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April 3, 2026
Industry Week in Review - April 3, 2026

M&A Transactions

​Phantom Space Corporation has acquired Thermal Management Technologies, LLC, a provider of advanced thermal and mechanical satellite solutions within commercial aerospace and defense markets. Terms of the transaction were not disclosed.

Red Cat Holdings, Inc. (NASDAQ: RCAT) has acquired Apium Swarm Robotics, Inc., a provider of distributed control systems for autonomous swarming drones and Uncrewed Surface Vessels (“USV”) within commercial and defense markets. Terms of the transaction were not disclosed.

Windjammer Capital Investors LLC has acquired PrecisionX Group, LLC, a portfolio company of CORE Industrial Partners, LLC and provider of precision metal components for critical-use applications within commercial aerospace, defense, and other commercial markets. Terms of the transaction were not disclosed.

Securities and investment banking products and services are offered through KippsDeSanto & Co., a non-banking subsidiary of Capital One, N.A., a wholly owned subsidiary of Capital One Financial Corporation.  KippsDeSanto is a member of FINRA and SIPC.  Products or services are Not FDIC Insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured By Any Federal Governmental Agency. 

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