Page 10 - CNC West Oct-Nov 2021

EXEC H TLINE
Lam Research to Expand Manu-
facturing in Oregon
Raytheon Intelligence & Space
to Acquire Blue Canyon Technol-
ogies
Raytheon Technologies has signed a defini- tive agreement to acquire privately held Blue Canyon Technologies, a leading provider of small satellites and spacecraft systems com- ponents. Closure of the acquisition, expected by early 2021, is subject to the completion of customary conditions and regulatory approv- als. Blue Canyon Technologies will report into Raytheon Intelligence & Space upon closing.
Based in Boulder, Colorado with more than 200 employees, Blue Canyon Technologies was founded in 2008. The company currently has more than 90 satellites in production, and has supported missions for the U.S. Air Force, NASA and the Defense Advanced Research Proj- ects Agency.
Boeing Nets Orders For 5 New
737 Max Jets From First-Time
Customer
The Boeing Co. netted five more orders of its Renton-built 737 Max 8 jets from Dublin aircraft leasing company Griffin Global Asset Management.
The purchase is the first for Boeing from Griffin, which said in a Sept. news release it could presage additional orders as commercial airline traffic edges closer to pre-pandemic levels.
“As market conditions rebound, we are finding opportunities to serve our airline customers in innovative ways,” said Griffin founder and CEO Ryan McKenna. “An important component of this strategy is providing balanced capacity that meets returning passenger demand. The 737-8 is well-positioned to support this objective, and this order lays a strong foundation for more to come with Boeing and Griffin on future opportunities.”
Lam Research announced the expansion of its manufacturing footprint in Oregon with a new 45,000 square foot facility in the city of Sherwood, planned to open in December 2021. Lam is one of the largest suppliers of semicon- ductor manufacturing equipment in the world, and this new site will supply chipmakers with the critical tools needed to build chips that power advanced electronic devices. The new facility is Lam’s fifth manufacturing site in the United States and will further enhance its resilience and ability to meet increas- ing customer demand, as chip suppliers seek to ramp up production globally.
Lam expects its new facility to create ap- proximately 300 new jobs and career oppor- tunities for residents of the Sherwood and Washington County communities, including armed forces veterans, college students and high school graduates.
“We are building the manufacturing workforce of the future—from our comprehensive train- ing program and next-generation manufacturing techniques, to our agile and collaborative work environment,” said Tim Archer, president and CEO of Lam Research. “As we continue to expand our manufacturing operations, we are pleased to open a second facility in Oregon.”
Phase Four Wins U.S. Space
Force Contract at SpaceWERX
Pitch Day
El Segundo, CA based Phase Four, the creator of the radio-frequency thruster for satellite propulsion, announced that it has secured a contract with the U.S. Space Force at the SpaceWERX Pitch Day for the company’s propellant-agnostic Maxwell engine. Under the contract, Maxwell will utilize ASCENT, a green propellant developed by the U.S. Air Force Research Laboratory, to enable multi- mode propulsion capability, which combines the high thrust capabilities of chemical propul- sion and the high efficiency capabilities of electric propulsion.
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