17 June 2019
Defence technology company XTEK, a specialist in composite materials and structures, has signed a memorandum of understanding with space company Skykraft to jointly develop a range of new small spacecraft and launcher systems.
Both companies are based in Canberra. For XTEK, this represents a first significant step into the space sector. XTEK managing director Philippe Odouard said the agreement with Skykraft would provide an opportunity to expand their target market.
Under the new agreement terms, XTEK and Skykraft will work together to develop the hardware and identify opportunities for supply of products from XTEK’s production facility.
Read the Media Release on Space Connect's website.