Karman Space & Defense Acquires ISP to Enhance Energetic Propulsion Capabilities for Next-Gen Systems

Reuters

05-29

Karman Space & Defense Acquires ISP to Enhance Energetic Propulsion Capabilities for Next-Gen Systems

Karman Space & Defense, a leader in the development of next-generation system solutions for the space and defense markets, has announced the acquisition of ISP, a prominent player in specialty energetic propulsion technologies. The deal, which closed on May 28, 2025, aims to enhance Karman's offerings in small-diameter solid propellant technologies and strengthen its core competency in energetics. The acquisition involved a cash component of $50 million, funded through an increase of Karman's existing Term Loan B. ISP's expertise in propulsion technologies and its commitment to STEM education for youth align with Karman's strategic goals and community support initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Karman Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250529991013) on May 29, 2025, and is solely responsible for the information contained therein.

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