American Pacific Invests in Frontier Aerospace, a Leader in Space Propulsion
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BOCA RATON, Fla., April 20, 2021 /PRNewswire/ -- American Pacific Corporation ("American Pacific"), a leading manufacturer of propulsion related materials for the Aerospace, Space and Defense industries, announced today that it has made a minority investment in Frontier Aerospace ("Frontier" or "the Company"), a leader in the space propulsion industry. Terms of the transaction were not disclosed.
Frontier Aerospace marks American Pacific's first investment since being acquired by AE Industrial Partners, LP ("AEI") in 2020. AEI is a private equity firm specializing in Aerospace, Defense & Government Services, Space, Power Generation, and Specialty Industrial markets.