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. 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. High 49F. RF Communications. We still think theres a lot of great capabilities and great companies that are out there that have proven that they could move past that first stage of growth, prove their technology and gain a little bit of flight heritage, said Peter Cannito, Redwire chairman and CEO. Since 2008, AMERGINT has delivered more than 2,500 applications, services/microservices, and cloud-based solutions that support mission-critical communication networks. Get this delivered to your inbox, and more info about our products and services. Space investors say they are looking well beyond the current public health and economic crisis. The new. The Blackstone Group Inc. (NYSE:BX) and The Boundary Group acquired AMERGINT Technologies, Inc. on May 18, 2020. Were an enterprise driven by innovation, mission performance, and advanced engineering. Think big, dream bigger, define the new beyond. Larry Hill, CEO of AMERGINT Technology Holdings said in the Tuesday release that Danbury is known for designing, developing, and producing optical systems for Earth Observation (EO) applications and supporting national security space programs. Satellite TT&C modems for cubesat, smallsat, and geostationary satellites. Polyakov has a multi-decade plan for EOS that brings together launch vehicles, satellites, sensors, ground segments and data analytics. It has also invested in 11 others. A Division of NBCUniversal. She Danbury was previously a division of Raytheon Technologies' Collins Aerospace unit. 6/1/2020 Radiation Test Solutions, Inc. agreed to acquire Cobham RAD Inc. Raytheon Technologies Corp.s board of directors is taking a pay cut. Be Truthful. "We see the result as strong enough to keep sentiment for LSEG intact ahead of any potential share disposals over the coming months," RBC Europe said in a note to clients. The UK has also launched a raft of capital market reforms aimed at helping to close the listings gap with New York. PLEASE TURN OFF YOUR CAPS LOCK. This is the name that will be displayed next to your photo for comments, blog posts, and more. 6/18/2020 Red 6 Inc. announced that it has received a round of funding from new investor Lockheed Martin Ventures. Read about how we use cookies and how you can control them on our Privacy Policy. Founded in 2008 by Mark McMillen, Randy Culver and Sean Conway, AMERGINT delivers next generation solutions to manage the capture, processing, transport and exploitation of vital mission data for communication and data links. 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. Its just a different type of deal flow, said Van Espahbodi, Starburst Aerospace co-founder and managing partner. Choose wisely! Join our teams and take your career to the highest level. It's been a busy week for private equity, with Cloudera, Stack Overflow and FireEye coming off the board on Tuesday and Wednesday. Got a confidential news tip? Bradford Space has a couple of things in our sights that wed like to execute soon, Fichtenbaum said. Wing Aviation offers aviation services worldwide and is based in Houston, TX. We use cookies to offer you a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, residential, office, hospitality and retail. Mill Hill Capital is a private investment firm based in Naples, FL. 6/10/2020 Novetta Solutions, LLC acquired WaveStrike, LLC. The acquired assets comprise electronic warfare technologies. LSEG's total income, including recoveries, of 7.743 billion pounds ($9.28 billion) in preliminary results for 2022, was just above analysts' consensus of 7.733 billion pounds, and up from 6.535 billion in 2021. Blackstone will buy American Campus Communities for $12.8 billion including debt, the student housing company said on Tuesday, as the world's biggest alternative asset manager bets on rents. Holland & Hart LLP served as legal advisor to DSS. The terms of the transaction were not disclosed. Invalid password or account does not exist. 14 UConn's 88-59 win over DePaul Wednesday, Girls basketball roundup: East Hartford, Edens take Class LL tourney opener. Follow AMERGINT on Twitter @AMERGINT. 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. Combining our expertise, we are empowered to build a generational asset that focuses on delivering high-performance national security space technologies for the present and future, Hill added. Breaking news alerts - delivered to your inbox - the minute we put it online. 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. Visit: www.amergint.com. Blackstone's real estate business was founded in 1991 and has $187 billion of investor capital under management. 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 For more updates about business in north-central Connecticut, follow Zach on Twitter: @ZachVasileJI. Danbury was previously a division of Raytheon Technologies Collins Aerospace unit. The terms of the transaction were not disclosed. 2023 AMERGINT Technologies, Inc. All Rights Reserved. The terms of the transaction were not disclosed. The terms of the transaction were not disclosed. Raytheon Technologies was required by the U.S. government to divest the Connecticut precision-optics business under terms permitting the merger of the former. Developer of software-defined signal and protocol processing applications designed for the satellite ground, test and data acquisition markets. The terms of the transaction were not disclosed. 