Global space exploration company Voyager Space Holdings has agreed to acquire US-based launch services provider The Launch Company.

Based in Anchorage, Alaska, The Launch Company produces processes, standardised hardware and ground support equipment for space companies.

The Launch Company CEO and founder Ben Kellie said: “Reliable, affordable access to space starts at the launch site. With the continued growth and increasing frequency of commercial launches in the US, we’ve seen the demand for our products and services take off.

“Voyager’s proposal to acquire The Launch Company was an easy decision because it will allow us to scale up our services even more rapidly while also giving us the ability to focus on that growth rather than spending resources on the time-consuming requirements that running a growing business entails.

“We are grateful for Voyager’s partnership and are eager to see what we can achieve together.”

Financial details of the acquisition have not been disclosed. It marks the first acquisition for Voyager in the launch category.

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Completion of the deal is based on fulfilling customary closing conditions.

Some of the companies that The Launch Company has worked within the space sector include Virgin Orbit, Relativity Space, and Firefly Space. It has also supported the platforms of the US Department of Defense and the US Air Force.

The Launch Company also aims to develop a multi-user mobile launch site to offer services to all types of launch vehicles.

With this deal, Voyager’s portfolio now includes three US-based companies including Pioneer Astronautics and Altius Space Machines.