AE Industrial Partners
Private equityBoca Raton · Growth–Late Stage · 3 people tracked
Find your way into AE Industrial Partners
7 people in our graph share verified history with the AE Industrial Partners team — schools, employers, funds. One of them is your warm intro.
Investment thesis
AE Industrial Partners pursues a focused, thematic investment strategy concentrated in its target markets, notably aerospace and defense. It selects investment themes it believes offer strong growth potential and backs companies with differentiated capabilities and defensible market positions. The firm balances organic and acquisition-based growth to drive long-term value, emphasizing partnership and alignment among the firm, management teams, and investors. It highlights integrity, a track record of closing deals, and support for portfolio company culture, offering strategic, operational, and technical resources alongside an experienced advisory board. Its approach is deliberately flexible, adapting to the unique characteristics of each investment and the needs of all stakeholders.
Source: firm website, verified Sep 15, 2026.
Team · 3 people
from public directoriesWhat they invest in
from 35 of 58 portfolio companiesDefense Tech ×20Hardware ×15Advanced Manufacturing ×13Enterprise Software ×8Deep Tech ×7Space Tech ×7AI & Machine Learning ×6Energy ×6
HQs:United States×27United Kingdom×2Spain×1
Investments · 58 tracked
founders shown can be your intro pathBy year:2025 · 12023 · 12022 · 42021 · 12018 · 12016 · 12015 · 110 dated
Firefly Aerospace launches, lands, and operates space systems spanning Earth orbit to the Moon and cislunar space, serving customers such as commercial companies, NASA, and the U.S.
Deep TechDefense TechSpace TechLeander, US
Thomas Markusic(Director)inThomas E. Markusic(Chief Executive Officer and Director)inEric Salwan(Founder)inJason Kim(Chief Executive Officer; Board Member)inRussell Shea Ferring(Senior Vice President and Chief Technical Officer)Daniel Fermon(Senior Vice President and Chief Operating Officer)
Co-investorsCapital FactoryNoosphere VenturesRepublic Capital (ex Republic Labs)Rpm Ventures Iii Management, L.L.C.BGW Ventures
York Space Systems designs and manufactures satellite platforms, spacecraft components, and ground infrastructure for operating large constellations, targeting defense and government missions.
Defense TechHardwareSpace TechDenver, US
Dirk Wallinger(Director)inKevin Messerle(Chief Financial Officer)Monica Palko(Chief Legal and Administrative Officer)Devjyoti Rudra(Chief Supply Chain Officer)
BoardRobert Assenmacher(Director)Willam Bonner(Director)
Co-investorsCentral Texas Angel NetworkRepublic Capital (ex Republic Labs)Space CapitalBlackRock
AIM MRO supplies materials and coatings for aerospace maintenance, repair, and overhaul, including diffusion braze materials, vapor and thermal spray coatings, wires, masking, and solid film lubricants.
Advanced ManufacturingEnterprise SoftwareHardwareLogistics & Supply ChainNew MaterialsGreenville, US
Scott Wandtke(President & CEO)in
Co-investorsBoeing HorizonX Ventures
ALL.SPACE develops satellite communication terminals and software that enable simultaneous connections to multiple military and commercial satellite networks.
Deep TechDefense TechHardwareSpace Tech
Paul McCarter(Chief Executive Officer)inJohn-Paul Szczepanik(Chief Technology Officer)in
Co-investorsIn-Q-Tel
Altus provides fire alarm systems, sprinkler services, fire suppression equipment, fire extinguishers, and life safety solutions for building safety and emergency response.
Construction TechDefense TechEnterprise SoftwareHardwareHealthtechClinton, US
Cary B. Woodin
Co-investorsApax
Fortem Technologies builds counter-unmanned aerial systems (C-UAS), including TrueView radars, DroneHunter interceptors, and SkyDome Manager software, integrated into the end-to-end SkyDome System for detecting and defeating unauthorized drones.
AI & Machine LearningDefense TechHardwareRoboticsPleasant Grove, US
Timothy Bean(Executive Officer, Director)inAdam Robertson(Executive Officer, Director)in
BoardMatt Ocko(Director)inEd Cluss(Director)inIbrahim Ajami(Director)
Co-investorsDCVC (Data Collective)Signia Venture PartnersCapital FactoryKyber Knight CapitalNew Ground VenturesLockheed Martin Ventures
Global Jet Capital provides aircraft financing and asset management services exclusively for the business aviation market.
