Swedish Space Corp. (SSC) is purchasing 100 percent of its longtime joint-venture partner in satellite operations, Universal Space Network of the United States. SSC expects the all-cash transaction to provide a more coherent service offer to customers and open fresh markets to SSC's other divisions, SSC General Manager Mikael Stern said Jan. 21. In an interview, Stern declined to disclose the terms of the purchase. He said SSC's space-operations division reported about 350 million Swedish krona ($43.2 million) in revenue in 2008. In a separate Jan. 21 interview, Tom Pirrone, vice president for customer development at Universal Space Network (USN) said the company's 2008 revenue was about $15 million, with 2009 revenue expected to approach $20 million.
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