York Space Systems Acquires Orbion Space Technology

AE Industrial Partners Acquires Majority Stake in York Space Systems

October 4, 2022

Aerospace & Defense

AE Industrial Partners has agreed to acquire a majority stake in York Space Systems, a Denver-based manufacturer of small satellites and turnkey mission operations, with funds managed by BlackRock Private Equity Partners investing alongside. The deal provides York with institutional capital to scale production capacity and accelerate growth across government and commercial satellite markets; CEO Dirk Wallinger and Chairman Charles Beames will remain in leadership and retain significant ownership.

Arcfield Acquires Orion Space Solutions

November 29, 2023

Aerospace & Defense

Arcfield has completed its acquisition of Orion Space Solutions, a Colorado-based developer of end-to-end space mission capabilities. The deal expands Arcfield's capabilities in SmallSat/CubeSat design and integration, sensors and payload development, space mission operations, and data analysis to support Department of Defense and Intelligence Community missions.

Lockheed Martin Completes Acquisition of Terran Orbital

October 30, 2024

Aerospace & Defense

Lockheed Martin completed its previously announced acquisition of Terran Orbital and its subsidiary Tyvak International. The deal reinforces Lockheed Martin’s advanced satellite manufacturing and responsive space capabilities by combining Terran Orbital’s modular spacecraft platforms and mission services with Lockheed Martin’s integration and payload expertise.

X-Bow Systems Acquires Evolution Space

March 12, 2026

Aerospace & Defense

X-Bow Systems announced it has entered into an agreement to acquire Evolution Space to expand its production capacity for solid rocket motors and enhance its hypersonic propulsion capabilities. The transaction is expected to close in March or April and will bring Evolution Space’s hypersonic technology portfolio and its advanced solid rocket motor manufacturing facility at Stennis Space Center in Mississippi into X-Bow’s operations.

Trident Solutions Acquires Ibeos to Expand Integrated On-Orbit Compute and Power Systems

March 9, 2026

Aerospace & Defense

Trident Solutions announced it has acquired Ibeos, a developer of space-qualified power systems, flight computers, processing and data storage units, and high-density batteries. The deal is intended to expand Trident’s space electronics portfolio by combining power/battery and avionics expertise with Trident’s on-orbit mission data processing and networking capabilities.

Astrion Acquires Axient

July 24, 2024

Aerospace & Defense

Astrion, a portfolio company of Brightstar Capital Partners, agreed to acquire Axient to expand its mission support, systems engineering, test & evaluation, and advanced engineering capabilities. The deal was announced July 24, 2024 and closed September 5, 2024; the acquisition is intended to broaden Astrion's defense and federal services offerings and scale the combined workforce and customer base.