Jacksonville-Based Redwire Acquires Deployable Space Systems
Jacksonville-based Redwire, which makes components for space systems and infrastructure, has acquired Deployable Space Systems, Inc. (DSS).
DSS is a supplier of deployable solar arrays, structures and mechanisms for space applications.
The terms of the deal were not disclosed.
"While DSS has contracts with the largest leaders in aerospace today, Redwire will provide us with the size and breadth of services needed to secure even more competitive projects in the industry," said DSS Vice President and Co-founder Steve White in a news release.
DSS marks Redwire's seventh acquisition. Redwire, which is headquartered on Philips Highway, has amassed a portfolio of space infrastructure companies that include Adcole Space, Deep Space Systems, Made In Space, Roccor, LoadPath and Oakman Aerospace.
"DSS has an unmatched reputation for innovative deployable space technologies and infrastructure, and that is a perfect fit for Redwire's technology portfolio," said Peter Cannito, Chairman and CEO of Redwire in the same news release.
Redwire says its satellite manufacturing programs can deliver on-orbit servicing, assembly and manufacturing capabilities, including robotic assembly of in-space construction of small satellites and other structures.
Redwire was formed in June 2020 by AE Industrial Partners, LP (AEI), a private equity firm specializing in aerospace, defense, space & government services, power generation and specialty industrial markets.