Asymmetric Technologies Acquired by Bluestone-Backed CTI; Jay Moorman Provides Comment

CTI Acquires Asymmetric Technologies to Expand Unmanned Aircraft System Capabilities in National Security

Asymmetric Technologies, a company established in 2011 and specializing in open-source technologies, flight controllers, and waveform technologies designed for mission-specific requirements of national security and DOD clients, has recently been acquired by Chesapeake Technology International (CTI). This acquisition expands CTI’s range of products and capabilities to better meet the edge communications and flight autonomy needs of Department of Defense and national security customers.

CTI CEO Jay Moorman stated that this acquisition will strengthen their ability to provide comprehensive software and purpose-built hardware products and solutions to their customers. This move reaffirms their strategy to invest in their business to address the evolving needs in national security. As a result of the acquisition, CTI will be incorporating Asymmetric’s IronClad and Whisper systems into their product portfolio.

This acquisition marks CTI’s second investment in the delivery of new platforms to meet the unmanned aircraft system requirements of the DOD. CTI is a portfolio company of Bluestone Investment Partners, a private equity firm that specializes in targeting middle-market businesses in the defense and government services sector.

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