Commercial Spaceflight And The Dawning Age of NewSpace

U.S. Space sues Orbital ATK over ViviSat venture | SpaceNews.com

WASHINGTON — Orbital ATK is facing a lawsuit from its former partner in the ViviSat satellite servicing venture, claiming Orbital improperly shut down the joint venture to pursue the servicing business on its own.

In a suit filed April 29 with the Supreme Court of the State of New York, U.S. Space LLC alleges that Orbital ATK violated the terms of a management agreement regarding operations of ViviSat to take control of the company and dissolve it in April, a maneuver U.S. Space called in court filings “a double-cross of cosmic proportions.” The lawsuit was first reported by the legal publication Law360.

U.S. Space and ATK Space Systems created ViviSat in 2010 to develop and commercialize a satellite servicing system later known as the Mission Extension Vehicle (MEV). Under the original teaming agreement, ATK was primarily responsible for technical development of the MEV, while U.S. Space was responsible for financing and business development.

Sourced through Scoop.it from: spacenews.com

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