading space companies will enhance the quality of the UK’s orbital analysis and space situational awareness technologies.
“It also answers a call made by the UK Government for companies to invest in cutting-edge space technologies.”