AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Blue Canyon Technologies to Provide Spacecraft Bus for Groundbreaking MethaneSAT Program

January 7, 2020 GMT

BOULDER, Colo.--(BUSINESS WIRE)--Jan 7, 2020--

Small satellite manufacturer and mission services provider Blue Canyon Technologies (BCT) has been selected by MethaneSAT LLC (“MethaneSAT”), to develop and build the spacecraft bus for the groundbreaking mission.

MethaneSAT is a subsidiary of the non-profit Environmental Defense Fund (EDF). The donor-funded mission, which is scheduled to launch in 2022, will provide global, high-resolution detection and quantification of methane emissions from oil and gas facilities, as well as measure emissions from other human-generated methane sources.

This comprehensive data will be made available to the public, and provide companies, governments and other stakeholders with a new way to track, quantify and take actionable steps to reduce methane emissions.

“Reducing methane emissions is critical to slowing the pace of climate change, and we’re proud that our small-satellite technology will help MethaneSAT and the Environmental Defense Fund with this important mission,” says George Stafford, President and CEO of Blue Canyon Technologies. “Our technology will make it less expensive and quicker to launch, allowing them to collect more data sooner.”

The satellite will be designed using BCT’s newest X-SAT line of spacecraft, specifically the X-SAT Saturn-Class which can carry payloads up to 200 kg. As with other BCT X-SAT buses, the X-SAT Saturn-Class is a high-agility platform, enabling the onboard instrument to collect data and revisit sites frequently. The X-SAT Saturn-Class’s compact profile is designed to maximize the volume, mass and power available for the methane measuring instrument.

“MethaneSAT has a unique and demanding mission involving some of the most seasoned, innovative organizations and individuals from both the commercial and public aerospace sectors,” said Dr. Steven Hamburg, MethaneSAT project co-lead. “Blue Canyon Technologies is a best-in-class bus provider and we are confident in their ability to deliver a spacecraft that meets the demanding performance requirements of this mission.”

Human-generated methane emissions are responsible for more than 25 percent of global warming we currently experience. EDF calculates that reducing global oil and gas methane emissions 45 percent by 2025 would deliver the same near-term benefit to the climate as closing 1,300 coal-fired power plants.

Blue Canyon’s diverse spacecraft platform has the proven capability to enable a broad range of missions and technological advances for the New Space economy, further reducing the barriers of space entry. BCT is currently building more than 60 spacecraft for government, commercial and academic missions. The company has doubled in size over the past 12 months and plans to open its new 80,000-square-foot headquarters and production facility in 2020.

About BCT

Blue Canyon Technologies, Inc., (BCT) a Colorado-based private company founded in 2008 to bring innovative, reliable and affordable solutions to space missions, is an experienced integrator of aerospace systems and developer of advanced aerospace products and technologies. BCT is a vertically integrated spacecraft manufacturer supporting nearly 40 unique missions with over 70 spacecraft. The company currently has more than 60 satellites in production and is developing a new 80,000-square-foot facility for high rate production.

BCT has supported missions for the U.S. Air Force, NASA, the Defense Advanced Research Projects Agency (DARPA) and many others and provided the Attitude Control Systems for the first interplanetary CubeSats which successfully traveled to Mars. The company has been recognized with awards including Inc Magazine’s 5000 Fastest Growing Private Companies, 2017 Colorado Companies to Watch, and the 2019 Colorado Biz Made in Colorado Emerging Manufacturer Winner.

For the latest news on Blue Canyon Technologies and for other company information, please visit  www.bluecanyontech.com. You can follow the company on Instagram here or Twitter here.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200107005101/en/

Media: Hayle Bell, 720-458-0703

KEYWORD: UNITED STATES NORTH AMERICA COLORADO

INDUSTRY KEYWORD: TECHNOLOGY TRANSPORT SATELLITE AIR MANUFACTURING AEROSPACE ENGINEERING ENVIRONMENT

SOURCE: Blue Canyon Technologies, Inc.

Copyright Business Wire 2020.

PUB: 01/07/2020 08:00 AM/DISC: 01/07/2020 08:01 AM

http://www.businesswire.com/news/home/20200107005101/en