Financial Wire

RTX's Blue Canyon Technologies Increases Reaction Wheel Production Capacity

-- RTX (RTX) said Tuesday its small satellite manufacturer Blue Canyon Technologies is increasing reaction wheel production capacity amid growing demand for spacecraft subsystems and components.

Blue Canyon Technologies has allocated more than $1 million to expand production capability to 2,400 reaction wheels per year from 650 wheels.

Reaction wheels use motor-driven torque to control spacecraft movements while on orbit without propulsion, according to RTX.

Price: $203.53, Change: $+2.12, Percent Change: +1.05%

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