XTEK and Skykraft to develop spacecraft components and systems

Canberra and Adelaide defence equipment supplier XTEK (ASX: XTEK) has entered into an agreement with Skykraft Pty Ltd to jointly engineer and manufacture components and small spacecraft and space launcher systems. XTEK, manufactures Unmanned Aerial Systems (UAS), tactical weapons such as sniper rifles, protection equipment, and explosive ordinance disposal (EOD) robots, while Skykraft is a…