Local business and education officials celebrated Cedar City s involvement and commitment to the aeronautics and space industry during a press conference Thursday, just over three weeks after NASA s successful launch of Artemis 1.
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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.