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AEI Portfolio Firm American Pacific Invests In Space Company Frontier Aerospace

Cal Biesecker By
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AEI Portfolio Firm American Pacific Invests In Space Company Frontier Aerospace
Axial thruster engine chamber designed and produced by Frontier Aerospace under NASA's Thruster for the Advancement of Low-temperature Operation in Space project. Photo: NASA

The private equity firm AE Industrial Partners (AEI) on Tuesday said its portfolio company American Pacific Corp., which produces specialty chemicals for the aerospace, defense and other markets, has made a minority investment in Frontier Aerospace, which specializes in space propulsion systems. Terms of the deal were not disclosed. “With our investment in Frontier, we now have a strategic partner in next-generation, in-space liquid propulsion technology,” Hal Murdock, American Pacific’s CEO, said in a statement. Jim McKinnon, founder and president…

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