Redwire, a provider of space services and components for the next generation space economy, has purchased Deployable Space Systems Inc., a leading supplier of mission-enabling deployable solar arrays, structures and mechanisms for space applications.
“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,” added Brian Spence, DSS president and co-founder. “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.”
PricewaterhouseCoopers LLP served as the financial advisor and Kirkland & Ellis LLP served as the legal advisor to Redwire. Fell, Marking, Abkin, Montgomery, Granet & Raney LLP was the legal advisor to DSS.