RapidFlight LLC
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
RapidFlight LLC is an aerospace company specializing in the design and manufacturing of unmanned aircraft systems (UAS). Founded with a mission to revolutionize the UAS industry, RapidFlight focuses on rapid concept-to-flight development cycles, leveraging advanced digital engineering and 3D additive manufacturing techniques. Their solutions cater primarily to national security needs and the private sector, emphasizing agility, efficiency, and high performance. Product Breakdown M2 Unmanned Aircraft System (UAS) The M2 UAS is RapidFlight's flagship product, designed for high endurance and flexibility in various operational environments. It features a fixed-wing design with a maximum takeoff weight of 175 lbs and a payload capacity ranging from 23 to 60 lbs. This system can achieve a maximum endurance of 36 hours and is equipped to carry a variety of sensor and communication payloads, including EO/IR, SAR, and SIGINT. The M2 is notable for its modular design, which simplifies maintenance and logistics, and its capability to operate independently of runways, making it suitable for diverse mission requirements globally (RapidFlight) (RapidFlight). Next-Generation Manufacturing Facility RapidFlight operates a state-of-the-art 25,000 square foot facility in Manassas, Virginia. This facility integrates advanced engineering, fabrication, and testing capabilities to support both large-scale production and rapid prototyping. The facility is designed to handle various aspects of UAS manufacturing, including discrete production cells and a detached testing area, ensuring high efficiency and quick turnaround times from design to deployment (RapidFlight) (RapidFlight). Mobile Production System (MPS) RapidFlight's Mobile Production System (MPS) enables on-site manufacturing and deployment of UAS. This system is designed to be highly adaptable, allowing for the production of unmanned aerial vehicles directly at the point of need. The MPS supports RapidFlight's commitment to delivering mission-ready solutions rapidly and efficiently, further enhancing their capability to meet urgent operational demands (RapidFlight).
Keywords
Keywords
Classified
Private