RUAG Space signs deal with Australian rocket company

The Australian rocket company, Gilmour Space Technologies, has signed a long-term collaboration and supply agreement with launch industry supplier, RUAG Space.

The agreement is the first of its kind in Australia and explores the use of RUAG Space’s new range of FlexLine carbon composite products in Gilmour Space’s proprietary hybrid rockets. The Queensland-based company is targeting to launch small satellites weighing up to 100 kg into low earth orbits from 2020, and up to 400 kg from 2021. “RUAG Space has a long history of providing reliable launch technologies for rockets like the Ariane 5, Vega and Atlas,” said Gilmour Space CEO & Founder, Adam Gilmour. “With this collaboration, we look to leverage on their proven expertise, while lowering our launcher development costs and time-to-market.”

MaxLinear, along side its subsidiary, have entered into a definitive agreement with Intel Corporation under which MaxLinear would, subject to customary closing conditions, acquire Intel’s Home Gateway Platform Division for USD 150 million.

The situation surrounding the COVID-19 pandemic continues to evolve, and doing so rapidly. Globally we’re seeing nations and governments react with recommendations and restrictions to movement and business operations – and companies are reacting.

Infineon says it has received all necessary regulatory approvals for its acquisition of Cypress Semiconductor. Infineon expects to close the transaction within five business days.

Continued travel restrictions, the shut-down of borders and whole cities and other similar events have created unanticipated labour, logistics and material shortages throughout the world.

On April 4, Murata Manufacturing, confirmed that an employee at the Takefu Factory of Fukui Murata Manufacturing has tested positive for COVID-19.

Cree says that the COVID-19 pandemic has had a greater impact than originally anticipated when the company provided the third quarter outlook back in late January.

Connector solutions manufacturer, Hirose, says it is prioritising and expediting orders to medical equipment manufacturers.

Elmos will start with the previously announced short-time work in mid-April. Associated with this, the Management board and executives will voluntarily waive a part of their remuneration.

The connector company had to temporarily close its operations in Malaysia on March 18 following a government order. The order is a precautionary measure against Covid19 and is affecting most of the country’s industries.

The manufacturer of discrete semiconductors has provided an update on the operational status of its manufacturing facilities amidst COVID-19 pandemic.

Axcelis Technologies, a supplier of high-productivity solutions for the semiconductor industry, says it has received an order to ship its first Purion system into Japan.

An EUR 8 million equity investment to strengthen partnership between the companies who will co-develop, jointly promote and deploy autonomous driving solutions on the market.