Author: Jane Edwards|| Date Published: December 2, 2022
Tysons, Virginia-based management consultancy LMI has purchased Synaptech for an undisclosed sum as part of efforts to expand into the space market and combine capabilities to advance innovation in mission support of Department of Defense customers.
Synaptech CEO Zac Gorrell and Chief Technology Officer Elias Peroulas co-founded the Colorado-headquartered company and will oversee LMI’s space business as a result of the acquisition, the nonprofit consulting firm said Thursday.
The acquired company offers the proprietary Rapid Analysis and Prototyping Toolkit for Resiliency software or RAPTR, for analysis, visualization, modeling and simulation in the space warfighting domain.
“LMI is thrilled to be entering the fast-paced, growing space market by acquiring Synaptech, which protects our nation’s national security assets and provides senior leaders with physics-backed decisional options,” said Doug Wagoner, president and CEO of LMI and a three-time Wash100 awardee.
KippsDeSanto & Co. acted as Synaptech’s exclusive financial adviser in the transaction.
The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…
BAE Systems has received a $117.7 million contract modification from the U.S. Navy to support depot-level modernization, maintenance and repair of USS…
Advanced wireless infrastructure is becoming as strategically important as artificial intelligence in modern defense operations 5G standalone enables network slicing,…
