•L3Harris Technologies completed the sale of a majority stake in its commercial space propulsion, power, and electronics businesses to AE Industrial Partners.
•The total enterprise value for the transaction was $845 million, with L3Harris maintaining approximately 40% ownership.
•RS-25 rocket engine operations were excluded from the sale, and proceeds are intended for investment in facilities and advanced technologies.
•Newbridge Acquisition Limited announced the execution of a business combination agreement with Startech Group Inc., a life sciences technology company.
•Startech focuses on developing functional water and AI-powered healthcare technologies to enhance human longevity.