Karman Space & Defense (Term Loan Increase)
Funding Details
- Awarder
- RSS - spaceimpulse.com
- Date Award
- May 27, 2025
- Vertical
- Aerospace and Defense
- Funding URL
- View Funding Page
- Funding Amount:
- $75,000,000
Company Info
- Traction
- The acquisition strengthens Karman's core competency in energetics and expands its offering in small-diameter solid propellant technologies.
- Company Description
- Karman Space & Defense is a leader in the rapid design, development, and production of critical, next-generation system solutions for launch vehicles, satellites, spacecraft, missile defense, hypersonic, and UAS customers. The company has acquired ISP, a small-diameter solid propellant technologies company, to expand its capabilities in UAS propulsion and intercept systems.
- Market
- UAS and Energetic Propulsion Technologies
- Location
- Cedar City, Utah, United States