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36-518: Spaceflight Industries, Inc. is an American private aerospace company based out of Herndon, Virginia , that specializes in geospatial intelligence services. It sold its satellite rideshare business, Spaceflight, Inc. , in June 2020. Spaceflight Industries has two primary business services: BlackSky Global, their geospatial intelligence service, and LeoStella, a joint venture with Thales Alenia Space to manufacture small satellites. Spaceflight Industries

72-541: A constellation of satellites. Their first satellite, BlackSky Pathfinder-1 , was launched on 26 September 2016, and the first pictures were released publicly on 14 November 2016. In late 2018, BlackSky launched BlackSky Global-1 and BlackSky Global-2, two of the company's next generation global satellites, aboard the SSO-A mission. The company was aiming for a 60-satellite constellation, which would offer 1-meter resolution and rapid satellite revisit rates. The satellite constellation

108-425: A contract from the U.S. Army to prototype satellites with 50-centimeter resolution. In September 2020, they unveiled their third generation of satellites, scheduled to launch in 2022, that would provide 50-centimeter resolution imagery. They also announced that 16 of the second generation satellites would be launched before phasing in the third-generation units. Aerospace manufacturer The aircraft industry

144-511: A joint venture, LeoStella, to build small satellites. LeoStella opened its production facility in February 2019. In 2020, Spaceflight Industries sold its rideshare business, Spaceflight, Inc. to Mitsui and Yamasa . BlackSky was not part of this deal. Through a business combination with Osprey Technology Acquisition Corp. (a SPAC ), in September 2021 Blacksky became a separate company quoted on

180-456: A number of "rideshare" secondary payloads, along with providing integration and certification services. By integrating all of the secondary satellites as one discrete unit to the launch vehicle, they were able to provide a significant price discount to reach orbit compared to buying an entire launch vehicle. Blacksky Global was founded in 2013 as an independent company owned by Spaceflight specializing in imaging-as-a-service. Spaceflight Networks

216-422: A similar alliance with either Embraer with its E-jet E2 or Mitsubishi Heavy Industries and its MRJ . On 21 December, Boeing and Embraer confirmed to be discussing a potential combination with a transaction subject to Brazilian government regulators, the companies' boards and shareholders approvals. The weight of Airbus and Boeing could help E2 and CSeries sales but the 100-150 seats market seems slow. As

252-522: A single group or company , its dominant source of revenue is typically used by industry classifications to classify it within a specific industry. For example the International Standard Industrial Classification (ISIC) – used directly or through derived classifications for the official statistics of most countries worldwide – classifies "statistical units" by the "economic activity in which they mainly engage". Industry

288-508: A special program to restore U.S. competitiveness across all U.S. industries, Project Socrates , contributed to employment growth as the U.S. aerospace industry captured 72 percent of world aerospace market. By 1999 U.S. share of the world market fell to 52 percent. In the European Union , aerospace companies such as Airbus , Safran , BAE Systems , Thales , Dassault , Saab AB , Terma A/S , Patria Plc and Leonardo are participants in

324-519: A tiny niche market and get mostly re-classified into another industry using new techniques. At the same time, entirely new industries may branch off from older ones once a significant market becomes apparent (as the semiconductor industry became distinguished from the wider electronics industry ). Industry classification is valuable for economic analysis because it leads to largely distinct categories with simple relationships. Through these classifications, economists are able to compare companies within

360-456: Is Japan ), strong transportation infrastructure (#5, #1 is Hong Kong ), a healthy economy (#10, #1 is China ), but high costs (#7, #1 is Denmark ) and average tax policy (#36, #1 is Qatar ). Following were Canada , Singapore , Switzerland and United Kingdom . Within the US, the most attractive was Washington state , due to the best Industry (#1), leading Infrastructure (#4, New Jersey

