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Max Polyakov, an ultra-wealthy entrepreneur with an ambition to build a space transport empire, has acquired South African satellite maker Dragonfly Aerospace, he told Reuters.The deal gave Polyakov the anchor in a booming market. But there is fierce competition for smaller satellite technology and a potential source of revenue for rocket maker Firefly Aerospace, largely owned by Polyakov's Noosphere Ventures investment fund.He declined to disclose the value of the deal, which closed earlier this month. It has not been previously reported. The announcement is expected on Tuesday.


The deal allows us to slotxo ทดลองเล่น control costs and produce a large number of parts," Polyakov told Reuters by telephone. "It allows us to bring everything into the house"The acquisition comes amid a funding frenzy and empty audit deals around a new breed of companies building a small launch system to monetize the exponential growth of satellites. A compact that will have to sit into orbit in the next few years.Texas-based Firefly is trying to raise $ 350 million in over 12 months as part of a plan to expand production and bring it into the higher-capacity beta rocket market. Two people are familiar with the matter.


One of them told Reuters that the first injection might be announced in the coming days.Polyakov hopes that Dragonfly's satellite will be able to launch Firefly's Alpha rocket, which Polyakov said could launch before the end of June.Firefly, US-New Zealand startups Rocket Lab, and billionaire British entrepreneur Virgin Orbit, Richard Branson, are at the forefront of a large list of smaller carriers looking to monetize satellite-scale trends. small Read more about studying in Pakistan This rapid growth has been fueled by venture capital and the leap in technology that shrinks and increases the capabilities of satellites used for everything from communications to national security to education. Climate


The sprawling branches of the smaller satellite maker include SpaceX's Starlink, Amazon.com's Kuiper, Britain's OneWeb, joint venture-backed Planet Planet and Raytheon Technologies Corp's Blue Canyon Technologies (RTC.N).Polyakov's dragonfly aims to build up to 48 satellites a year for commercial and civilian customers.For example, Dragonfly develops satellite cameras for Earth Observation Systems Data Analytics owned by Polyakov's Menlo Park, California's Noosphere Ventures.Polyakov plans to expand Dragonfly Aerospace's presence with new facilities in the United States and Europe, he said, without specifying a specific time frame.