Zanite Acquisition Corp. Completes Business Combination with EVE UAM, LLC (Eve Holding, Inc.)

Madison Dearborn Partners and CoVant Management Acquire AEVEX Aerospace

March 9, 2020

Aerospace & Defense

Madison Dearborn Partners and CoVant Management have agreed to acquire majority ownership of AEVEX Aerospace from Trive Capital. AEVEX is a provider of full‑spectrum airborne intelligence, surveillance, and reconnaissance (AISR) technology solutions to the U.S. Department of Defense, Special Operations, and the Intelligence Community; the company employs approximately 600 people and maintains offices across multiple U.S. states. The transaction is expected to close by the end of Q1 2020, and AEVEX's founder‑management team will retain a significant ownership stake.

Ivanhoe Capital Acquisition Corp. and PIPE Investors Complete Business Combination with SES Holdings (SES AI Corporation)

February 3, 2022

Energy

Ivanhoe Capital Acquisition Corp. completed its previously announced business combination with SES Holdings Pte. Ltd., creating SES AI Corporation (NYSE: SES) and enabling the company to begin trading on February 4, 2022. The closing included an upsized $275 million PIPE from strategic OEMs and financial investors to fund SES's development and commercialization of high-performance Li‑Metal rechargeable batteries for electric vehicles and other applications.

Textron eAviation Acquires Amazilia Aerospace

May 15, 2024

Aerospace & Defense

Textron's eAviation division has acquired substantially all the assets of Amazilia Aerospace, a Munich-based engineering firm that develops digital flight controls and vehicle management systems. The approximately 30-person Amazilia team will continue supporting Pipistrel programs including the Surveyor and Nuuva V300 as Textron expands its electric aviation and cargo UAV capabilities.

NextGen Acquisition Corp. II Completes Business Combination with Vieco USA (Virgin Orbit)

December 29, 2021

Aerospace & Defense

NextGen Acquisition Corp. II closed its business combination with Vieco USA, Inc., the parent of Virgin Orbit, and has changed its name to Virgin Orbit Holdings, Inc. The combined company’s common stock and warrants were expected to begin trading on NASDAQ under the symbols VORB and VORBW, following stockholder approval on December 28, 2021.

Newborn Acquisition Corp Completes Business Combination with Nuvve; Nuvve Begins Trading on Nasdaq

March 22, 2021

Renewable Energy

Nuvve Holding Corp. completed a business combination with Newborn Acquisition Corp., enabling Nuvve to begin trading on the Nasdaq under the ticker NVVE. The transaction provided Nuvve approximately $62 million in cash proceeds (including a related private placement) to accelerate development and commercial deployment of its vehicle-to-grid (V2G) technology and related services.

Djinn Technologies Acquires Volumetric Video Pioneer EF EVE Ltd.

February 23, 2024

Software

Djinn Technologies Ltd., part of Akuma Engineering Ltd., has acquired EF EVE Ltd., including its assets, patents and intellectual property, to integrate EF EVE’s volumetric and spatial capture software into Djinn’s SpatialScan3D product family. The deal brings EF EVE’s markerless camera sync and lossless spatial compression technology into Djinn’s offerings to expand consumer and enterprise SaaS and secure enterprise (military/academic) product lines.