Redwire Buys Made In Space

Redwire, a provider of mission critical space solutions and components for the next generation space economy, acquired Made In Space, Inc. a Jacksonville, Fla.-based provider of on-orbit space manufacturing technologies.

The acquisition also includes Made In Space Europe, based in Luxembourg and a sister company to the U.S. organization, which provides space-capable robotic systems to the global space industry.

Terms of the transaction were not disclosed.

Founded in 2010 and led by Andrew Rush, President and CEO, MIS performs additive manufacturing in space and specializes in on-orbit manufacturing and assembly, zero gravity materials development, and human space exploration manufacturing solutions. Over the last 10 years, the company has teamed with NASA on several space manufacturing projects including the Archinaut program, an in-space robotic manufacturing and assembly capability that builds large scale space assets on-orbit. MIS also has additional offices in California, Alabama, and Ohio.

AE Industrial Partners, LP, a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets, launched Redwire in June 2020 through the combination of portfolio companies Adcole Space and Deep Space Systems. Both companies were acquired by AEI earlier this year.

Led by Peter Cannito, CEO, Redwire is a leader in mission critical space solutions and high reliability components for the next generation space economy.

MIS products and technologies will enhance Redwire’s existing technology portfolio which includes space sensors and payloads, flight hardware, and exploration spacecraft.

FinSMEs

25/06/2020

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