Announced
Financials
Tags
Friendly
Domestic
United States
Private
Pending
Single Bidder
Private Equity
Acquisition
electro-optical/infrared sensors
Majority
Defense
Synopsis
ATL Partners, a private equity firm, agreed to invest in GEOST, a designer and integrator of small-to-medium sized electro-optical/infrared sensors for high-value, national security space missions. Financial terms were not disclosed. "GEOST is experiencing an exciting phase of growth and we are very excited to have found a partner in ATL to help us scale with our customers. They share our enthusiasm for the GEOST mission to support national security space programs as we work to address the near-peer threat in space. We were energized when ATL approached us with an investment thesis that aligned so well with our vision and they will support us as we invest in future opportunities," Anthony Gleckler, GEOST President and Founder.
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