Posted on

Astrobotic expands with acquisition of Masten Space Systems



Share

Pittsburgh-based Astrobotic has acquired Masten Space Systems after the latter company filed for bankruptcy protection at the end of July. The acquisition comes following a successful $4.5 million bid for Masten’s assets in a Delaware bankruptcy court earlier this month.
The acquisition includes Masten’s substantial portfolio of space technologies, including its vertical take-off and landing rocketry and propulsion test centers. The acquisition brings the two companies’ combined workforce to over 200 employees, some of whom will continue to operate at Masten’s headquarters in Mojave, California. Founder and CTO of Masten, David Masten, is joining Astrobotic as chief engineer.
Astrobotic said it would continue suborbital flight operations at Masten’s facilities in Mojave, while continuing development of the Xogdor rocket. This rocket, the newest of Masten’s terr …

Read More