Boulder’s Blue Canyon acquires antenna firm 

BOULDER — Blue Canyon Technologies Inc., a Boulder-based small satellite manufacturer and space mission service provider, has bought radio frequency antenna maker Antenna Development Corp.

The acquisition helps the growing firm become more vertically integrated by incorporating antenna design and fabrication into its existing in-house satellite manufacturing process. Historically, BCT has contracted with Antenna Development Corp. for antennas.  

“We are excited about the great synergy in a niche market between two leading small sat industry partners,” BCT chief operating officer Matt Beckner said in a prepared statement.

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Terms of the deal were not disclosed. 

Antenna Development Corp. is headquartered in New Mexico and existing orders will be completed at that site. Over the next six months, operations will be transitioned to Colorado. 

BCT’s growth has been rocket-propelled in recent years. The company has grown from four employees to 170 in the past decade and expects to add 50 more employees in 2019.

To accommodate the growth, BCT is moving its Boulder headquarters to a new 80,132-square-foot flex space in Lafayette.

The company currently operates from a three-office campus in Boulder. One of BCT’s existing Boulder buildings — the manufacturing and testing facility — will remain in use, and employees from the other two will work out of the new Lafayette space.