Made in Space purchased by venture capital company Redwire
Capitalism in space: Made in Space, which has specialized in developing 3D printing in space on ISS and elsewhere, has been acquired by a company dubbed Redwire that was created by a venture capital company.
AE Industrial Partners, a private equity firm, formally established Redwire at the beginning of June by combining two companies it had acquired, Adcole Space and Deep Space Systems (DSS). Both companies are best known as suppliers of spacecraft components and engineering services, although DSS has also developed a robotic lunar lander and is part of NASA’s Commercial Lunar Payload Services program.
“What we wanted to do with Redwire is take some of the traditional space heritage from the small, agile and innovative companies out there like Adcole and DSS and combine them with a true innovator,” said Peter Cannito, chief executive of Redwire, in an interview.
Made In Space, he argued, is that innovator. “The things that they’re doing are things that have never been done and really have the potential to change the economics of space,” he said. “That filled a key gap in our strategy.”
Though the companies under Redwire will for now operate separately, eventually they will combine under the Redwire name. Note too that the head of Made in Space is now the CEO of Redwire while its chief engineer is now Redwire’s chief technology officier, so this acquisition appears more like a partnership between companies that helps them all, rather than an acquisition.
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Capitalism in space: Made in Space, which has specialized in developing 3D printing in space on ISS and elsewhere, has been acquired by a company dubbed Redwire that was created by a venture capital company.
AE Industrial Partners, a private equity firm, formally established Redwire at the beginning of June by combining two companies it had acquired, Adcole Space and Deep Space Systems (DSS). Both companies are best known as suppliers of spacecraft components and engineering services, although DSS has also developed a robotic lunar lander and is part of NASA’s Commercial Lunar Payload Services program.
“What we wanted to do with Redwire is take some of the traditional space heritage from the small, agile and innovative companies out there like Adcole and DSS and combine them with a true innovator,” said Peter Cannito, chief executive of Redwire, in an interview.
Made In Space, he argued, is that innovator. “The things that they’re doing are things that have never been done and really have the potential to change the economics of space,” he said. “That filled a key gap in our strategy.”
Though the companies under Redwire will for now operate separately, eventually they will combine under the Redwire name. Note too that the head of Made in Space is now the CEO of Redwire while its chief engineer is now Redwire’s chief technology officier, so this acquisition appears more like a partnership between companies that helps them all, rather than an acquisition.
The support of my readers through the years has given me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Four years ago, just before the 2020 election I wrote that Joe Biden's mental health was suspect. Only in this year has the propaganda mainstream media decided to recognize that basic fact.
Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Even today NASA and Congress refuse to recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
Please consider supporting my work here at Behind the Black.
You can support me either by giving a one-time contribution or a regular subscription. There are five ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation:
5. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above. And if you buy the books through the ebookit links, I get a larger cut and I get it sooner.
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