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Business/Financial

Private Equity Firm AEI Acquires Space Technology Company AMA

By Cal Biesecker

Monday, March 2nd, 2020

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Private Equity Firm AEI Acquires Space Technology Company AMA

AMA's space technology includes cubesats. Photo: AMA

AE Industrial Partners (AEI) on Monday said it has acquired Adcole Maryland Aerospace (AMA), designer, developer and manufacturer of spacecraft components and small satellites, adding a space technology company to its portfolio. Terms of the deal were not disclosed. AMA was part of Adcole Corp., a portfolio company of Artemis Capital Partners. “We have been impressed by AMA’s tenure, reputation, and respected flight heritage in the space industry, and we are excited to partner with a truly premier supplier of…

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