XST

Hastings Equity Partners Invests in XS Telecom

Retrieved on: 
Tuesday, January 11, 2022
Telecom, Human, Fortune 500, Safety, Growth, MidCap Advisors, Solution, Automation, Consultant, View, Multimedia, LLC, MKD, Engineering, XST, Acquisition, Financial adviser, Network equipment

ELGIN, Ill., Jan. 11, 2022 /PRNewswire/ -- Hastings Equity Partners ("Hastings") announced that its portfolio company, MKD Electric, LLC ("MKD"), a full-service industrial automation and electrical service platform, is pleased to announce its investment in XSTele.com, LLC ("XS Telecom").

Key Points: 
  • ELGIN, Ill., Jan. 11, 2022 /PRNewswire/ -- Hastings Equity Partners ("Hastings") announced that its portfolio company, MKD Electric, LLC ("MKD"), a full-service industrial automation and electrical service platform, is pleased to announce its investment in XSTele.com, LLC ("XS Telecom").
  • This is the third investment MKD has completed since Hastings Equity Partners, a private equity firm focused on investing in lower middle market businesses, acquired MKD in January 2021.
  • XS Telecom has a talented management team and a dedicated employee base of manufacturer-certified engineers, IT consultants, and technicians who provide end-to-end solutions for XS Telecom's growing customer base.
  • Graycliff Partners LP provided financing to MKD, and XS Telecom was advised by MidCap Advisors, LLC.

Xplore Receives $2M Contract from NSIC to Accelerate Xcraft Platform Development

Retrieved on: 
Tuesday, September 21, 2021
Lightcraft, Goal, Defense Innovation Unit, Solution, NSIC, Department of Defence, XST, LEO, Environment, National, Program, Family, United States Department of Defense, Acción, Moon, Government, COO, U.S. Department of Defense Strategy for Operating in Cyberspace, Department, Communications satellite

This funding will accelerate the development of the Xcraft spacecraft platform, culminating with launch in 2023.

Key Points: 
  • This funding will accelerate the development of the Xcraft spacecraft platform, culminating with launch in 2023.
  • Lisa Rich, Founder and COO of Xplore said, "The significant funding NSIC has provided ensures U.S. government and commercial customers will have speedy access to our affordable Xcraft platform.
  • We appreciate this investment in Xplore and are proud to be a trusted non-traditional defense contractor for NSIC."
  • Xplore's standard Xcraft high-performance, high reliability ESPA-class platform provides hosting and other services for a wide variety of customers and payloads.

Xplore and W. M. Keck Observatory announce innovative collaboration

Retrieved on: 
Tuesday, September 14, 2021
Moon, W. M. Keck Observatory, Education, Science, Association, University of California Observatories, Observatory, Island, University, National Aeronautic Association, NASA, California Institute for Telecommunications and Information Technology, XST, Space, LEO, W. M. Keck Foundation, Imagination, Astronomy, Environment, Solution, Native Hawaiians, Service, Partnership, Lightcraft, Time, Goal, Student, Telescope

The Keck Observatory, the world's leading optical/infrared observatory, will assist Xplore in concept development and science case definition for the company's family of Xplore Space Telescopes (XST).

Key Points: 
  • The Keck Observatory, the world's leading optical/infrared observatory, will assist Xplore in concept development and science case definition for the company's family of Xplore Space Telescopes (XST).
  • The collaboration with the Keck Observatory will help align the observational capabilities of the XSTs with the needs of the astronomical community.
  • Partnering with Keck Observatory allows Xplore to advance its mission to accelerate space science by adding value and access to the astronomical community."
  • An added benefit from the Xplore and Keck Observatory association will be the value of Xplore's space telescopes to education.