“The proliferation of military and commercial satellites has resulted in increased demand for high performance antennas,” David Stinnett, a partner at Trive Capital, said in a statement published Tuesday.
Stinnett added that the acquisition of CMi will enable Vitesse to support ground-based systems and satellite programs in geostationary and low-Earth orbits and will complement the latter’s thermal management and waveguide manufacturing capability.
CMi will also bring to Vitesse its additive manufacturing, electroforming, testing and engineering capabilities.
Vitesse CEO Matthew Alty said Clency Lee-Yow, owner and CEO of CMi, and his team will join the portfolio company as a result of the transaction.
Launched in 2018, Newark, California-based Vitesse Systems supplies communication hardware and cooling systems for use in radar, data transmission and electronic warfare applications. The company supports aerospace and defense customers through its DFARS compliant and ITAR registered-manufacturing facilities in California, Maryland, Nevada, Colorado and Massachusetts.
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