Transactions

January 10 2025

KippsDeSanto & Co. advises Numerica Corporation on its asset sale to Anduril Industries

KippsDeSanto & Co. is pleased to announce the asset sale of its client, Numerica Corporation (“Numerica” or the “Company”) to Anduril Industries (“Anduril”), a leading defense technology company committed to transforming U.S. and allied military capabilities with advanced technologies.

Headquartered in Fort Collins, CO, Numerica is a leading developer of software and hardware systems used in air and missile defense, counter-small unmanned aircraft systems (“C-sUAS”) and active protection systems (“APS”) solutions. Numerica’s team of highly-specialized and credentialed mathematicians, scientists, and multi-disciplinary engineers have developed a core technology suite of advanced algorithms enabling sensor fusion / target tracking, edge command and control, radar systems, and battle management to support the rapid global deployment of integrated sensors and weapon systems capable of maximum engagement across a fully-integrated environment. The Company’s deep technical expertise is complemented by a best-in-class technology portfolio comprised of both software and hardware solutions.

The asset sale to Anduril reflects the increasing demand for innovative and integrated solutions across the threat landscape that combine artificial intelligence (“AI”), autonomous systems, and real-time sensor fusion to address continuously evolving threat vectors. With the addition of Numerica’s advanced technical expertise, integrated capabilities, and robust solutions portfolio, Anduril can further enhance its own portfolio of AI-powered defense systems to deliver transformative, multi-domain solutions in furtherance of critical national security objectives.

This transaction highlights several key trends in the aerospace and defense M&A market:

• Significant value placed on advanced technical expertise dedicated to next-generation technologies aligned with key modernization priorities

• Increased market demand for highly advanced radar and sensor fusion / processing that enables sophisticated air and missile defense solutions, particularly for cUAS and APS applications

• Strong desire for established customer relationships and embedded positioning on signature programs boasting significant visibility and secure funding

• Buyers with strategic growth initiatives and deep industry knowledge willing to pay excellent valuations for differentiated assets

LEAD INVESTMENT BANKERS

banker-photo

Michael J. Misantone

Contact Michael
banker-photo

Nathan C. Wilson

KippsDeSanto & Co. is pleased to announce the asset sale of its client, Numerica Corporation (“Numerica” or the “Company”) to Anduril Industries (“Anduril”), a leading defense technology company committed to transforming U.S. and allied military capabilities with advanced technologies.

Headquartered in Fort Collins, CO, Numerica is a leading developer of software and hardware systems used in air and missile defense, counter-small unmanned aircraft systems (“C-sUAS”) and active protection systems (“APS”) solutions. Numerica’s team of highly-specialized and credentialed mathematicians, scientists, and multi-disciplinary engineers have developed a core technology suite of advanced algorithms enabling sensor fusion / target tracking, edge command and control, radar systems, and battle management to support the rapid global deployment of integrated sensors and weapon systems capable of maximum engagement across a fully-integrated environment. The Company’s deep technical expertise is complemented by a best-in-class technology portfolio comprised of both software and hardware solutions.

The asset sale to Anduril reflects the increasing demand for innovative and integrated solutions across the threat landscape that combine artificial intelligence (“AI”), autonomous systems, and real-time sensor fusion to address continuously evolving threat vectors. With the addition of Numerica’s advanced technical expertise, integrated capabilities, and robust solutions portfolio, Anduril can further enhance its own portfolio of AI-powered defense systems to deliver transformative, multi-domain solutions in furtherance of critical national security objectives.

This transaction highlights several key trends in the aerospace and defense M&A market:

• Significant value placed on advanced technical expertise dedicated to next-generation technologies aligned with key modernization priorities

• Increased market demand for highly advanced radar and sensor fusion / processing that enables sophisticated air and missile defense solutions, particularly for cUAS and APS applications

• Strong desire for established customer relationships and embedded positioning on signature programs boasting significant visibility and secure funding

• Buyers with strategic growth initiatives and deep industry knowledge willing to pay excellent valuations for differentiated assets

LEAD INVESTMENT BANKERS

banker-photo

Michael J. Misantone

Contact Michael
banker-photo

Nathan C. Wilson