All rights reserved. Shares in LSEG, which released preliminary 2022 results in-line with forecasts, traded 1.3% lower. Discover the best publication that space professionals throughout the world turn to first. Terabytes of satellite data reliably delivered to data centers around the world. . According to Amergint officials, the subsidiary has been renamed Danbury Mission Technologies, and is headed by Andreas Nonnenmacher, a former vice president at Raytheon Technologies who will concurrently serve as president of Amergint. 2023 ARKA Group, LP | All Rights Reserved. Perspecta provides enterprise information technology (IT) services to government customers and is based in Chantilly, VA. 5/4/2020 New Wave Design and Verification, LLC acquired FlightWire Technology, Inc. The business is headquartered in Danbury, Connecticut, and will be renamed. Andreas Nonnenmacher, formerly a vice president at Raytheon Technologies, will serve as president of Danbury Mission Technologies and AMERGINT. Space investors say they are looking well beyond the current public health and economic crisis. That business can then become a viable acquisition for a larger company.. From establishing dominance in contested space to extending space survivability, ARKAs beyond-the-globe thinking helps every mission reach a new beyond. Data Acquisition, Processing, Analytics, and Display. Sign Up Now! Collins designs, manufactures, and services systems and components and is based in Charlotte, NC. The transaction values the Chicago-based. On Friday, the company sold its stake in SeaWorld to Zhonghong Group, a Chinese investment firm, for about $449 million. However, the COVID-19 pandemic and recession are doing little to dampen enthusiasm among leaders of the companies shopping in the space sector. There goes your. AEI combined DSS with their recently acquired portfolio company, Adcole Maryland Aerospace, LLC, to form Redwire, a space platform focused on designing and developing mission critical space solutions and high reliability components in support of the next generation space architecture. Formed by the combination of Adcole Space and Deep Space Systems, Redwire provides mission critical space solutions and high reliability components for the next generation space architecture. Error! 6/1/2020 AE Industrial Partners, LP (AEI) acquired Deep Space Systems (DSS). Still, investors muse privately about creating the type of company that could cash in on public interest in space. We work together on small project teams and in close cooperation with our customers to apply our products to their requirements. Rather than seeing hard venture cash going into big idea companies, were now seeing a different type of financial transaction that helps early-stage investors and gives these companies that have been around for some time the leg up to continue to grow., In some cases, private equity firms may combine subsystem suppliers to form an integrated solution that becomes a more compelling business, Espahbodi said. We are proud to bring together their preeminent electro-optical capabilities with AMERGINTs next generation solutions for capturing, processing, transporting and exploiting mission critical data.. ARKA stands for more than creating better technology. Polyakov has a multi-decade plan for EOS that brings together launch vehicles, satellites, sensors, ground segments and data analytics. This is the name that will be displayed next to your photo for comments, blog posts, and more. racist or sexually-oriented language. 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. For most exits which are driven by strategic acquisitions or traditional private equity, the near-term returns are important, Taylor said by email. Raytheon completes sale of Danbury business. All Apps can be delivered for cloud-processing environments or hosted on dedicated servers. In other cases, small space firms could be merged into vertically integrated businesses meant to stand on their own. AMERGINT is headquartered in Colorado Springs, Colorado. FlightWire manufactures test equipment, test fixtures, and adapter boards for the aerospace and defense industry and is based in Colorado Springs, CO. New Wave designs, builds, tests, and delivers customized and off-the-shelf electronic systems for networking applications in aerospace, finance, telecommunications, and big data markets and is based in Minneapolis, MN. Holland & Hart LLP served as legal advisor to DSS. Lora Wilson 4/15/2020 The AEgis Technologies Group, Inc. acquired EMRC Heli. person will not be tolerated. The company has a staff of 150 employees at our primary location in Colorado Springs with offices in Broomfield, Colorado, and Denver, Colorado. UTC rebrands as Raytheon Technologies Corp. UTC board approves separations of Carrier, Otis, UTC, Raytheon offer concessions to ease EU concerns: report, Raytheon to cut 15,000 jobs as air travel falters, Pratt, Collins Aerospace, other units to see cuts over the next few weeks as Raytheon cuts jobs, Analyst: Pratt HQ may stay, but Raytheon could move manufacturing, Raytheon sees deep drop in profits, plans more cost-cutting, CT still borrowing to pay off debt, but some are pushing back, Summing up No. The terms of the transaction were not disclosed. AMERGINT develops software-defined signal and protocol processing applications for military, intelligence, and commercial space and is based in Colorado Springs, CO. 5/7/2020 The Auxiliary Group, LLC, dba TAG Aero, and Unique Airmotive Services announced that they recently completed a dual acquisition and merge facilitated by Mill Hill Capital. Debra Werner is a correspondent for SpaceNews based in San Francisco. Already in 2020, private equity firm AE Industrial Partners acquired Adcole Maryland Aerospace and Deep Space Systems, engineering services and satellite component specialists it combined to form Redwire. Since 2008, AMERGINT has delivered more than 2,500 applications, services/microservices, and cloud-based solutions that support mission-critical communication networks. Larry Hill, CEO of AMERGINT Technology Holdings, said: We are thrilled to work with Andreas Nonnenmacher and the team at Danbury. We want to hear from you. Thats the approach favored by Max Polyakov, founder and CEO of Earth Observing System (EOS) and Noosphere Venture Partners managing partner. 