5/18/2020 Cognosante, LLC acquired Enterprise Information Services, Inc. The transaction was announced in April and AMERGINT said Tuesday the acquisition of the Danbury, Connecticut-based business will expand its capabilities to provide next-generation platforms. Founded in 2008 by Mark McMillen, Randy Culver and Sean Conway, AMERGINT delivers. Lora Wilson 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. Amerigint also acquired Tethers Unlimited, a company known for software-defined radios, in-space manufacturing and propulsion technology. 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. The business is headquartered in Danbury, Connecticut, and will be renamed Danbury Mission Technologies (Danbury). amergint@globalresultspr.com, Internet Explorer presents a security risk. AMERGINT also recently acquired Tethers Unlimited, Inc. (TUI), in May. London Stock Exchange Seeks Shareholder Approval for GBP750 Million Directed Share Buyb.. Alight Secondary Public Offering of Shares Upsized, Priced at $9 Each. The terms of the transaction were not disclosed. "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. GovCon Wire is always on top of the most recent contracting sector activity and is updated in real time as the news breaks. Every Sunday, receive the most in-depth, interesting, and important stories of the week, picked by editors and readers. The company delivers next-generation solutions to manage the capture, processing, transport, and exploitation of vital mission data for communication and data links. Andreas Nonnenmacher, president of Danbury Mission Technologies will concurrently assume responsibilities as president of ATH. 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. Amergint Technologies Holdings, part of Blackstone Tactical Opportunities, bought Raytheon Technologies' space-based precision optics business, part of its Collins Aerospace unit. AMERGINT builds transformational hardware and software solutions that support critical programs around the globe and in space. Aerospace primes also are starting to realize that they need to innovate through acquisition, said Meagan Crawford, managing partner for SpaceFund, a venture capital and private equity firm established in 2019 to back space startups. Terms of the sale, including price, were not made public. On Friday, the company sold its stake in SeaWorld to Zhonghong Group, a Chinese investment firm, for about $449 million. They need a partner that can take their capability to the next level. (TUI), in May. The terms of the transaction were not disclosed. In May 2022, posts across social media suggested Blackstone may now, having acquired 75% of Ancestry.com in 2020, own DNA samples belonging to the genealogy site's customers. or anything. 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. Raytheon Technologies was required by the U.S. government to divest the Connecticut precision-optics business under terms permitting the merger of the former Raytheon and . However, the COVID-19 pandemic and recession are doing little to dampen enthusiasm among leaders of the companies shopping in the space sector. Winston & Strawn LLP served as legal advisor to AAR. For more than six decades, ARKA companies have helped create a safer nation, a smaller world, a universe of discovery. You have to identify the synergies in the technical architecture.. Raytheon Technologies Corp. on Thursday posted a net loss of $83 million for the first quarter of a wildly unpredictable 2020 as its chief exe, The U.S. Justice Department announced Thursday it will back the pending merger of Farmington-based United Technologies Corp. and Massachusetts, United Technologies Corp.s yearlong effort to spin off Carrier Corp. and Otis Elevator Co. reached another milestone Wednesday, as the Farmin, United Technologies Corp. and Raytheon have reportedly offered numerous concessions to the European Union in a bid to alleviate the economic b, There will be no confusing Otis Elevator Co.s new ticker symbol when the company resumes trading on the New York Stock Exchange as a standalo, Raytheon Technologies Corp. plans to cut more than 15,000 jobs at its corporate offices and commercial aerospace subsidiaries including Colli, Raytheon Technologies Corp. plans to slash more than 15,000 jobs at its corporate offices and commercial aerospace subsidiaries including Co, Raytheon Technologies Corp.s recently announced plan to cut more than 15,000 jobs and review its factory footprint is stoking concerns that t, Raytheon Technologies Corp., the parent company of Pratt & Whitney and Collins Aerospace, saw a steep plunge in year-to-year profits over . 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. Aftermarket work at Pratt, Collins Aerospace takes a hit. Theres been a little effect in terms of future program delays, but we are executing on all the current programs.. AMERGINT develops software-defined signal and protocol processing applications for military, intelligence, and commercial space and is based in Colorado Springs, CO. Debra earned a bachelors degree in communications from the University of California, Berkeley, and a masters degree in Journalism from Northwestern University. Amergint's strategy has paid off - the company has been profitable in both 2011 and 2012 and has nearly doubled its revenue in each year of operations, though company officials declined to reveal . ARKA stands for more than creating better technology. 2023 ARKA Group, LP | All Rights Reserved. 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. A view of the London Stock Exchange Group sign in the City of London. Blackstone Inc. agreed to buy student-housing owner American Campus Communities Inc. in a deal valuing the company at about $12.8 billion, including debt, a bet that rents will continue to rise. Xwing develops flight technology solutions for unmanned aircrafts and is based in San Francisco, CA. 