LMI Expands Presence in Space Industry by Acquiring Synaptech

“LMI and Synaptech share the same vision, culture, and passion for creating innovative, mission-focused solutions that make this partnership a perfect match. The combination of LMI’s incredible talent, resources, and rich history of proven performance throughout the DoD, paired with Synaptech’s knowledge and extensive experience in the space domain will yield tremendous results for our customers within the national security space industry for years to come,” said Zac Gorrell and Elias Peroulas, CEO, CTO and co-founders of Synaptech who will lead LMI’s space business moving forward.

Mr. Wagoner said, “We are excited to welcome Synaptech’s employees, the best and brightest in the space industry, to the LMI team where they will find colleagues just as passionate about applying technology to solve our nation’s greatest challenges. Chartered by President Kennedy in 1961 at the dawn of the space race, it is fitting that LMI is now entering the space marketplace to support a renewed space race where adversaries seek to disrupt and disable our dominance in space.”  

Mr. Wagoner also stated, “To help our customers innovate at the pace of need, one must understand all discrete and interdependent operational domains from the sea floor and sea surface, to ground, air, cyber, and space. The acquisition of Synaptech enables LMI total multi-domain awareness at scale.”

In addition to LMI’s 60-plus years of partnership with the federal government, Synaptech brings an expansive record of operating with speed and agility to efficiently integrate people, processes, and technologies to solve customers’ most complex challenges with an operationally relevant timeframe.  

KippsDeSanto & Co. served as exclusive financial advisor to Synaptech.