L3Harris Technologies is selling a 60% stake in its space propulsion business to AE Industrial Partners for $845 million, ...

L3Harris Technologies said Jan. 5 it will sell a majority stake in its space propulsion business to private equity firm AE ...

AE Industrial will take a 60 percent stake in the new business focused on civil and commercial space; L3Harris will maintain ...

The rise of the commercial space industry precipitated a steeper decline at Rocketdyne. Boeing sold the Rocketdyne division ...

In an MIT News report, Hampson highlighted the financial difficulty of developing NTP. “Sure, you can get double the ...

Space agencies are moving closer to a new era of rocket propulsion that could fundamentally change deep-space travel. Nuclear ...

Melbourne-based L3Harris acquired the vast rocket engine company Aerojet Rocketdyne in 2023, but on Monday announced it was ...

AE Industrial Partners, LP ("AE Industrial"), a private investment firm focused on technologies and services considered critical to aerospace and national and economic security, today announced that ...

AE Industrial Partners has acquired a controlling stake in L3Harris Technologies’ space propulsion and power systems business. No financial terms were disclosed. Headquartered in Melbourne, Florida, ...

Key market opportunities include advancements in super heavy-lift rockets and cost-efficient, reusable technologies, growing commercial satellite constellations, and increased investments in space ...

For over a century, rocket propulsion has followed a simple principle; burn fuel, expel it backward, and Newton's third law pushes you forward. Since Konstantin Tsiolkovsky first formulated the rocket ...

The Space Age framed nuclear propulsion as a quiet rethinking of movement, distance, and endurance beyond Earth.