SciTec, Inc. is a U.S.-based small business and non-traditional defense contractor specializing in delivering advanced sensor data processing technologies and scientific instrumentation for national security and defense. They develop remote sensing systems, mission data processing solutions, and aircraft countermeasure test equipment. SciTec is known for its expertise in Overhead Persistent Infrared (OPIR) sensor systems engineering and data exploitation, with major customers including the U.S. Space Force, Department of Defense, and intelligence communities.
All verified mentions of this organization in source documents.
Firefly Aerospace completed its approximately $855 million acquisition of SciTec, a firm specializing in remote sensing and data processing solutions.
The purchase price for SciTec, Inc. included a combination of cash and Firefly common stock.
Firefly Aerospace has successfully completed its acquisition of SciTec, Inc., which specializes in advanced national security technologies.
SciTec operates as a Firefly subsidiary, maintaining independent management under CEO Jim Lisowski while reporting to Firefly's CEO.
Firefly Aerospace integrates additional data centers and mission operation centers with the acquisition of SciTec.
With the acquisition of SciTec, Firefly gains classified infrastructure at six strategic locations.
Firefly Aerospace acquired SciTec, enhancing its portfolio with AI-enabled defense software.
SSC selected SciTec in August 2022 to deliver next-generation mission data processing applications for Missile Warning following a 12-month prototype competition.
On October 6, 2023, SciTec announced its intent to be acquired by Firefly Aerospace, with closing anticipated in the fourth quarter of 2025.
In March 2023, SSC tasked SciTec to add sensor-specific processing applications after a nine-month competitive fly-off.
Earlier in 2023, SciTec received the Enterprise OPIR System contract to complete the FORGE Framework, integrating these elements for Operational Application #2.
SciTec executes the FORGE program primarily from its software factory in Boulder, Colorado.
The SciTec acquisition package includes $300 million in cash and $555 million in Firefly shares issued to SciTec owners at a price of $50 per share.
The acquisition of SciTec is expected to close by the end of 2025, subject to regulatory approvals.
The acquisition of SciTec will advance Firefly's space services by adding defense software analytics, remote sensing, and data expertise.
SciTec's capabilities include missile warning, tracking and defense, intelligence, surveillance and reconnaissance, and autonomous command and control.
Firefly Aerospace has reached a definitive agreement to acquire national security technology company SciTec, Inc. for approximately $855 million.
Firefly Aerospace has reached a definitive agreement to acquire national security technology company SciTec, Inc. for approximately $855 million.
The acquisition package includes $300 million in cash and $555 million in Firefly shares issued to SciTec owners at a price of $50 per share.
SciTec's customers include the National Reconnaissance Office, the National Geospatial-Intelligence Agency, U.S. Space Systems Command, the Space Development Agency, and the Missile Defense Agency.