Business · Companies · 9 hrs ago
Beyond Gravity to sell Alabama production site to ULA
Swiss space company Beyond Gravity agreed to sell its Alabama production operation to United Launch Alliance, or ULA.
The site in Decatur makes structures for launch vehicles.
More than 300 employees will be offered the chance to continue working for ULA at the location.
Beyond Gravity will keep its technical expertise and all intellectual property rights, while development expertise for launch vehicle structures will remain in Switzerland.
The sale is expected to close by the end of 2026, and its financial terms were not disclosed.
Beyond Gravity will keep its site in Titusville, Florida, and its Swedish subsidiary will continue supplying dispenser systems for the Amazon Leo satellite project.
Beyond Gravity has signed an agreement to sell its production operation for launch-vehicle structures in Alabama to United Launch Alliance (ULA).
The transaction is expected to close by the end of 2026.
More than 300 employees at the Decatur site will be offered the opportunity to continue working for ULA.
Beyond Gravity will retain its technical know-how and all intellectual property rights.
Financial details were not disclosed.
- Who
- Swiss space company Beyond Gravity and United Launch Alliance (ULA).
- What
- Beyond Gravity signed an agreement to sell its Alabama production operation for launch-vehicle structures to ULA.
- When
- The agreement was announced on Wednesday evening; the transaction is expected to close by the end of 2026.
- Where
- Decatur, Alabama, United States.
- Why
- Not stated
This story does not have two clearly opposing sides.
Beyond Gravity announced that it had signed an agreement to sell its Alabama production operation to ULA.
The transaction is expected to close.
- Buyer
- United Launch Alliance (ULA)
- Site
- Decatur, Alabama
- Employees
- More than 300
- Expected closing
- By the end of 2026
- Retained by Beyond Gravity
- Technical know-how and all intellectual property rights