WASHINGTON — Geost, a company that supplies space surveillance sensors to the U.S. military and intelligence agencies, has been acquired by ATL Partners, a private equity firm.
The value of the acquisition, announced Aug. 19, was not disclosed. Josh Hartman, vice president and general manager of Geost, said the investment is significant and will allow the company to expand its manufacturing and engineering capacity.
ATL’s portfolio includes companies in aerospace, transportation and logistics
Geost is based in Tucson, Arizona, and in the Washington, D.C., area. The company, founded in 2004, makes electro-optical and infrared sensors for satellites and ground-based surveillance systems. The company provides hardware for the Ground-Based Electro-Optical Deep Space Surveillance (GEODSS) system used by the U.S. Space Force to track deep space objects.
“These markets are experiencing rapid growth as the United States increases its focus on new architectures to enhance the survivability and resiliency of its national security space assets,” said ATL partner Sanjay Arora.