Tag: Aerospace
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NASA taps Colorado companies to lead development on telescope searching for life on other planet
NASA has selected two Colorado companies to help develop a future NASA space telescope that will look for signs of life on other planets. The flagship project, called the Habitable Worlds Observatory, will be the first space telescope purpose built to observe planets orbiting distant stars. It will seek to answer one of humanities ongoing…
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Colorado’s United Launch Alliance CEO resigns
Tory Bruno, the head of United Launch Alliance, has stepped down, the Centennial-based aerospace company announced Monday. Bruno left the company after leading it for 12 years to “pursue another opportunity,” said Robert Lightfoot and Kay Sears in a statement, ULA board chairs representing Lockheed Martin and Boeing, respectively. “We are grateful for Tory’s service…
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Denver-based Voyager acquires Littleton aerospace company ExoTerra Resource
Denver-based Voyager Technologies announced it acquired ExoTerra Resource on Monday for an undisclosed price, the company said in a news release. The acquisition would bring together two companies within the metro Denver region, which is a major hub for the aerospace industry. Voyager is a growing aerospace company that’s working on defense and commercial aerospace…
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Colorado-built Dream Chaser loses NASA missions, delayed again
The Dream Chaser, the long-awaited reusable spaceplane inspired by the Space Shuttle, could be chasing its own dreams for a little while longer. NASA announced on Thursday that it significantly changed the terms of the contract it awarded in 2016 to Louisville-based Sierra Space, the aerospace and defense company behind Dream Chaser. The company and…
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Gov. Jared Polis says Trump’s tariffs policy is disrupting Colorado’s exports, jobs
A report released Thursday by Colorado’s governor said President Donald Trump’s tariffs policy is disrupting the state’s economy and courting a recessionary scenario. State economists have, in fact, been sounding the risk of a scenario for a year — preceding both the White House’s tariffs changes and the congressional budget that Democrats blamed for Colorado’s…
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Aerospace, renewables dominate Colorado’s incentivized job growth as 2 companies awarded $1.6M
Two companies are looking to expand or open operations in Colorado. The Colorado Economic Development Commission approved more than $1.6 million in strategic fund job growth incentives Thursday for the two companies — one in the aerospace industry and the other in renewables. Aerospace and renewables were two of the largest job creators from the state’s…
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Colorado approves $2.5M in tax incentives for 3 companies eyeing expansions
The Colorado Economic Development Commission approved more than $2.5 million in total tax incentives on Thursday for three companies looking to expand, or move, into the state. Most of the tax incentives went to an unnamed renewable energy company based in the U.K. looking to set up a headquarters and factory for its North American…
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Colorado Springs electronics manufacturer adding 100 jobs as part of company expansion
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Soaring demand for sophisticated electronic devices that can be as small as a coin has helped propel a major expansion for a Colorado Springs company. Spectrum Advanced Manufacturing Technologies, a more than quarter-century-old microelectronics manufacturer and whose products serve the aerospace and medical industries, the Department of Defense, NASA and other clients, said Tuesday it…
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Future of geospatial intelligence is commercial — but it’s not an easy road, industry leaders say
The Earth observation industry, a growing segment of the aerospace market where satellites photograph points on the planet, is split between military and commercial. The U.S. government and other international allies contract with companies like Westminster-based Maxar Intelligence that can use their satellites for intelligence operations such as tracking Russia’s military movements in Ukraine. But…
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The final frontiers’ space junk problem has a Denver-based solution
The final frontier has a junk problem, and Astroscale is working to change that. Founded and headquartered in Tokyo, Japan, the company celebrated the grand opening of its United States headquarters at 2201 S. Delaware St., Denver, Sunday afternoon. The location will house 50 of Astroscale’s roughly 60 U.S. based employees and features a mission…