Magellan Aerospace Signs Agreement With Peraton to Support NASA Sounding Rocket Program
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240507280817/en/
Black Brant Launch (Photo: Business Wire)
In 2023, Peraton won a competitive award to support the NASA Sounding Rocket Operations Contract IV (NSROC IV) over a five-year period of performance. Magellan is excited to embark on this contract with Peraton and solidify this new business relationship.
Magellan has been designing and manufacturing a family of Black Brant sounding rockets since 1962, playing a leading role in suborbital scientific exploration. The Black Brant is the most reliable, cost-effective and available multi-stage solid propellant rocket in use today with a success rate of 99.4% over the last 500 launches. The annual missions flown for NASA’s program provide researchers with unparalleled opportunities to fly missions that support their strategic vision.
About
Forward Looking Statements
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. When used herein, words such as "expect", "anticipate", "estimate", "may", "will", "should", "intend", "believe", and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by the Corporation in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Corporation believes are appropriate in the circumstances. Many factors could cause the Corporation's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the "Risk Factors" section of the Corporation's Annual Information Form (copies of which filings may be obtained at www.sedar.com). These factors should be considered carefully, and readers should not place undue reliance on the Corporation's forward-looking statements. The Corporation has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240507280817/en/
Director, Corporate Communications
Ph. +1 204 228 3719
laura.podaima@magellan.aero
Source: