BDO has provided financial due diligence services and SPA advice on the acquisition of In-space Missions by BAE Systems Plc.
BAE Systems has acquired In-Space Missions, a UK company that designs, builds and operates satellites and satellite systems. The acquisition will combine BAE Systems’ experience in highly secure satellite communications with In-Space Missions’ full lifecycle satellite capability, to make a compelling sovereign UK space offer.
In-Space Missions was founded in 2015 and launched its first combined satellite in June, carrying six payloads for customers.
The acquisition of In-Space Missions will add the ability to create, launch and operate complete satellites, helping to enable sovereign, secure and resilient data sharing between different platforms in sea, air, land and space.
“We were delighted to have worked with BDO on the transaction. They supported us (at short notice) across a range of different areas and they were flexible throughout the summer holiday period. We would be happy to recommend the team.”
Michelle Le Merre, Finance Director – Corporate Development & Strategy, BAE Systems plc