Heven Acquires Zepher Flight Labs

Voyager Space Acquires ZIN Technologies, Inc.

March 13, 2023

Aerospace & Defense

Voyager Space announced the acquisition of ZIN Technologies, Inc., a Northeast Ohio-based aerospace engineering, design and integration firm with decades of experience supporting NASA, national security agencies, and commercial aerospace customers. The purchase expands Voyager's engineering, manufacturing and human-rated spaceflight capabilities to support its Starlab efforts and broader space infrastructure portfolio.

ZeroAvia Acquires HyPoint

October 6, 2022

Aerospace & Defense

ZeroAvia has acquired HyPoint, a developer of high-temperature hydrogen fuel cell stacks, integrating HyPoint’s ~40 engineering staff and IP into ZeroAvia’s hydrogen powertrain business. The deal brings HyPoint’s HTPEM fuel cell technology into ZeroAvia’s R&D and production footprint to accelerate development of hydrogen-electric powertrains for fixed-wing and rotorcraft applications.

AeroVironment Acquires Planck Aerosystems

August 17, 2022

Aerospace & Defense

AeroVironment, Inc. has acquired Planck Aerosystems, a San Diego-based developer of advanced unmanned aircraft navigation and autonomy solutions. The acquisition will accelerate AeroVironment's autonomy capabilities by integrating Planck's embedded Autonomous Control Engine (ACE) and other technologies into its medium unmanned aircraft systems (MUAS) business, expanding capability for operations from moving platforms and in GPS-denied environments.

Vectrus Acquires Zenetex

December 28, 2020

Aerospace & Defense

Vectrus, Inc. agreed to acquire Zenetex for approximately $112 million (net of $11 million of expected tax benefits) to accelerate its converged infrastructure strategy and broaden capabilities in engineering, logistics, MRO, and security for defense and intelligence clients. The acquisition expands Vectrus' access to Intelligence Community and foreign military customers; Zenetex is headquartered in Herndon, Virginia and had roughly $200M in revenue with a backlog of over $700M.

Zeo Energy Corp Acquires Heliogen, Inc.

August 12, 2025

Renewable Energy

Zeo Energy Corp (Nasdaq: ZEO) completed its acquisition of Heliogen, Inc., combining Zeo’s residential solar and storage footprint with Heliogen’s concentrated solar and long-duration energy storage technology to create an integrated clean energy platform across residential, commercial, and utility markets. The merger closed on August 8, 2025; Pickering Energy Partners served as financial advisor to Heliogen during the strategic process.

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.