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Announced

Veritas Capital-backed Peraton acquired Solers.

Synopsis

Veritas Capital-backed Peraton, a defense and intelligence contractor, acquired Solers, a leading provider of software development and systems integration for space situational awareness, satellite ground systems and operations, cybersecurity engineering, and enterprise cloud-based solutions. Financial terms were not disclosed. "The acquisition of Solers represents an important step in the execution of our growth strategy and serves as a true force multiplier for Peraton and our customers. By bringing together some of the most proven and innovative space protection and ground operations technologies in the industry, we will be able to significantly enhance our ability to execute on our customers' critical missions," said Stu Shea, Chairman, President and CEO of Peraton. "I'm excited to welcome the talented Solers team to Peraton, strengthening our already robust space portfolio, technical excellence and rapid innovation capabilities."

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