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Oakman Aerospace signs MoU with NewSpace Systems


Denver, CO. USA; Cape Town, South Africa (May 31st, 2016) – Oakman Aerospace, Inc., USA, Signs Strategic Memorandum of Understanding (MoU) and is pursuing a Master Service Agreement (MSA) with NewSpace Systems Pty LTD, South Africa.

Oakman Aerospace, Inc. (OAI) and NewSpace Systems Pty LTD (NSS), global leaders in rapid and responsive space systems and services announces that they have signed a strategic Memorandum of Understanding (MoU) and are in the process of negotiating a Master Service Agreement (MSA) to cooperate in evaluating, designing, developing and producing modular, open-systems architecture (MOSA) systems, spacecraft, space components, and mission/payloads for government, commercial, and academic applications and their related technologies, products, services, and mission solutions primarily in the United States, and across the globe.

OAI and NSS signed the MoU on May 30th, 2016. OAI and NSS are actively pursuing a Technical Assistance Agreement (TAA) through the United States Department of State Directorate of Defense Trade Controls (DDTC) to support the MoU and future MSA/Task Orders.

Stanley Kennedy, President and Chief Systems Engineer for OAI, commented on the MoU with the following: “Oakman Aerospace is very excited for this opportunity to work with NewSpace Systems in developing and advancing Modular, open-systems architecture and leveraging the competitive advantage this agreement brings to the United States and world markets. OAI and NSS look forward to providing the best possible engineering products and services for their academic, government, and industry partners.”

James Barrington-Brown, CEO of NewSpace Systems, stated “With NewSpace’s market leading product solutions for the SmallSat market, widely recognized through a multitude of International sales, it is a logical next step to focus more directly on the most significant SmallSat community, which is in the USA. Given their similarities in size, experience and strategic outlook, OAI makes the perfect partner for our next stage of company investment and growth”

For more information:
NewSpace Systems Pty Ltd
James Barrington Brown, CEO
+27 21 300 0160
Email: jbb@newspacesystems.com
Website: www.newspacesystems.com
Oakman Aerospace, Inc.
Stanley Kennedy, President/CSE
+1 303-904-6060
Email: Stanley.Kennedy@oak-aero.com
Website: www.oak-aero.com

Background:

Oakman Aerospace, Inc. (OAI) is a veteran, woman-owned small business focused on total end-to-end space systems engineering providing: rapid and responsive space system architectures, modular spacecraft/satellite design & development, mission/payload and data distribution services, and, specialized RF phenomenology, products and services.
NewSpace Systems is a privately owned small business with facilities in both South Africa and the United Kingdom. It focusses on lean engineering solutions to produce high performance yet economical products aimed at high reliability SmallSat missions and constellations. All products are manufactured to European Space Agency standards, utilizing space approved materials, and radiation tolerant COTS components to achieve >5year LEO lifetimes.