Aerospace Capital Raises in the U.S. – November 16th-30th, 2024
Some interesting transactions closed in the Aerospace sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
Merger/Acquisition and Corporate
1. ConRes Test Equipment, a distributor of test equipment catering to aerospace, defense, automotive, education, telecom and electrical power and testing industries, was acquired by TestEquity, a subsidiary of Distribution Solutions Group.
Later Stage VC
2. SpinLaunch, an operator of a spaceflight technology development company intended to launch small space satellites and payloads into space, raised $11.50 million through a combination of Series C-2 and Series C-4 venture funding.
3. Stavatti, a manufacturer of an aircraft intended to advance the design and production of military, commercial, and general aviation aircraft, raised $80,000 in venture funding.
Angel, Seed, and Grant
4. Flight Science, a developer of flight operations software designed to assist flights with AI and monitor and continuous route optimization for airlines, raised $50,000 in angel funding.
5. Raven, a developer of 3D-printed re-entry capsules designed for affordable and accessible payload return from space, raised $2 million in pre-seed funding in a deal led by Backswing Ventures.
#castleplacement #capitalraising #privateequity #venturecapital #investment #Aerospace
Jesus Tueme
Managing Director
Finance and banking executive with a global perspective, broad professional practice and extensive network in Latin America. 22 years at BBVA, BNPP and Credit Agricole. Successful deal-making track record with multinationals, major Latin American issuers and government agencies. Extensive experience in restructuring/special situations, initial public offerings, corporate strategy, evaluating alliances, mergers and acquisitions, corporate governance, risk management, customer centric and digital strategies, and financial analytics. BS in Economics from Mexico Monterrey Institute of Technology. MBA from the University of California Los Angeles in 1987. Graduated from Harvard Business School General Management Program. Further academic work on Risk Management at Stanford University and as a research and finance scholar at the Monterrey Institute of Technology.
- Email: jtueme@castleplacement.com
- (C) (646) 479-7616
Jesus Tueme
Managing Director
Please contact me if you have any questions or would like to discuss your capital raise:
Email: jtueme@castleplacement.com
(C) (646) 479-7616
Send us a message:
Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