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. Your e-mail address will be used to confirm your account. Armorstruxx provides ballistic and blast protection solutions and is based in Lodi, CA. 4/30/2020 Lowden Street Capital acquired Southern Air Custom Interiors, Inc. Raytheon Technologies was required by the U.S. government to divest the Connecticut precision-optics business under terms permitting the merger of the former. Kirkland & Ellis LLP served as legal advisor to Redwire. Our customers rely on the configurability of our products. Be Nice. Akerman LLP served as legal advisor to AEI. 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. Boundary Equipment designs, manufactures, repairs, and supplies wear parts for mining, forestry, cement, agriculture, construction, marine, and power utility industries and is based in Edmonton, Canada. It's been a busy week for private equity, with Cloudera, Stack Overflow and FireEye coming off the board on Tuesday and Wednesday. Its a very expensive, long-term game, Polyakov said. 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. 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. We have some ideas for how to play the IPO game, said an investor who asked not to be identified. "In addition to our existing share buyback, we are today announcing plans to seek shareholder approval for a buyback directed towards the Blackstone/Thomson Reuters consortium's stake, which will benefit all shareholders," LSEG Chief Executive David Schwimmer said in a statement. Breaking news alerts - delivered to your inbox - the minute we put it online. Southern Air is an upholstery company that focuses on customizing aircraft interiors and is based in Haleyville, AL. 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 said in a statement. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group acquired AMERGINT Technologies, Inc. on May 18, 2020. 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 . Terms of the transaction were not disclosed. The pace of space industry exits is picking up in the United States where private equity firms and holding companies are scooping up startups and enterprises established decades ago. The UK has also launched a raft of capital market reforms aimed at helping to close the listings gap with New York. AMERGINT Technologies on Monday said it has agreed to acquire the space-based optics business of Raytheon Technologies [RTX], adding a new line of capabilities for the company.. We believe in building a better world. Andreas Nonnenmacher, president of Danbury Mission Technologies will concurrently assume responsibilities as president of ATH. Acquired Organization: Fairbanks Morse Defense Fairbanks Morse Defense worldwide leader in engine technology & manufacturing, provides diesel engines and generator sets for marine power. 2023 AMERGINT Technologies, Inc. All Rights Reserved.Privacy | Terms & Conditions for Suppliers |Quality Clauses for SuppliersEIN# 26-3783816. Thomson Reuters, the parent company of Reuters News, owned about $5.6 billion worth of LSEG shares as of Jan 31. The acquired assets comprise electronic warfare technologies. Bradford Space has a couple of things in our sights that wed like to execute soon, Fichtenbaum said. 2023 CNBC LLC. amergint@globalresultspr.com, Internet Explorer presents a security risk. 6/1/2020 Radiation Test Solutions, Inc. agreed to acquire Cobham RAD Inc. Don't knowingly lie about anyone Data is a real-time snapshot *Data is delayed at least 15 minutes. Credit Suisse Trims Blackstone's Price Target to $69 From $69.50, Keeps Underperform Ra.. Goldman Sachs Adjusts Price Target on Blackstone to $100 From $86, Maintains Buy Rating. Amergint Technologies Holdings, Inc. announced on April 20 that it has reached a definitive agreement to acquire Raytheon Technologies Corporation's space-based precision optics business, headquartered in Danbury, CT. Get in touch to learn how ARKA is engineering beyond the ordinary, and collaborates with partners beyond barriers for performance beyond question. Curtiss-Wright, together with its subsidiaries, designs, manufactures, and overhauls precision components, and engineered products and services primarily to the aerospace, defense, general industrial, and power generation markets worldwide and is based in Davidson, NC. Morgan Stanley Adjusts Price Target on Blackstone to $115 From $110, Maintains Overweig.. For years, venture capitalists saw IPOs as a promising exit strategy. Please Paste Your Resume Text Here (we do not open attachments). Amerigint. 