Private equity firm Branford Castle Partners has acquired Hoffman Engineering from Trident Maritime Systems, a portfolio company of J.F. Lehman & Co. ’s investment affiliates for an undisclosed sum.
High-performance marine lighting and safety technology developed by Exposure Marine, sister brand of Exposure Lights and part of the USE Group, is now being used by Severn Area Rescue Association ...
However, the company has made clear its intent is to compete for the second phase of NASA’s Commercial Low Earth Orbit Destinations, or CLD, program as part of the agency’s ISS transition efforts.