Redwire has acquired Deployable Space Systems, Inc. (DSS), a supplier of mission-enabling deployable solar arrays, structures and mechanisms for space applications. Terms of the transaction were not disclosed.
Commenting on the deal, Peter Cannito, Chairman and CEO of Redwire said: “DSS has an unmatched reputation for innovative deployable space technologies and infrastructure, and that is a perfect fit for Redwire’s technology portfolio. These new capabilities will expand our set of space infrastructure solutions and deliver even greater value to our customers.”
Brian Spence, DSS President and Co-founder added: “Redwire has the vision, resources, reputation and relationships to take DSS to the next level, and we’re excited to join the team at this critical stage of our company growth. As a part of Redwire, we will be able to better serve our customers and scale our capabilities to support demand, while maintaining our innovative culture and strong commitment to provide the highest value for our customers.”
Steve White, DSS Vice President and Co-founder commented: “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.”
DSS marks Redwire’s seventh acquisition. Redwire has amassed a portfolio of space infrastructure capabilities through the strategic acquisitions of Adcole Space, Deep Space Systems, Made In Space, Roccor, LoadPath and Oakman Aerospace.
Kirk Konert, Partner at AEI, said: “Redwire and AEI have been focused on identifying innovative companies that are critical to enabling sustainable space infrastructure, and DSS’s dominance in innovative deployable solar arrays and structures is a valuable addition to Redwire’s technology portfolio. We are pleased to see Redwire’s strategic growth as the industry leader for space infrastructure.”