6/26/2020 B3Bar Holdings LLC acquired DataWing Global. The Firm's most common investment types include buyout (lbo, mbo, mbi) (24%) and secondary buyout (23%). His coverage can include openings and closings of local businesses, trends in unemployment, details of developments from major companies and utilities, and investigating the impact of state politics and regulations on the private sector. London Stock Exchange Group posts steady 2022 earnings, eyes buyback on Blackstone/TR s.. Blackstone blocked investor withdrawals from $71 billion REIT in February. "We generate a lot of cash," he told reporters. The Refinitiv deal transformed the exchange, with data and analytics accounting for 4.944 billion pounds of its total income of 7.743 billion pounds in 2022, eclipsing the sums earned by its traditional activities, including share trading, which go back more than 300 years. Leading Technology Composites designs and manufactures composite parts and assemblies and is based in Wichita, KS. 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. 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. Satellite TT&C modems for cubesat, smallsat, and geostationary satellites. The new. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group acquired AMERGINT Technologies, Inc. | MarketScreener Log in Sign up Markets News Analysis Our Shows Stock Picks Portfolios Watchlists Rankings Screeners Tools Our Services Beyond Begins Here. The most important daily headlines from News, Sports, Business, Living, and Opinion. The premier source of breaking business news for the government contracting industry, GovCon Wire provides informative, to-the-point stories of the most significant contract awards, top-level executive moves, M&A activities and financial results of the sectors most notable players. Winds NW at 10 to 20 mph. We'd love to hear eyewitness Copyright 2023 Surperformance. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. Built on a common framework, AMERGINTs product families are software applications tailored to a customers specific performance and operating requirements. LSEG said 300 million pounds of a separate, broader 750 million pound share buyback was carried out in 2022, with the remainder to be completed by July 2023. Blackstone Inc. is an American alternative investment management company based in New York City.Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. ENIAC is a venture capital firm based in San Francisco, CA. The business is headquartered in Danbury, Connecticut, and will be renamed Danbury Mission Technologies (Danbury). All rights reserved. Voyager, for example, anticipates making roughly four deals per year, said Taylor, CEO and chairman of the holding company he established to make long-term investments in space companies. Amergint Technologies Holdings, part of Blackstone Tactical Opportunities, bought Raytheon Technologies' space-based precision optics business, part of its Collins Aerospace unit. Raytheon Technologies has completed the sale of its Danbury-based electro-optics business, a condition of the historic, $120 billion merger that consolidated the former United Technologies Corp. and Raytheon Co. five months ago. Exits are now on the rise thanks to the spate of acquisitions and Virgin Galactics headline-grabbing IPO and reverse merger. The transaction is subject to customary closing conditions, including the receipt of the required U.S. regulatory approvals. London Stock Exchange Group disclosed plans to buy back more of its shares on Thursday, as it lifted its income growth outlook. The U.S. Department of Justice is requesting access to 11 years worth of records as part of a criminal investigation of Raytheon Technologies Corp. Keep it Clean. 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. Modems with superior link performance for satellite contacts, Guaranteed delivery of real time data at speeds up to 20 Gbps, Virtual ground stations on private and public computing clouds, Protocol processing and formatting in support of satellite operations, Data encryption using commercial and Type 1 COMSEC, Interoperability with commercial providers and dedicated Government networks, High channel count systems in support of satellite test and launch operations, Visibility into system performance and metrics, The AMERGINT products have performed flawlessly., They have consistently gone above and beyond to make my program a success., The many software tools that come with the product provide exceptional value.. Amergint Technologies Holdings, part of Blackstone Tactical Opportunities, bought Raytheon Technologies space-based precision optics business, part of its Collins Aerospace unit. Similarly, Redwire parent AE Industrial Partners, is looking further into the future. As a wave of acquisitions washes over the space industry, NewSpace investors are finally finding the exits just not where they expected them to be. Submitting this form below will send a message to your email with a link to change your password. "We continue to be very excited about the prospects for this market, it continues the most international capital market and there is a real opportunity to continue to improve it," Schwimmer said. Voyager, due to the fact that we are a purpose-built operating company and not an investment fund, is different as we have a longer time horizon for investment. Cryoport Announced Date Dec 13, 2019 We seek those who thrive where innovation meets engineering. Blackstone expands further into rental housing in the United States. Wing Aviation offers aviation services worldwide and is based in Houston, TX. Danbury was previously a division of Raytheon Technologies Collins Aerospace unit. AMERGINT is a leading provider of software-defined technology for military, intelligence and commercial space. DataWing provides aerial data and aviation operational management services and is based in San Antonio, TX. Enterprise provides systems engineering, information technology, and program management office services and solutions to the U.S. federal government and is based in Vienna, VA. Cognosante provides consulting, technology, and business process outsourcing services to healthcare organizations and is based in Falls Church, VA. 5/28/2020 Leading Technology Composites, Inc. acquired Business Assets and Contracts of ArmorStruxx, LLC. