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Newly-launched space firm names new CEO

Private equity firm AE Industrial Partners has appointed one of its operating partners in Peter Cannito as chairman and CEO of Redwire, a space technology company AEI launched earlier this month.

AEI formed Redwire by combining portfolio companies Adcole Space and Deep Space Systems to create a more formidable bidder for opportunities in what they call the next-generation space architecture.

Cannito joined the investment firm last year and is a former CEO of Polaris Alpha, the defense technology integrator he led through its sale to Parsons Corp. in 2018.

About the Author

Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at rwilkers@washingtontechnology.com. Follow him on Twitter: @rosswilkers. Also find and connect with him on LinkedIn.

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