ATL is a private equity firm that has now partnered with Geost. The company supplies hardware systems to Ground-Based Electro-Optical Deep Space Surveillance system. The US Space force uses the Ground-Based Electro-Optical Deep Space Surveillance system to examines and track object deep in space.
The financial details and the agreement details are not yet disclosed. Geost vice president and general manager Josh Hartman said the investment will help the company further to develop its manufacturing and engineering capabilities. ATL has been in collaboration with many other aerospace, transportation and logistics companies.
As US Space Force is looking for more options to enhance the survivability and resiliency of the country’s security in space assets, such companies are gaining more traction. The company further has plans to speed up its development for manufacturing EO/IR payloads owing to increased demand from intelligence wings and defense community.In addition to this, the National Reconnaissance Office, U.S. Space Force, Missile Defense Agency and Space Development Agency are exploring plan to deploy multiple constellations in low Earth orbit.