396-403: Is #1) and Economy (#4, Texas is #1), good labor (#9, Massachusetts is #1), average tax policy (#17, Alaska is #1) but is costly (#33, Montana is #1). Washington is tied to Boeing Commercial Airplanes , earning $ 10.3 billion, is home to 1,400 aerospace-related businesses, and has the highest aerospace jobs concentration. Following are Texas, Georgia , Arizona and Colorado . In the US,

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432-511: Is based. Several consolidations took place in the aerospace and defense industries over the last few decades. Airbus prominently illustrated the European airliner manufacturing consolidation in the late 1960s. Between 1988 and 2010, more than 5,452 mergers and acquisitions with a total known-value of US$ 579 billion were announced worldwide. In 1993, then United States Secretary of Defense Les Aspin and his deputy William J. Perry held

468-417: Is the industry supporting aviation by building aircraft and manufacturing aircraft parts for their maintenance . This includes aircraft and parts used for civil aviation and military aviation . Most production is done pursuant to type certificates and Defense Standards issued by a government body. This term has been largely subsumed by the more encompassing term: " aerospace industry". In 2015

504-471: Is the successor company to numerous British aircraft manufacturers which merged throughout the second half of the 20th century. Many of these mergers followed the 1957 Defence White Paper . Marconi Electronic Systems , a subsidiary of the General Electric Company plc , was acquired by British Aerospace for US$ 12.3 billion in 1999 merger, to form BAE Systems . In 2002, when Fairchild Dornier

540-549: Is then defined as "set of statistical units that are classified into the same ISIC category". However, a single business need not belong just to one industry, such as when a large business (often referred to as a conglomerate ) diversifies across separate industries. Other industry classification systems include the North American Industry Classification System (NAICS), which was developed through partnerships with North American countries such as

576-485: The A320 . Tier 1 consolidation also affects engine manufacturers : GE Aerospace acquired Avio in 2013 and Rolls-Royce took control of ITP Aero . Industry (economics) In macroeconomics , an industry is a branch of an economy that produces a closely related set of raw materials , goods , or services . For example, one might refer to the wood industry or to the insurance industry . When evaluating

612-500: The Airbus A380 , less than 100 major suppliers outsource 60% of its value, even 80% on the A350 . Boeing embraced an aggressive Tier 1 model for the 787 but with its difficulties began to question why it was earning lower margins than its suppliers while it seemed to take all the risk, ensuing its 2011 Partnering for Success initiative, as Airbus initiated its own Scope+ initiative for

648-567: The Bombardier Global Express pioneered the "Tier 1" supply chain model inspired by automotive industry , with 10-12 risk-sharing limited partners funding around half of the development costs. The Embraer E-Jet followed in the late 1990s with fewer than 40 primary suppliers. Tier 1 suppliers were led by Honeywell , Safran , Goodrich Corporation and Hamilton Sundstrand . In the 2000s, Rolls-Royce reduced its supplier count after bringing in automotive supply chain executives. On

684-474: The CSeries partnership between Airbus and Bombardier Aerospace could trigger a daisy chain of reactions towards a new order. Airbus gets a new, efficient model at the lower end of the narrowbody market which provides the bulk of airliner profits and can abandon the slow selling A319 while Bombardier benefits from the growth in this expanded market even if it holds a smaller residual stake. Boeing could forge

720-703: The Department of Defense and NASA are the two biggest consumers of aerospace technology and products. The Bureau of Labor Statistics of the United States reported that the aerospace industry employed 444,000 wage and salary jobs in 2004, many of which were in Washington and California, this marked a steep decline from the peak years during the Reagan Administration when total employment exceeded 1,000,000 aerospace industry workers. During that period of recovery

756-414: The retail trade sector contains industries such as clothing stores, shoe stores, and health and personal care stores. Companies are not limited to one sector or industry. They can reside in multiple sectors and industries. Industries, though associated with specific products , processes, and consumer markets , can evolve over time. One distinct industry (for example, barrelmaking ) may become limited to

