Redwire Corporation Acquires Edge Autonomy

Redwire Acquires Oakman Aerospace

January 19, 2021

Aerospace & Defense

Redwire, a PE-backed space infrastructure company formed by AE Industrial Partners, has acquired Oakman Aerospace, a Littleton, Colorado-based provider of digital engineering, spacecraft and satellite design, and mission payload services. The acquisition expands Redwire’s digital engineering and modular open-systems capabilities to support a broader range of space missions; terms were not disclosed.

Joby Aviation Acquires Xwing's Autonomy Division

June 4, 2024

Aerospace & Defense

Joby Aviation acquired the autonomy division of Xwing, Inc., purchasing Xwing’s automation and autonomy technology with Joby shares. The deal brings Xwing’s perception, sensor-fusion, and flight-decisioning expertise into Joby to accelerate Joby’s automation roadmap and support existing and future Department of Defense contracts.

Redwire Acquires QinetiQ Space NV; Bain Capital and AE Industrial Partners Provide $80M Financing

November 1, 2022

Aerospace & Defense

Redwire Corporation completed the acquisition of Belgium-based QinetiQ Space NV, expanding its small-satellite, payload and space-instrument capabilities and increasing its exposure to European customers. Concurrently, Bain Capital and AE Industrial Partners invested $80 million in Redwire through equity-linked securities to finance the acquisition and support Redwire's growth initiatives.

Redwire Corporation Acquires Hera Systems, Inc.

August 14, 2024

Aerospace & Defense

Redwire Corporation has signed a definitive agreement to acquire Hera Systems, a San Jose–based spacecraft developer focused on national security space missions. The acquisition is intended to expand Redwire's spacecraft portfolio and capabilities in GEO and other orbits to support national security customers; Hera reported $15 million in revenue for the year ended December 31, 2023.

Red Cat Holdings Acquires FlightWave Aerospace Systems

September 5, 2024

Aerospace & Defense

Red Cat Holdings (Nasdaq: RCAT) has closed the acquisition of FlightWave Aerospace Systems, bringing FlightWave’s Edge 130 Blue military-grade VTOL tricopter and related sensors/software into Red Cat’s product portfolio. The deal expands Red Cat’s family of unmanned systems and adds a new defense-focused revenue stream while enabling ramped manufacturing of the Edge 130.

Edge Autonomy Acquires Adaptive Energy

August 8, 2022

Manufacturing

Edge Autonomy, a PE-backed unmanned systems platform, has acquired Adaptive Energy, a designer and manufacturer of microtubular solid oxide fuel cells (SOFC) used for backup, off-grid and UAV power. The add-on acquisition — backed by Edge Autonomy sponsor AE Industrial Partners — brings Adaptive Energy's patented SOFC technology and installed base (~2,000 systems) into Edge Autonomy's unmanned platform ecosystem to extend mission duration and performance.