Transactions

August 3 2022

KippsDeSanto & Co. advises Numerica Corporation on the sale of its space division to Slingshot Aerospace, Inc.

KippsDeSanto & Co. is pleased to announce the asset sale of Numerica Corporation’s space division (“NSD” or the “space division”) to Slingshot Aerospace, Inc. (“Slingshot”).

Based in Fort Collins, CO, Numerica’s space division develops sophisticated hardware and software solutions for precision space domain awareness operations to help protect government and commercial space assets from hazards and threats.  Numerica’s space division operates a network (the Numerica Telescope Network, “NTN”) of more than 20 sites and 150+ sensors worldwide that can detect and track objects (satellites, debris, etc.) in all regimes of operational space (LEO, MEO, GEO and xGEO orbits). NTN’s autonomous network and proprietary data processing solutions enable precision-focused space domain awareness operations around the clock.  NSD’s unique ability to offer both daytime and nighttime tracking capabilities in LEO and beyond is a significant competitive differentiator.

The space division’s internally developed and operationalized end-to-end suite of advanced algorithms and software tools cover the entire TCPED chain to provide actionable intelligence and real-time data on thousands of satellites to over 200 individual data subscribers across the Department of Defense, Intelligence Community, and commercial customers. NSD’s role at the forefront of space domain awareness creates well-established growth opportunities to support the accelerated need of customers to protect their most critical assets in space as investment and interest in space contribute to increased congestion.

We believe this transaction highlights several key trends in the aerospace / defense / space M&A market:

• Intense interest in space domain awareness, encompassing the effective detection, tracking, identification, characterization, and understanding of any factor associated with the space domain that could affect space operations;

• The tremendous increase in investment in the space economy in recent years has had knock-on effects contributing to the value of the technologies that protect that investment;

• First-to-market technology developers can capture huge returns; and

• Deep domain and subject matter expertise remains a critical differentiator for sellers

LEAD INVESTMENT BANKERS

banker-photo

Bob Kipps

Contact Bob
banker-photo

Michael J. Misantone

Contact Michael
banker-photo

Nathan C. Wilson

KippsDeSanto & Co. is pleased to announce the asset sale of Numerica Corporation’s space division (“NSD” or the “space division”) to Slingshot Aerospace, Inc. (“Slingshot”).

Based in Fort Collins, CO, Numerica’s space division develops sophisticated hardware and software solutions for precision space domain awareness operations to help protect government and commercial space assets from hazards and threats.  Numerica’s space division operates a network (the Numerica Telescope Network, “NTN”) of more than 20 sites and 150+ sensors worldwide that can detect and track objects (satellites, debris, etc.) in all regimes of operational space (LEO, MEO, GEO and xGEO orbits). NTN’s autonomous network and proprietary data processing solutions enable precision-focused space domain awareness operations around the clock.  NSD’s unique ability to offer both daytime and nighttime tracking capabilities in LEO and beyond is a significant competitive differentiator.

The space division’s internally developed and operationalized end-to-end suite of advanced algorithms and software tools cover the entire TCPED chain to provide actionable intelligence and real-time data on thousands of satellites to over 200 individual data subscribers across the Department of Defense, Intelligence Community, and commercial customers. NSD’s role at the forefront of space domain awareness creates well-established growth opportunities to support the accelerated need of customers to protect their most critical assets in space as investment and interest in space contribute to increased congestion.

We believe this transaction highlights several key trends in the aerospace / defense / space M&A market:

• Intense interest in space domain awareness, encompassing the effective detection, tracking, identification, characterization, and understanding of any factor associated with the space domain that could affect space operations;

• The tremendous increase in investment in the space economy in recent years has had knock-on effects contributing to the value of the technologies that protect that investment;

• First-to-market technology developers can capture huge returns; and

• Deep domain and subject matter expertise remains a critical differentiator for sellers

LEAD INVESTMENT BANKERS

banker-photo

Bob Kipps

Contact Bob
banker-photo

Michael J. Misantone

Contact Michael
banker-photo

Nathan C. Wilson