#space force Tech News.
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Viasat stock closed up 18.2% Thursday after the U.S. Space Force awarded the company a contract to build a small communications satellite prototype for the PTS-G Swarm 1 program. The total value of two contracts, one to Viasat and one to Intelsat, is $437.7 million. The program ceiling is $4 billion.
Quantum Space, a startup building maneuverable spacecraft for the U.S. military, announced a $1.2 billion merger with a SPAC to go public. CEO Jim Bridenstine, a former NASA administrator, leads the company. The startup is involved in six government development programs, including a potential Moon mission.
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