LMI, a consulting firm to the U.S. government, agreed to acquire Synaptech, a supplier of AI, software and and operational analysis services, to enter the commercial space industry. Terms were not disclosed.
The acquisition of Synaptech will help LMI in its mission of “growing market access” in the space sector, LMI spokesperson Robin Milton told Defense News. The company viewed Synaptech as a promising acquisition due to its clients, which include the Space Force, and its modeling and simulation capabilities, along with its proprietary Raptr software.
LMI acquires Synaptech to enter fast-growing space business (defensenews.com)
