mergers and acquisitions
AE Industrial Partners subsidiary American Pacific Corp. announced a multimillion-dollar investment in Frontier Aerospace, a space propulsion startup based in Simi Valley, California. The terms of the deal were not disclosed.
BlackSky announced Feb. 18 it has signed a deal to go public through a merger with Osprey Technology Acquisition Corp.
Money will continue flowing into the space industry from government agencies, private equity firms and public markets, according to panelists at the 2021 SmallSat Symposium.
Satellite communications provider Speedcast is scheduled to emerge from Chapter 11 bankruptcy by March 31 after winning approval to reorganize under a new owner, private Equity firm Centerbridge Partners.