Fintech
Vivek Kaushal(Chief Executive Officer)in
BoardShawn Vick(Chairman)
Co-investorsKohlberg Kravis RobertsBoeing HorizonX Ventures
Moeller Aerospace machines flight-critical turbine engine components and complex parts for major aerospace original equipment manufacturers and engine programs.
Advanced ManufacturingDeep TechDefense TechHardwareSpace Tech
Co-investorsBoeing HorizonX Ventures
Alpine Air Express operates a regional on-demand air-cargo business transporting mail, packages, and time-sensitive cargo throughout the western United States, serving major clients including USPS and UPS.
HardwareLogistics & Supply ChainProvo, US
Co-investorsBoeing HorizonX Ventures
American Pacific Corporation manufactures specialty chemicals and materials for industrial customers.
Advanced ManufacturingDefense TechNew MaterialsSpace TechCedar City, US
Applied Composites manufactures and engineers composite structures for aerospace applications, including airframes, engines, defense systems, launch vehicles, and satellites.
Advanced ManufacturingDefense TechNew MaterialsBrea, US
Co-investorsBoeing HorizonX Ventures
Air Transport Components repairs and overhauls components and accessories for commercial and military aircraft through in-house engineering, quality control, and refinishing operations.
Advanced ManufacturingDefense TechHardwareGilbert, US
Belcan is a global supplier of design, software, manufacturing, supply chain, and digital engineering solutions for the aerospace, defense, space, government, automotive, and industrial sectors.
Advanced ManufacturingDefense TechEnterprise Software
Saurabh(CEO)Lance(Former CEO)
Co-investorsBoeing HorizonX Ventures
BHI Energy provides energy infrastructure services including renewables (solar and wind maintenance), specialty welding, and industry training.
CleantechEnergy
Dean Magliozziin
Co-investorsEnergy Impact Partners
BigBear.ai provides decision intelligence solutions for supply chains, logistics, enterprise operations, autonomous systems, and cybersecurity, serving defense, intelligence, manufacturing, and homeland security sectors.
AI & Machine LearningCybersecurityData & InfrastructureDefense TechEnterprise SoftwareGovTech
Blue Raven is a supply chain partner serving the aerospace and defense industries, offering end-to-end solutions through specialized sourcing and authorized distribution.
AI & Machine LearningB2B MarketplacesDefense TechLogistics & Supply Chain
Calca Solutions manufactures high-purity Hydrazine, a specialty chemical used in aerospace, defense, pharmaceuticals, and water treatment applications.
Advanced ManufacturingDefense TechEnergyLake Charles, US
Co-investorsBoeing HorizonX Ventures
G.S.
Advanced ManufacturingDefense TechHardwareBrattleboro, US
George Schneeberger
Hypori provides a mobile access platform that streams pixels rather than data, giving employees secure virtual access to enterprise apps and information from personal devices without MDM or software that compromises personal privacy.
CybersecurityDefense TechEnterprise SoftwareAustin, US
Justin Marston(Executive Officer, Director)Brian Vetter(Executive Officer, Director)Jared Shepardin
BoardSimon Yoo(Director)inRichard E Anderson(Director)
Co-investorsGreatPoint VenturesGreen Visor Capital
Immfly provides digital onboard solutions for airlines, focused on the in-flight passenger experience for the air travel industry.
HardwareMedia & EntertainmentSaaSTravel & HospitalityBarcelona, ES
Pablo Linz(CEO and Co-founder)inJimmy M. von Korff(Executive Chairman and Co-founder)in
Co-investorsBoeing HorizonX VenturesCriteria Venture TechEncomenda VCCaixa Capital
Kellstrom Aerospace provides aftermarket aviation lifecycle solutions and services for the commercial engine market.
Advanced ManufacturingLogistics & Supply ChainDavie, US
Co-investorsBoeing HorizonX Ventures
Pangiam develops biometric identity verification and threat detection products for travel, aviation security, border management, and public safety.
AI & Machine LearningCybersecurityData & InfrastructureDefense TechDeveloper ToolsEnterprise SoftwareGovTech
Kevin McAleenan(Chief Executive Officer, Board Member)in
Co-investorsBoeing HorizonX VenturesScout VenturesScout Ventures
Phyco Bloom uses synthetic biology to engineer algae that capture carbon dioxide and convert it into oil for use as a sustainable fuel or plastic feedstock.
