Veritas Capital acquired CAES Space Systems on January 9, 2023, and rebranded the company as Frontgrade Technologies.
CAES Space Systems, formerly Cobham Advanced Electronics Solutions, is a U.S.-based technology company with over 60 years of experience in the space and defense industries. Headquartered in Colorado Springs, the company is known for its expertise in delivering high-reliability electronic solutions. Its product portfolio includes radiation-hardened components, custom ASICs, power management systems, motion control technologies, waveguides, and mission processing subsystems. These solutions serve critical applications in space, defense, intelligence, commercial, and civil sectors.
The acquisition by Veritas Capital marks a strategic move to strengthen Frontgrade Technologies’ position in the market. Veritas Capital is a leading technology investor focusing on companies that provide essential products and services to government and commercial markets. Their investment philosophy emphasizes transforming businesses through strategic growth, leveraging organic innovation and acquisitions. Veritas has a strong track record of driving advancements in critical sectors such as healthcare, education, homeland security, and government-influenced industries.
With this transition, Frontgrade Technologies is poised to expand its mission-critical product offerings and accelerate growth. The company aims to enhance its technological solutions to better support its customers in the space and defense domains. By building on its legacy of innovation and reliability, Frontgrade intends to solidify its reputation as a trusted provider of advanced technologies that enable successful missions in challenging environments.
This rebranding represents a commitment to future growth and innovation, ensuring that Frontgrade Technologies continues to meet the evolving needs of its customers and partners. Through Veritas Capital’s support, the company is set to achieve new milestones and maintain its leadership in the space and defense industries.
