Frontgrade Technologies announced the completion of its acquisition of Aethercomm.
The combined company will now offer complete, integrated and turnkey solutions for aerospace and defense customers.
Aethercomm will operate as a division of Frontgrade and be rebranded as Frontgrade Aethercomm.
PRESS RELEASE — Colorado Springs, Colorado / August 7, 2023 — Frontgrade Technologies (“Frontgrade”), a portfolio company of Veritas Capital (“Veritas”) and a leading independent supplier of high-reliability, advanced electronic solutions for space and national security missions, announced today the completion of its acquisition of Aethercomm, a designer and manufacturer of high-power radio frequency (RF) solid state power amplifiers as well as transmit/receive and high-power RF switches.
Since its inception over 60 years ago, Frontgrade and its products have had a presence on all historical major U.S. space platforms. The combined company will now offer complete, integrated and turnkey solutions for aerospace and defense customers by joining Aethercomm’s active RF amplifiers, switches and hardware with Frontgrade’s existing antenna solutions.
“Aethercomm’s RF technologies have an excellent reputation for reliability and are very complementary to Frontgrade’s current portfolio of processing, power, and propulsion solutions,” said Mike Elias, President and CEO at Frontgrade. “We look forward to integrating Aethercomm’s business capabilities and highly skilled team with Frontgrade, and we anticipate that the end-to-end range of products we now offer will provide significant advantages to our customers.”
“This strategic combination was made possible through the dedication of our team and enables Aethercomm to benefit from increased scale and investment in R&D and people to better serve our customers,” said Todd Thornton, Aethercomm’s Founder and CEO. “By adding our active RF solutions to the existing Frontgrade platform, we will ensure that companies operating in the aerospace and defense sectors are equipped with an innovative and fully integrated product suite.”
Aethercomm will operate as a division of Frontgrade and be rebranded as Frontgrade Aethercomm. Todd Thornton and the Aethercomm management team will remain with the business, with Thornton serving as General Manager of the new division.
KippsDeSanto acted as exclusive financial advisor to Aethercomm. Gibson, Dunn & Crutcher LLP acted as legal counsel to Veritas and Frontgrade in connection with the transaction. Financial terms of the transaction were not disclosed.
Alyssa Lafleur has over 10 years of experience working as a tech and science communicator in industries spanning public health, health informatics, life sciences innovation, cybersecurity, and space tech. Alyssa brings a wealth of knowledge in developing and managing communication strategies that drive value for highly technical industries with thought leadership, community outreach, and brand awareness.
