![\"AE](\"https:\/\/cdn.satnow.com\/news\/1785907601962_639215044041195479.webp\")
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AE Industrial Partners<\/strong>,<\/strong> a private investment firm focused on technologies and services critical to national and economic security, has finalized the acquisition of the space propulsion, power and electronics units from L3Harris Technologies<\/strong>, and is launching the entity as Rocketdyne<\/strong>. L3Harris will retain a minority stake in the business and continue to be a strategic partner.<\/p>\n The transaction re-establishes Rocketdyne as an independent company with more than 60 years of spaceflight heritage and a proven track record across civil, commercial, and national security space. With demand across the Company\u2019s markets accelerating, driven by geopolitical competition and record government investment in space, Rocketdyne is meeting this moment with world-class talent, proven technology, and trusted customer relationships already in place. AE Industrial\u2019s focused investment and active partnership will support Rocketdyne in deepening its role as an indispensable supplier to the space and defense industrial base. The new company will be led by Kristin Houston<\/strong> as Chief Executive Officer<\/strong>. Houston previously served as President of the Space Propulsion & Power Systems sector within the Missile Solutions segment of L3Harris, and as President of the Electro Optical Sector within Integrated Mission Systems. Prior to her role at L3Harris, she spent more than 16 years at Boeing<\/strong> with senior roles in engineering and program management.<\/p>\n \u201cFrom developing some of the first U.S. rocket engines to propelling the fastest human-made object ever built, Rocketdyne has always been at the forefront,\u201d said Houston. \u201cAs a standalone company, we now have the agility and focus to better serve our customers, invest in our people and capabilities and pursue new opportunities in the rapidly expanding space industry. This milestone would not have been possible without the steadfast support of AE Industrial and the partnership of L3Harris, and we are grateful for the role they are playing in helping launch Rocketdyne’s next chapter.” <\/p>\n In a statement, Jon <\/strong>Lusczakoski<\/strong>, Partner at AE Industrial<\/strong>, said, “Rocketdyne has always been a special name in the space industry, and we are honored to help steward its return as a standalone company. Rocketdyne will now have the agility to invest in and scale its core businesses, driving the next generation of space mobility, power, and electronics. Kristin is a proven leader who knows how to grow technology businesses by strengthening customer relationships, innovating new solutions and building high-performing teams. We are excited to have her stepping into this role as she guides this iconic brand into its most exciting era yet.\u201d<\/p>\n \u201cFor AE Industrial, this is a unique opportunity to scale a business with an iconic brand and a distinguished track record of delivering for customers,\u201d said Kirk Konert<\/strong>, Managing Partner at AE Industrial<\/strong>. \u201cSpace is a critical domain in our national security architecture and Rocketdyne is positioned to be a vital pillar in ensuring the world\u2019s space technology needs are met in the present and into the future.\u201d <\/p>\n AE Industrial will provide investment in Rocketdyne\u2019s core capabilities, including upgrading the technology and manufacturing of the RL10 rocket engine, ramping up production of in-space propulsion thrusters and advancing nuclear power and energy solutions for space applications.<\/p>\n","protected":false},"excerpt":{"rendered":" AE Industrial Partners, a private investment firm focused on technologies and services critical to national and economic security, has finalized the acquisition of the space propulsion, power and electronics units from L3Harris Technologies, and is launching the entity as Rocketdyne. L3Harris will retain a minority stake in the business and continue to be a strategic […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[41,25,58,27,36],"class_list":["post-56901","post","type-post","status-publish","format-standard","hentry","category-news","tag-defense","tag-launch","tag-launch-vehicle-engines","tag-power-systems","tag-thrusters"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/56901"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=56901"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/56901\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=56901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=56901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=56901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Also Read: L3Harris Technologies Achieves First Flight Milestone with Perimeter Truss Reflector<\/h4>\n