Thats a positive trend. AEgis provides 3D visualization and embedded training devices for unmanned systems and is based in Huntsville, AL. The UK has also launched a raft of capital market reforms aimed at helping to close the listings gap with New York. Amergint's strategy has paid off - the company has been profitable in both 2011 and 2012 and has nearly doubled its revenue in each year of operations, though company officials declined to reveal . We do this by using extraordinary people and flexible capital to help companies solve problems. (Reuters) - Blackstone Group Inc, the world's largest manager of alternative assets such as private equity and real estate, is seeking to raise $4 billion for a fund to invest in various asset. 4/30/2020 Lowden Street Capital acquired Southern Air Custom Interiors, Inc. RF Communications. From human spaceflight to satellite test solutions, AMERGINT is a trusted partner for commercial, civil, and government customers. Voyager Space Holdings acquired Pioneer Astronautics, the aerospace research and development firm established by Robert Zubrin, Mars Society founder and president. The business, which is part of Collins Aerospace, a Raytheon Technologies business unit, is a leading technology provider of precision electro-optical systems for National . Read about how we use cookies and how you can control them on our Privacy Policy. The Justice Departments antitrust division in March announced that it would green-light the merger of UTC and Massachusetts-based Raytheon Co. in the works since June 2019 provided the would-be partners divest from sensitive business segments that, if combined, could threaten competition. The terms of the transaction were not disclosed. Raytheon Technologies Corp.s board of directors is taking a pay cut. 2023 ARKA Group, LP | All Rights Reserved. As of April 30, 2020, the company received $3.1 million in its first tranche from 6 investors. Andreas Nonnenmacher, president of Danbury Mission Technologies will concurrently assume responsibilities as president of ATH. R7 Partners is a venture capital firm based in Chicago, IL. DSS supports the design, development, integration, testing, and operations of advanced space systems, components, and exploration spacecraft and is based in Littleton, CO. Adcole designs, develops, and manufactures spacecraft architecture and components and is based in Fulton, MD. Raytheon Technologies was required by the U.S. government to divest the Connecticut precision-optics business under terms permitting the merger of the former. A Division of NBCUniversal. Simpson Thatcher & Bartlett LLP and BofA Securities respectively served as AMERGINTs legal and financial advisers in the transaction. The business is headquartered in Danbury, Connecticut, and will be renamed Danbury Mission Technologies (Danbury). Menu Home; Rankings. With 2020 a little more than half over, eight U.S. space companies have been acquired and more deals are in the works. If you continue to use this site, you consent to our use of cookies. Copyright 2023 Surperformance. If you forget it, you'll be able to recover it using your email address. Winston & Strawn LLP served as legal advisor to AAR. Your e-mail address will be used to confirm your account. AMERGINT develops software-defined signal and protocol processing applications for military, intelligence, and commercial space and is based in Colorado Springs, CO. Simpson Thacher & Bartlett LLP is serving as legal advisor to AMERGINT. 4/17/2020 Boom Technology, Inc. announced that it will receive $22.8 million in funding. Though UTC was technically designated as the surviving entity, the combined companys headquarters have been moved from Farmington to Waltham, Massachusetts, Raytheon Co.s hometown. Now Blackstone is finally free of that burden. About usGovernment Contracting FAQGuest Contributions2022 Events, Your Direct Source for Government Contracting News. It was Voyagers second acquisition since it was founded in October 2019 by prominent space angel investor Dylan Taylor. Redwire then purchased Made In Space, an in-space manufacturing and assembly pioneer. Amergint specializes in software-defined communications technology for military, intelligence and commercial customers and it's on the rise. Architect Equity is a private equity firm based in El Segundo, CA. Blackstone has since doubled down on Sin City, closing in February 2020 on a $4.6 billion joint venture with MGM Growth Properties to acquire the MGM Grand and Mandalay Bay. 5/6/2020 AMERGINT Technologies, Inc. acquired Tethers Unlimited, Inc. A mix of sun and clouds by afternoon. From establishing dominance in contested space to extending space survivability, ARKAs beyond-the-globe thinking helps every mission reach a new beyond. Terms of the deal were not disclosed. Beyond Begins Here. If you go around buying small companies, you have to nurture them and make them play together, Fichtenbaum said. 4/20/2020 AMERGINT Technologies, Inc. agreed to acquire the precision optics business of Collins Aerospace. Zach cover all topics that fall under business. The Firm's most common investment types include buyout (lbo, mbo, mbi) (24%) and secondary buyout (23%). Global Results Communications (GRC) Get this delivered to your inbox, and more info about our products and services. Valerie Christopherson or Invalid password or account does not exist. These are not restaurants or hotels or airlines, Fichtenbaum said, citing some of the industries hit hardest by stay-at-home orders and social distancing rules aimed at limiting the spread of the coronavirus. Our view is that space over the next decade will be a significant growth market, said Kirk Konert, partner at AE Industrial Partners. The terms of the transaction were not disclosed. We seek those who thrive where innovation meets engineering. Amergint declined to comment on its plans. In December,. While that worked for Virgin Galactic, few other space companies possess the name recognition and glamour of the suborbital tourism firm established in 2004 by British billionaire and Virgin Group founder Richard Branson. Join our teams and take your career to the highest level. Similarly, Redwire parent AE Industrial Partners, is looking further into the future. Don't Threaten. We'd love to hear eyewitness Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, residential, office, hospitality and retail. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group acquired AMERGINT Technologies, Inc. on May 18, 2020. The unit, a division of Collins Aerospace, now belongs to Amergint Technologies, a Colorado firm that specializes in communications and data-processing systems for military and commercial satellites. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group completed the acquisition of AMERGINT Technologies, Inc. on May 18, 2020. AMERGINT Technologies Holdings has closed its acquisition of the space-based optics business of Raytheon Technologies (NYSE: RTX) and will operate the newly acquired business Danbury Mission Technologies. For as long as the United States has recognized the need to observe the Earth from space, this business has delivered technological breakthroughs to do so. Exits tend to occur when the economy is strong. Covering the business and politics of space. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth . AMERGINT's wave:IQ Wideband Digitizer is the industry's most flexible and configurable solution to support the expanding landscape of high-bandwidth signals, networks, and satellite links. Get an email notification whenever someone contributes to the discussion. Joining a leading provider of software-defined technology for military, intelligence and commercial applications, Danbury becomes a key part of a greater force that will create some of the most exciting and potentially game-changing opportunities ever seen for advancing U.S. capabilities, Nonnenmacher commented. Radiation Test Solutions is engaged in designing, analysis, and testing of semiconductor devices and materials for satellite, aircraft, and ground applications and is based in Colorado Springs, CO. 6/1/2020 Wing Aviation Charter Services LLC acquired the Private Aircraft Management & Charter Services from Western Airways, Inc. Mill Hill Capital is a private investment firm based in Naples, FL. Wing Aviation offers aviation services worldwide and is based in Houston, TX. Raytheon completes sale of Danbury business. Got a confidential news tip? Share with Us. There has never been a more important time for technological advances in national security space applications and, together, AMERGINT and Danbury will continue to solve our partners toughest challenges to advance and protect U.S. interests.. AMERGINT Technologies, Inc. is a provider of software-defined technology for military, intelligence, and commercial space. Britain is seeking to persuade Softbank-owned UK chip technology company Arm to have a listing in London. Britain's Financial Conduct Authority on Thursday said competition in some parts of the wholesale data market, which includes prices and volumes traded on stock exchanges, is not working as well as it should, and it was launching a market study. Its unclear whether the recent wave of acquisitions will lead to significant consolidation. Amerigint also acquired Tethers Unlimited, a company known for software-defined radios, in-space manufacturing and propulsion technology. For more updates about business in north-central Connecticut, follow Zach on Twitter: @ZachVasileJI. LSEG also raised its guidance on revenue synergies from 225 million pounds by 2025 to 350-400 million pounds. Danbury . TUI creates space technologies, including software-defined radios for satellite communications and mesh networks, robotic systems for in-space servicing and manufacturing and assembly, and propulsion solutions for orbital maneuvering and orbital debris mitigation. Built on a diversity of people, ideas and thoughts, we develop the technologies and projects that have a meaningful impact for a more certain, sustainable world of opportunity for everyone. The transaction values the Chicago-based. About of 10% of LSEG equity is available for sale by the consortium. We won't share it with anyone else. 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