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792-503: The "Last Supper" at the Pentagon with contractors executives who were told that there were twice as many military suppliers as he wanted to see: $ 55 billion in military–industry mergers took place from 1992 to 1997, leaving mainly Boeing , Lockheed Martin , Northrop Grumman and Raytheon . Boeing bought McDonnell Douglas for US$ 13.3 billion in 1996. Raytheon acquired Hughes Aircraft Company for $ 9.5 billion in 1997. BAE Systems

828-693: The CSeries, renamed A220, and E-jet E2 are more capable than their predecessors, they moved closer to the lower end of the narrowbodies . In 2018, the four Western airframers combined into two within nine months as Boeing acquired 80% of Embraer's airliners for $ 3.8 billion on July 5. On April 3, 2020, Raytheon and United Technologies Corporation (except Otis Worldwide , leaving Rockwell Collins and engine maker Pratt and Whitney ) merged to form Raytheon Technologies Corporation , with combined sales of $ 79 billion in 2019. The most prominent unions between 1995 and 2020 include those of Boeing and McDonnell Douglas;

864-818: The French, German and Spanish parts of EADS; and United Technologies with Rockwell Collins then Raytheon, but many mergers projects did not went through: Textron-Bombardier, EADS-BAE Systems, Hawker Beechcraft-Superior Aviation, GE-Honeywell, BAE Systems-Boeing (or Lockheed Martin), Dassault-Aerospatiale, Safran-Thales, BAE Systems-Rolls-Royce or Lockheed Martin–Northrop Grumman. The largest aerospace suppliers are United Technologies with $ 28.2 billion of revenue, followed by GE Aviation with $ 24.7 billion, Safran with $ 22.5 billion, Rolls-Royce Holdings with $ 16.9 billion, Honeywell Aerospace with $ 15.2 billion and Rockwell Collins including B/E Aerospace with $ 8.1 billion. Electric aircraft development could generate large changes for

900-468: The NYSE (ticker: BKSY). The business combination grossed over $ 280 million in capital to fund Blacksky's growth plan. At the time, BlackSky Global constellation had seven satellites in low Earth orbit; the planned full complement for the constellation was at the time 30 satellites. BlackSky started out as a subsidiary of Spaceflight Industries as its geospatial intelligence service, to offer on-demand images from

936-1085: The United States ( Boeing ), Montreal and Toronto in Canada ( Bombardier , Pratt & Whitney Canada ), Toulouse and Bordeaux in France ( Airbus , Dassault , ATR ), Seville in Spain and Hamburg in Germany ( Airbus ), the North-West of England and Bristol in Britain ( Airbus and AgustaWestland ), Komsomolsk-on-Amur and Irkutsk in Russia ( Sukhoi , Beriev ), Kyiv and Kharkiv in Ukraine ( Antonov ), Nagoya in Japan ( Mitsubishi Heavy Industries Aerospace and Kawasaki Heavy Industries Aerospace ), as well as São José dos Campos in Brazil where Embraer

972-612: The United States, Canada, and Mexico, in order to standardize the comparison of business activities in North America. There is also the Global Industry Classification Standard (GICS), which is used to assign companies to specific economic sectors and industry groups. There are many industry classifications in the modern economy, which can be grouped into larger categories called economic sectors . Sectors are broader than industry classifications. For example,

1008-506: The aerospace suppliers. On 26 November 2018, United Technologies announced the completion of its Rockwell Collins acquisition, renaming systems supplier UTC Aerospace Systems as Collins Aerospace , for $ 23 billion of sales in 2017 and 70,000 employees, and $ 39.0 billion of sales in 2017 combined with engine manufacturer Pratt & Whitney . Before the 1980s/1990s, aircraft and aeroengine manufacturers were vertically integrated . Then Douglas aircraft outsourced large aerostructures and

