AE Industrial Partners LP, a U.S.-based private equity firm focused on aerospace, defense and government services, space, power and utility services and industrial markets, has partnered with Space Florida, Florida’s aerospace finance and development authority.

The partnership looks to drive the growth of Florida’s aerospace and space industries, bring in investments and create job opportunities in the state. As part of the partnership, AE Industrial Partners aims to use Space Florida’s funding resources and experience to help attract and invest in companies that are looking to expand or relocate to Florida. The partnership will also focus on developing a talent pipeline for the industry, working to build on Florida’s academic institutions and workforce development programs.

“AE Industrial and Space Florida have worked together on multiple projects over the last several years,” comments Jon Lusczakoski, vice president at AEI. “Space Florida has been a great partner to our portfolio companies, and we’re excited to formalize this partnership. Our goal is to streamline the financial tools that Space Florida offers and collaborate on innovative capital approaches to our deals from the formation stage through the life of our ownership.”