STOCK TITAN

Voyager Space Announces Teaming Agreement with Northrop Grumman for the Starlab Space Station

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Voyager Space plans to team up with Northrop Grumman to develop autonomous rendezvous and docking technology for Cygnus spacecraft, which will provide cargo resupply services for the Starlab space station. Northrop Grumman will upgrade its Cygnus cargo vehicle with a fully autonomous docking system. This collaboration supports the future of commercial LEO and pushes forward critical technology for deep space exploration.
Positive
  • Voyager Space and Northrop Grumman's collaboration supports the future of commercial LEO and deep space exploration
Negative
  • None.

DENVER, Oct. 4, 2023 /PRNewswire/ -- Voyager Space (Voyager) today announced they plan to enter a teaming agreement with Northrop Grumman (NYSE: NOC) to develop fully autonomous rendezvous and docking technology for Northrop Grumman's Cygnus spacecraft and provide cargo resupply services for the Starlab space station, which will be built and operated under a transatlantic joint venture between Voyager Space and Airbus Defence and Space (Airbus). The companies will further explore opportunities to strengthen the development of Starlab, a free-flying space station, and the enhanced Cygnus system, to serve the National Aeronautics and Space Administration (NASA) Commercial Low-Earth Orbit (LEO) Development program (CLDP). The parties also are exploring opportunities for Northrop Grumman to provide engineering services in support of the design and development of Starlab.

Under this teaming agreement, Voyager Space and Northrop Grumman agreed to a framework under which Northrop Grumman will perform services to upgrade its flight-proven Cygnus cargo vehicle with a fully autonomous docking system to support Starlab missions. Autonomous docking, the ability for two spacecraft to dock independently from human controllers, is a critical technology enabling complex in-orbit and deep space operations.

Northrop Grumman's Cygnus spacecraft will be utilized to deliver pressurized cargo to Starlab over an initial five-year period to support future human spaceflight missions. The Cygnus spacecraft has completed 19 missions, delivering over 138,000 pounds of cargo to the International Space Station (ISS). Cygnus has already demonstrated several advanced capabilities, including the ability to function as a laboratory while docked to ISS, deploy satellites, and reboost the station's orbit.

"We are fully committed to the future of commercial LEO. Our new role with Starlab supports NASA's initiatives to encourage commercial space station development as part of a growing LEO economy," said Steve Krein, Vice President of Civil and Commercial Space at Northrop Grumman.

"This collaboration is a major step forward for the Starlab program," said Dylan Taylor, Chairman and CEO of Voyager Space. "Northrop Grumman's technical capability and proven success in cargo resupply services will play a pivotal role as we accelerate Starlab's development. We're proud to be supporting advanced docking systems that push LEO transportation operations forward and advance critical technology for deep space exploration. We are thrilled to have Northrop Grumman on our Starlab team."

Voyager and Northrop Grumman's teaming follows recent news from Voyager and Airbus announcing an agreement to form a transatlantic joint venture to develop and operate the Starlab space station, ensuring a continued human presence in LEO and launching before the ISS is decommissioned.

About Voyager Space

Voyager Space is dedicated to building a better future for humanity in space and on Earth. With over 35 years of spaceflight heritage and over 2,000 successful missions, Voyager is powering the commercial space revolution. Voyager delivers exploration, technology, and defense solutions to a global customer base that includes civil and national security agencies, commercial companies, academic and research institutions, and more.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains "forward-looking statements." All statements, other than statements of historical fact, including those with respect to Voyager Space, Inc.'s (the "Company's") mission statement and growth strategy, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve many risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all. Readers should not place any undue reliance on forward-looking statements since they involve these known and unknown uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/voyager-space-announces-teaming-agreement-with-northrop-grumman-for-the-starlab-space-station-301947600.html

SOURCE Voyager Space

Northrop Grumman Corp.

NYSE:NOC

NOC Rankings

NOC Latest News

NOC Stock Data

69.79B
141.05M
0.24%
85.14%
1.23%
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Manufacturing
Link
United States of America
FALLS CHURCH

About NOC

northrop grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, c4isr, strike, and logistics and modernization to customers worldwide. our employees are driven by a purpose and mission to secure the world. we are searching for candidates who are passionate about advanced technology and equipment, but more so about what the technology can do – and whom it can protect. from families to the intelligence community, from our climate to our men and women in uniform, we're working together to make the world a safer place. across our career areas and around the globe, we see the impact our work has on the world every day. if you want to join a team committed to excellence and making a difference, apply today. let’s do work that matters – together.