Author: Brenda Marie Rivers|| Date Published: February 24, 2021
Redwire, an aerospace company backed by AE Industrial Partners, has bought satellite solar array developer Deployable Space Systems for an undisclosed sum.
Goleta, California-based DSS manufactures deployable hardware to support space missions of commercial and government customers such as NASA, which intends to use the company’s technology to update solar arrays on the International Space Station, Redwire said Tuesday.
Peter Cannito, chairman and CEO of Redwire, said the deal would add new technology and expand the company’s portfolio of space infrastructure offerings.
Fell, Marking, Abkin, Montgomery, Granet & Raney acted as DSS’ legal adviser on the transaction while PwC and Kirkland & Ellis served as Redwire’s financial and legal advisers, respectively.
The acquisition serves as the seventh for Redwire to date.
Dell’s John Garrett says autonomous systems are transforming military and national security operations AI enables machine-speed decision-making for autonomous defense…
Elsevier examines storytelling’s role in research impact reporting The academic publishing company outlines “Quest Story” and “Monster Story” narrative frameworks…
Aether Aerospace has appointed David Radcliffe as chief operating officer The veteran defense executive will oversee operational growth and integration…
