Trive Capital-backed Karman Systems to acquire Systima Technologies.

Trive Capital-backed Karman Systems, a supplier of mission critical flight hardware and complex sub-assemblies to the space, missile, and hypersonic markets, agreed to acquire Systima Technologies, a manufacturer of energetic components and complex integrated systems supporting defense, space. Financial terms are not disclosed. "We have been watching the Karman business come together over the past year and believe with conviction that the strategic rationale of investing in the space, missile, and hypersonic supply chains is absolutely critical. The vast set of differentiated capabilities, capacity, talented team, and incredible complementary fit of Systima with Karman gave us confidence that this was the right home for Systima and its employees. We know that joining forces with Karman will only accelerate the opportunities for Systima and better equip us to be responsive to the needs of our customers," Tom Prenzlow, Systima President and Former Owner.