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group completed the acquisition of AMERGINT Technologies, Inc. on May 18, 2020. WaveStrike provides software engineering services to the Department of Defense and Intelligence Community and is based in Annapolis Junction, MD. Invalid password or account does not exist. The terms of the transaction were not disclosed. Schwimmer said the consortium owned just over 30% of LSEG shares when the Refinitiv deal was completed. Global Results Communications (GRC) LSEG acquired the data analytics group in January 2021. (TUI), in May. Novetta provides analytics software and solutions that detect threat and fraud, and protect high value networks for government and commercial enterprises worldwide and is based in McLean, VA. 6/23/2020 Redwire, LLC acquired Made In Space, Inc. AEgis provides 3D visualization and embedded training devices for unmanned systems and is based in Huntsville, AL. PLEASE TURN OFF YOUR CAPS LOCK. -, TSX futures edge lower tracking weak metal prices, London Stock Exchange Seeks Shareholder Approval for GBP750 Million Directed Share Buyback, London Stock Exchange Group raises dividend as profit grows. LSEG said it would seek shareholder consent to buy more of its own stock from a consortium of Blackstone and Thomson Reuters from which it acquired the data analytics group for $27 billion in January 2021. Voice, internet, video, and science data between earth and manned space. More by Debra Werner. Sign up for free newsletters and get more CNBC delivered to your inbox. Company: AMERGINT Technologies Inc. Industry: Communications, Equipment & Services Location: Colorado Springs Phone: 719-522-2800 Website: amergint.com Twitter: @amergint Deadline: Monday,. electro-optics technology business. The terms of the transaction were not disclosed. About of 10% of LSEG equity is available for sale by the consortium. Use the 'Report' link on UTC and Raytheon Co. finalized their linkup in April. Get this delivered to your inbox, and more info about our products and services. AMERGINT Technologies is an essential and trusted partner in the evolution of the Space and Defense Industries by focusing on mission-critical communication and data paths through the capture,. Share with Us. Xwing develops flight technology solutions for unmanned aircrafts and is based in San Francisco, CA. An email has been sent to with a link to confirm list signup. 6/2/2020 Framatome acquired the U.S. commercial nuclear services business of BWX Technologies, Inc. (NYSE:BWXT). The terms of the transaction were not disclosed. GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity. The terms of the transaction were not disclosed. If you continue to use this site, you consent to our use of cookies. Important URLs: No racism, sexism or any sort of -ism Our modems offer superior link performance for satellite telemetry, command, and payload data. 2023 AMERGINT Technologies, Inc. All Rights Reserved. Please feel free to contact us if you have information on a transaction that you want to ensure is included and credit attributed to appropriate advisors. 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. 2023 AMERGINT Technologies, Inc. All Rights Reserved. If you forget it, you'll be able to recover it using your email address. The terms of the transaction were not disclosed. As of April 30, 2020, the company received $3.1 million in its first tranche from 6 investors. It has also invested in 11 others. Its that fact that is driving our level of acquisition activity right now.. AMERGINT is now part of the ARKA family. Please avoid obscene, vulgar, lewd, EMRC designs, manufactures, integrates, tests, and supports multiple fixed and rotary wing small Unmanned Aerial Platforms and is based in Huntsville, AL. Every Sunday, receive the most in-depth, interesting, and important stories of the week, picked by editors and readers. The private equity firm said it would acquire Preferred Apartment Communities, a real estate investment trust, for $6 billion . Payload, telemetry, and command data securely processed in control centers. LSEG said it would seek shareholder consent to buy more of its own stock from a consortium of Blackstone and Thomson Reuters from which it acquired the data analytics group for $27 billion in . Got a confidential news tip? Boom manufactures and supplies supersonic passenger aircraft and is based in Englewood, CO. 5/18/2020 Curtiss-Wright Corporation (NYSE:CW) announced a private placement of senior notes for gross proceeds of $300.0 million. Stratagem. 6/29/2020 Architect Equity LLC agreed to acquire the Aerospace Composite Manufacturing Business of AAR Manufacturing, Inc. AMERGINT Technologies Holdings (ATH) has completed the acquisition of Raytheon Technologies electro-optics technology business. The company's software is deployed virtually on cloud architectures performing control center data formatting and interface conversion for commands and telemetry, with full support for NSA . 6/23/2020 Gardner Standard LLC acquired Shadin L.P., dba Shadin Avionics LP. 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