Astrotech Acquisition Completed

Posted 23 August 2014

Lockheed Martin Corporation completed the acquisition of the assets of the Astrotech Space Operations business of Astrotech Corporation on 22 August 2014. With operations in Titusville, Florida, and at Vandenberg AFB, California, Astrotech provides satellite launch preparation services, including final testing, fueling, encapsulation in rocket fairings, and day-of-launch operations. Astrotech employees have carried out more than 300 successful spacecraft missions to date on a variety of US and international launch vehicles. Astrotech Space Operations will be a wholly-owned subsidiary of Lockheed Martin reporting through the Corporation's Space Systems business area. This acquisition was originally announced 29 May 2014.