FINWIRES · TerminalLIVE
FINWIRES

RTX's Blue Canyon Technologies Increases Reaction Wheel Production Capacity

-- RTX (RTX) said Tuesday its small satellite manufacturer Blue Canyon Technologies is increasing reaction wheel production capacity amid growing demand for spacecraft subsystems and components.

Blue Canyon Technologies has allocated more than $1 million to expand production capability to 2,400 reaction wheels per year from 650 wheels.

Reaction wheels use motor-driven torque to control spacecraft movements while on orbit without propulsion, according to RTX.

Price: $203.53, Change: $+2.12, Percent Change: +1.05%

Related Articles

Asia

Barton Gold Says Drilling at South Australian Gold Project Confirm High-Grade Mineralization

Barton Gold Holdings (ASX:BGD) said drilling at its Challenger gold project in South Australia confirm high-grade mineralization in the pit floor at the Challenger West pit, according to a Wednesday Australian bourse filing.The company encountered intercepts of 7 meters at 2 grams-per-tonne (g/t) grade of gold from surface, as well as 3 meters at 20.6 g/t grade of gold from 13 meters.The drilling validates previously modeled mineralization, with in-pit materials grading between 5 g/t to 20 g/t grade of gold at shallow depths below the pit floor, and peak assays grading up to 60 g/t grade of gold.The company's shares fell nearly 1% in recent trading on Wednesday.

$ASX:BGD
Asia

Stellar Resources' Test Work on Tasmania Project Ore Shows Potential Tin Recovery Over 70%

Stellar Resources (ASX:SRZ) reported improvement in metallurgical performance on ore-sorted Queen Hill material at its Heemskirk project in Tasmania, showing a pathway to tin recovery exceeding 70%, according to a Wednesday filing with the Australian bourse.Test work supports production of a final saleable tin concentrate grading in the range of 42% to 49%, consistent with standard smelter requirements for processing, the filing said.Additionally, test work on the Severn tin deposit demonstrated "strong" metallurgical performance, showing a pathway to tin recovery of about 75% and producing concentrates grading 45% to 50%, per the filing.

$ASX:SRZ
Asia

GBM Resources Says Drilling at Queensland Deposit Hits High-Grade Gold Intercepts; Shares Down 3%

GBM Resources (ASX:GBM) said the first three drill holes of the stage two drilling program at the Lone Sister deposit, within the Twin Hills gold project in Queensland, hit high-grade gold intercepts outside of the existing mineral resource estimate, according to a Wednesday Australian bourse filing.The company encountered intercepts of 22 meters at 3.7 grams per tonnes (g/t) grade of gold from 149 meters and 115 meters at 1.7 g/t grade of gold from 73 meters.Three drill rigs now operating across the Lone Sister and 309 deposits.GBM Resources' shares were 3% lower in recent Wednesday trade.

$ASX:GBM