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Redwire Acquires Deployable Space Systems

February 23, 2021

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.

Founded in 2008 and headquartered in Goleta, California, DSS is a leading developer and provider of satellite mechanisms, deployable structures and booms and deployable solar array systems to the global space market. The company’s key products include deployable solar array systems, deployable structural and mechanical systems and supporting subsystems. This includes the award-winning and patented Roll-Out Solar Array, which NASA will use to upgrade the International Space Station’s solar arrays later this year.

In collaboration with its customers, DSS designs, analyzes, builds, tests and delivers state-of-the-art deployable technologies and innovative products that are being implemented in Department of Defense (DoD), NASA and commercial programs.

DSS marks Redwire’s seventh acquisition. Redwire has amassed an innovative portfolio of space infrastructure capabilities through the strategic acquisitions of Adcole Space, Deep Space Systems, Made In Space, Roccor, LoadPath and Oakman Aerospace. 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.

Peter Cannito

“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. “These new capabilities will expand our set of space infrastructure solutions and deliver even greater value to our customers.”

“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,” said DSS President and Co-Founder, Brian Spence. “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.”

Filed Under: Market Forecasts, Mergers & Acquisitions

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