Redwire Acquires Edge Autonomy in $925 Million Deal

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 Completes Acquisition of QinetiQ Space NV and Secures $80M Financing from Bain Capital and AE Industrial Partners

November 1, 2022

Aerospace & Defense

Redwire Corporation completed its previously announced acquisition of Belgium-based QinetiQ Space NV (Space NV) for €32 million. The deal was supported by an $80 million investment in equity-linked securities from Bain Capital and AE Industrial Partners to finance the acquisition and back Redwire’s growth initiatives.

Autonomy Acquires EV Mobility's Technology, Assets and Customer Accounts

September 8, 2023

Transportation

Autonomy, an electric vehicle subscription company based in Santa Monica, has agreed to acquire the technology, assets and customer accounts of EV Mobility, an all-electric car-sharing platform that provides EVs as an amenity to hotels and multi-family properties. The deal (cash and stock, terms undisclosed) is intended to accelerate Autonomy's entry into car-sharing, expand its product offering, and scale usage through EV Mobility's existing hospitality and property partnerships; the transaction is expected to close in Q4 2023.

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.

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.