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.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
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.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
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