Crescent Space to Deliver Critical Services to a Growing Lunar Economy

Crescent Space to Deliver Critical Services to a Growing Lunar EconomyCrescent's Lunar Network Provides Customers with Game-Changing Communications and Navigation CapabilitiesDENVER, March 28, 2023 /PRNewswire/ -- Today, Crescent Space Services LLC announced its entry into the lunar infrastructure sector. Crescent Space is a new commercial company launched by Lockheed Martin (NYSE: LMT) that provides infrastructure-as-a-service for lunar missions. In addition to communications, Parsec will also provide critical position, timing and navigation services for lunar missions. A Team of TrailblazersCrescent is led by CEO Joe Landon, who previously served as vice president of Advanced Programs Development for Lockheed Martin Space. Before his time at Lockheed Martin, Landon was an early entrepreneur and investor in the commercial space sector.