Announced

Completed

Kymeta Corporation completed the acquisition of Lepton from Moore Capital Management.

Synopsis

Kymeta, a satellite communications company, completed its acquisition of Lepton, a small business that specializes in the engineering and delivery of end-to-end satellite communications solutions, from Moore Capital Management, an investment firm. Financial terms were not disclosed. “Having a turnkey satellite service provider like Lepton accelerates Kymeta’s ability to successfully penetrate US Military and Government customers in partnership with a well established brand, deep channel experience, and network support for those verticals. The combination of Kymeta’s revolutionary hardware, together with Lepton’s service offerings, will be a winning combination that will be hard to beat. We are excited to bring Rob Weitendorf, Isabel LeBoutillier, and their team into the Kymeta family and thus expanding and accelerating our ability to go to market,” Walter Berger, Kymeta President and COO.

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