Burges Salmon Supports US Space Client as it Acquires UK Start Up
Scott Fyfe, Senior Associate, Burges Salmon’s Space and Satellites Team
Independent UK law firm Burges Salmon has advised US-based ExoAnalytic Solutions, a global leader in space domain awareness services (SSA), on its acquisition of UK-based startup 3S Northumbria. The acquisition represents a significant milestone for the UK space industry and the UK Government, with the deal enhancing the country’s commercial SSA capabilities and championing the development of key skills across the sector.
In a strategic move for ExoAnalytic Solutions, the acquisition grows the company’s presence in the UK and Europe and supports the specific needs of the UK's space initiatives with enhanced SSA, data sharing and operational coordination capabilities. The transaction establishes 3S Northumbria as a wholly owned subsidiary of ExoAnalytic Solutions, with the fast growing start up, known for its innovative approaches to space technology and data integration, benefiting from a global infrastructure and wealth of experience to boost data and service delivery to its domestic and international client base.
Edinburgh-based Scott Fyfe, a senior associate in Burges Salmon’s Space and Satellites team, advised on the cross-border transaction. He comments: “We are delighted to have supported our client, ExoAnalytic on this cross-border transaction. This deal underscores our capability to support our international clients’ growth ambitions and highlights our commitment to fostering growth within the UK's fast growing space sector. By leveraging our understanding of both domestic and international space regulations, we are uniquely positioned to support clients like ExoAnalytic Solutions in their innovative ventures.”
Dr. Douglas Hendrix, CEO of ExoAnalytic Solutions, adds: “3S Northumbria’s mission to ensure the safe and sustainable use of space perfectly complements our space domain awareness capabilities. This acquisition allows us to better serve the UK Government and other partners, ensuring more comprehensive monitoring and protection of space assets. It’s been a pleasure working with Scott and the wider Burges Salmon team and we’ve been impressed by the firm’s excellent expertise and pragmatic advice to guide us through this transaction.”
Burges Salmon’s Space and Satellites team advises on all aspects of complex and high-value space-related transactions, providing legal solutions and tailored commercial advice to support customers, service providers, manufacturers and funders in the sector. The firm’s experience spans commercial and public sector projects, and both civil and military domains.