mergers and acquisitions
Raytheon to acquire space electronics supplier SEAKR Engineering
Raytheon Technologies announced Sept. 14 it intends to acquire SEAKR Engineering, a privately owned supplier of space electronics based in Centennial, Colorado.
Satellite operators see acquisition opportunities
Companies that operate both geostationary satellites and low Earth orbit constellations say they see opportunities to acquire complementary firms but cautioned that a long-projected consolidation of the industry isn’t likely in the near future.
Bipartisan group of lawmakers presses DoD to back Lockheed-Aerojet merger
A group of 13 members of Congress in a letter argue that DoD should support Lockheed Martin’s proposed $4.4 billion acquisition of rocket engine manufacturer Aerojet Rocketdyne.
Space surveillance sensor supplier Geost acquired by private equity firm
Geost, a company that supplies space surveillance sensors to the U.S. military and intelligence agencies, has been acquired by ATL Partners, a private equity firm.
Federal Trade Commission chair appears skeptical of proposed Lockheed-Aerojet merger
Lockheed Martin’s proposed $4.4 billion acquisition of rocket engine manufacturer Aerojet Rocketdyne is under a cloud of uncertainty after Federal Trade Commission Chair Lina Khan expressed concerns about vertical mergers.
AE Industrial Partners’ American Pacific Corp. invests in Frontier Aerospace
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.
Satellite imagery and data firm BlackSky to go public in latest SPAC deal
BlackSky announced Feb. 18 it has signed a deal to go public through a merger with Osprey Technology Acquisition Corp.
Investors see multiple avenues for space sector exits
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.
General Atomics acquires Tiger Innovations
General Atomics announced the acquisition Feb. 1 of Tiger Innovations, a Herndon, Virginia small business focused primarily on satellite systems and related hardware and software.
Speedcast to reorganize under Centerbridge Partners
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.
Redwire acquires Oakman Aerospace
Redwire has acquired Oakman Aerospace, a Littleton, Colorado firm known for digital engineering and spacecraft development. Terms of the transaction were not disclosed.