1044-700: The aircraft production was worth US$ 180.3 billion: 61% airliners , 14% business and general aviation , 12% military aircraft , 10% military rotary wing and 3% civil rotary wing; while their MRO was worth $ 135.1 Bn or $ 315.4 Bn combined. The global aerospace industry was worth $ 838.5 billion in 2017: aircraft & engine OEMs represented 28% ($ 235 Bn), civil & military MRO & upgrades 27% ($ 226 Bn), aircraft systems & component manufacturing 26% ($ 218 Bn), satellites & space 7% ($ 59 Bn), missiles & UAVs 5% ($ 42 Bn) and other activity, including flight simulators , defense electronics, public research accounted for 7% ($ 59 Bn). The Top 10 countries with

1080-513: The global aerospace industry and research effort. In Russia , large aerospace companies like Oboronprom and the United Aircraft Corporation (encompassing Mikoyan , Sukhoi , Ilyushin , Tupolev , Yakovlev , and Irkut , which includes Beriev ) are among the major global players in this industry. Important locations of the civil aerospace industry worldwide include Seattle , Wichita, Kansas , Dayton, Ohio and St. Louis in

1116-623: The largest industrial bases in 2017 were the United States with $ 408.4 billion (representing 49% of the whole), followed by France with $ 69 billion (8.2%), then China with $ 61.2 billion (7.3%), the United Kingdom with $ 48.8 billion (5.8%), Germany with $ 46.2 billion (5.5%), Russia with $ 27.1 billion (3.2%), Canada with $ 24 billion (2.9%), Japan with $ 21 billion (2.5%), Spain with $ 14 billion (1.7%) and India with $ 11 billion (1.3%). These ten countries represent $ 731 billion or 87.2% of

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1152-459: The whole industry. In 2018, the new commercial aircraft value is projected for $ 270.4 billion while business aircraft will amount for $ 18 billion and civil helicopters for $ 4 billion. In September 2018, PwC ranked aerospace manufacturing attractiveness: the most attractive country was the United States , with $ 240 billion in sales in 2017, due to the sheer size of the industry (#1) and educated workforce (#1), low geopolitical risk (#4, #1

1188-500: Was bankrupt , Airbus, Boeing or Bombardier declined to take the 728JET /928JET large regional jet program as mainline and regional aircraft manufacturers were split and Airbus was digesting its ill-fated Fokker acquisition a decade earlier. On September 4, 2017, United Technologies acquired Rockwell Collins in cash and stock for $ 23 billion, $ 30 billion including Rockwell Collins' net debt, for $ 500+ million of synergies expected by year four. The Oct. 16, 2017 announcement of

1224-744: Was being built by LeoStella LLC, a joint venture between Spaceflight Industries and Thales Alenia Space . BlackSky Global-3 and BlackSky Global-4 satellites were launched aboard a Rocket Lab Electron rocket in August 2019, and BlackSky Global-7 and BlackSky Global-8 were launched in August 2020 as part of the SXRS-1 rideshare mission. BlackSky Global-9 was launched 22 March 2021 on an Electron Photon but two more on an Electron KS on 15 May 2021 failed. Two further BlackSky satellites were launched and successfully deployed into orbit on April 2, 2022 by Rocket Lab aboard another Electron rocket. In January 2020, BlackSky received

1260-435: Was founded in 2009 as Spaceflight Services by Jason Andrews , with Curt Blake joining soon thereafter as SVP and General Counsel. Prior to founding Spaceflight, Jason Andrews worked at Kistler Aerospace and founded Andrews Space in 1999. Jason Blake has previous experience at Microsoft , Starwave , SpaceDev , and GotVoice . Spaceflight Services purchased excess capacity from commercial launch vehicles and resold it to

1296-593: Was started in 2014 to provide a network of ground stations for low-latency communication with cubesats and other small satellites. In 2015, Spaceflight Services, Spaceflight Systems (formerly Andrews Space ), and Spaceflight Networks, were consolidated under the Spaceflight Industries brand. The same year, Blacksky announced plans for a constellation of 60 satellites that would provide low-cost satellite imagery of any location on Earth within 90 minutes. In March 2018, Spaceflight and Thales Alenia Space announced

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