AE Industrial creates space technology platform with acquisition of Deep Space Systems

AE Industrial Partners, LP (AEI), a US private equity firm specialising in Aerospace, Defense and government Services, Power Generation, and Speciality Industrial markets, has announced the acquisition of Colorado-based Deep Space Systems (DSS), the company said.

The acquisition provides a one-stop shop for complex space exploration products and services.

Terms of the transaction were not disclosed.

AEI will combine Deep Space Systems with Adcole Space to form Redwire, a next generation space technology platform focussed on designing and developing mission critical systems and high reliability electronics in support of the next generation space architecture.

Redwire will combine the capabilities of both DSS and Adcole Space to form a unique and exciting participant in the rapidly growing space industry. The additional scale and complementary capabilities will provide significant value to both companies´ respective customer bases.

BRG served as the financial advisor and Akerman LLP served as the legal advisor to AEI. Holland and Hart LLP served as the legal advisor to DSS.

Deep Space Systems is in space systems engineering supporting the design, development, integration, testing, and operations of science, technology, and exploration spacecraft.
Formed by the combination of Adcole Space and Deep Space Systems, Redwire offers mission critical space solutions and high reliability components for next generation space architecture.