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. Thomson Reuters, the parent company of Reuters News, owned about $5.6 billion worth of LSEG shares as of Jan 31. In the last 3 years, The Blackstone Group has acquired 35 companies. Sign Up Now! AMERGINT Technologies Holdings (ATH) has completed the acquisition of Raytheon Technologies' electro-optics technology business. Blackstone Group's ( BX) Blackstone Real Estate Income Trust (BREIT) has reached an agreement for the acquisition of Home Partners of America (HPA). +1 949 608 0276 Today Blackstone bought media and data company IDG for $1.3. As of April 30, 2020, the company received $3.1 million in its first tranche from 6 investors. Leading Technology Composites designs and manufactures composite parts and assemblies and is based in Wichita, KS. That does not mean you are not going to make money in space.. Data Acquisition, Processing, Analytics, and Display. Beyond Begins Here. These groups all see space as a long-term market, or they see that the rest of the world sees that, said Ian Fichtenbaum, CEO of Bradford Space, part of the American Industrial Acquisition Corp. Theres more interest in jumping in. London Stock Exchange Group disclosed plans to buy back more of its shares on Thursday, as it lifted its income growth outlook. Blackstone : and Sixth Street Complete Sale of Kensington Mortgages to Barclays Bank UK PL.. Sector Update: Financial Stocks Gain Pre-Bell Monday, Cyber firm Wiz raises $300 mln, won't move funds to Israel amid judicial reform risk, Blackstone Secured Lending Fund's Q4 Net Income, Total Investment Income Rise. 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. Built on a common framework, AMERGINTs product families are software applications tailored to a customers specific performance and operating requirements. 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. 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. This month, MGM said it was selling its Aria Resort & Casino and Vdara hotel properties to Blackstone for $3.9 billion. Please avoid obscene, vulgar, lewd, Colorado Springs-based aerospace company Amergint Technologies has completed its acquisition of Raytheon Technologies' space-based precision optics businesses based in Danbury, Conn. Schwimmer said the integration of Refinitiv and a strategic $2 billion partnership announced with Microsoft in December meant LSEG is "shifting from integration to transformation". Radiation Test Solutions is engaged in designing, analysis, and testing of semiconductor devices and materials for satellite, aircraft, and ground applications and is based in Colorado Springs, CO. 6/1/2020 Wing Aviation Charter Services LLC acquired the Private Aircraft Management & Charter Services from Western Airways, Inc. ENIAC is a venture capital firm based in San Francisco, CA. Danbury was previously a division of Raytheon Technologies Collins Aerospace unit. Still, investors muse privately about creating the type of company that could cash in on public interest in space. Simpson Thatcher & Bartlett LLP and BofA Securities respectively served as AMERGINTs legal and financial advisers in the transaction. Amergint. Important URLs: Better starts here. Check out our new company website & learn more about the ARKA mission. Built on a diversity of people, ideas and thoughts, we develop the technologies and projects that have a meaningful impact for a more certain, sustainable world of opportunity for everyone. Alven Capital Partners is a venture capital firm based in Paris, France. Threats of harming another An email has been sent to with a link to confirm list signup. The terms of the transaction were not disclosed. 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 Security Space missions and defense survivability needs. The terms of the transaction were not disclosed. UTC was instructed to sell off the electro-optics unit, while Raytheon Co. was forced to part ways with its military GPS and tactical radio assets, which were ultimately sold to British defense conglomerate BAE Systems in July. From human spaceflight to satellite test solutions, AMERGINT is a trusted partner for commercial, civil, and government customers. Blackstone has since doubled down on Sin City, closing in February 2020 on a $4.6 billion joint venture with MGM Growth Properties to acquire the MGM Grand and Mandalay Bay. From establishing dominance in contested space to extending space survivability, ARKAs beyond-the-globe thinking helps every mission reach a new beyond. Light rain early. 5/1/2020 Perspecta Inc. (NYSE:PRSP) acquired certain assets of DHPC Technologies Inc. for $53.0 million. Market-leading rankings and editorial commentary - see the top law firms & lawyers for Environment: transactional in United States 2023 AMERGINT Technologies, Inc. All Rights Reserved.Privacy | Terms & Conditions for Suppliers |Quality Clauses for SuppliersEIN# 26-3783816. accounts, the history behind an article. "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. Blog posts, and more info about our products and services AMERGINT also recently acquired Tethers Unlimited Inc.... Get this delivered to your inbox - the minute we put it online another an email has been sent with. Mean you are not going to make money in space for cubesat, smallsat, and government.. Assume responsibilities as president of ATH a private investment firm based in Houston,.! Since 2008, AMERGINT is a venture capital firm based in Naples,.. ) has completed the acquisition of Raytheon Technologies & # x27 ; Collins Aerospace unit, Internet Explorer presents security. Has a couple of things in our sights that wed like to soon! 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