Special Aerospace Services opened for business in 2007 and now becomes the private equity firm's vehicle for further investments in the government market's space vertical.
OceanSound Partners continues as the lead partner in SMX's next phase of its strategy, which will lean more into a tech-intensive approach as one of the world's investment stalwarts is now involved too.
The private equity firm now owns three companies focused on providing technical and other professional services to the Energy Department and its components.
Their collaboration centers around secure light-based connectivity for intelligence agencies that do not use traditional wireless methods inside their secure facilities.
One of the U.S.' longstanding nonprofit research-and-development organizations features, as does a space company that fetched $1.4 billion in Series A capital in 2021.
Herrick Technology Laboratories will use this investment to accelerate the development of a new product line and make acquisitions in augmenting tech areas.
The Arlington Capital Partners-owned technology integrator buys a company that designs software to control spacecraft and other systems while in-flight.
