Home » News & Blogs » Redwire acquires Deployable Space Systems
Bookmark and Share
Space News

Redwire acquires Deployable Space Systems

23 Feb 2021, 12:00 UTC
Redwire acquires Deployable Space Systems
(200 words excerpt, click title or image to see full post)

SAN FRANCISCO – Redwire has acquired Deployable Space Systems (DSS) Inc., the rapidly growing Goleta, California, company that manufactures various structures and mechanisms including the Roll-Out Solar Array (ROSA). Terms of the transaction were not disclosed.
The DSS acquisition announced Feb. 23 was the seventh acquisition by Jacksonville, Florida-based Redwire, which private equity firm AE Industrial Partners established in 2020 to create a pure-play space company.
“With DSS, Redwire has now become the world’s leading independent supplier of solar array systems,” Peter Cannito, Redwire chairman and CEO, told SpaceNews. “We’re extremely excited about the capability that DSS brings to our portfolio around the ROSA technology but other capabilities as well.”
NASA announced plans in January to install DSS solar arrays on the International Space Station. Maxar Technologies awarded a contract to DSS in 2019 to manufacture solar arrays for the Power and Propulsion Element of the lunar Gateway.
With those major contracts underway, it’s a good time for DSS to join Redwire, said DSS co-founder Brian Spence.
“Redwire can come in and fulfill some [corporate] functions while we maintain our culture of being innovative and providing disruptive products for our customers,” Spence said. “We’re at this critical point in our ...

Latest Vodcast

Latest Podcast

Advertise PTTU

NASA Picture of the Day

Astronomy Picture of the Day