BiotechCleantechEnergyLondon, GB
John Waite(CEO)inIan Hu(CTO)in
Co-investorsEntrepreneur FirstZero Carbon CapitalBoxOne Ventures
Powder Alloy manufactures thermal spray powders for industrial applications, serving customers with specific material and coating requirements.
Advanced ManufacturingHardwareNew MaterialsCincinnati, US
Co-investorsBoeing HorizonX Ventures
REDLattice is a U.S.-owned defense technology company that develops cyber solutions and tools for the intelligence community, law enforcement, and military organizations.
AI & Machine LearningCybersecurityDeep TechDefense Tech
Co-investorsBoeing HorizonX Ventures
Redwire is an integrated aerospace and defense company building space infrastructure, autonomous aircraft, and multi-domain operations technology using digital engineering and AI automation.
Defense TechHardwareSpace Tech
Co-investorsIndustrious VenturesSpaceFund
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Resolute Industrial operates multiple business units across the HVACR (heating, ventilation, air conditioning, refrigeration) and power industry, offering services including remanufacturing, sales, and equipment rentals.
Advanced ManufacturingEnergyHardware
Robot Morning builds software tools for suppliers in the aerospace supply chain, automating the movement of supply chain data and generating insights to improve communication between customers and suppliers.
Advanced ManufacturingLogistics & Supply ChainSaaSCincinnati, US
Dan Beach(Director)inEmmeram Morning(Founder)inBryan McElwee(Director)Joy Martin(Director)Lance Kwasniewski(Director)Bruce Maxwell(Director)
Tonka Bay-backed manufacturer of custom high-performance industrial paints and coatings, concrete treatments, sealants and decorative-concrete systems operating through the Fenix family of brands.
Minnetonka, US
Todd Schroeder(Former Chief Executive Officer; transition adviser)Edward O'Connor(Executive Officer)Peter Kirton(Chief Executive Officer)Bryan Ulin(Chief Financial Officer)inRaymond Torres(Former Chief Executive Officer)
BoardTom Adamson(Manager)
Co-investorsBenchmarkCoatue ManagementGeneral AtlanticGreenoaksICONIQMUFG+2 more
Space company developing the Dream Chaser commercial spaceplane and the LIFE habitat for a next-generation LEO space station.
Broomfield, US
Fatih Ozmen(Director)inEren Ozmen(Director)inDan Jablonsky(Executive Officer, Director)inTroy Lahr(Executive Officer)inKelly Garehime(Executive Officer)
BoardCyrus Behbehani(Director)
Co-investorsBoeing HorizonX VenturesCoatue ManagementIndustrious Ventures
Solairus Aviation manages a fleet of over 150 business jets and provides aircraft management and private charter services for clients globally.
Enterprise SoftwareMobility & TransportationTravel & HospitalitySan Francisco Bay Area, US
Dan Drohan(Founder and CEO)inGreg Petersen(Chief Operating Officer)in
Co-investorsBoeing HorizonX Ventures
ThayerMahan develops autonomous maritime surveillance and ocean intelligence systems for undersea and offshore monitoring, serving national security and commercial offshore operations.
Deep TechDefense TechHardwareMystic, US
Michael J Connor(Executive Officer, Director)Richard Hine(Executive Officer, Director)in
BoardMordecai Schaja(Director)John Kao(Director)
Co-investorsBoeing HorizonX VenturesConnecticut InnovationsRiverPark VenturesHanwha Asset ManagementI Squared Capital
United Building Solutions provides mechanical, controls, and energy services to the building industry, operating as a consolidation platform in a fragmented market.
Construction TechEnergyEnterprise SoftwarePropTech
Yingling Aviation is a full-service maintenance, repair, and overhaul (MRO) and FBO facility serving general aviation customers, with capabilities across a range of airframes and avionics systems.
Advanced ManufacturingMobility & TransportationSpace TechWichita, US
Co-investorsBoeing HorizonX Ventures
ZeroMatter is building a scalable simulation platform with extensible tooling aimed at making simulation more accessible for solving real-world problems.
AI & Machine LearningDeep TechRoboticsSaaS
Ian Glow(Founder)in
Co-investorsCatapult VenturesCategory VenturesPebblebedSpark CapitalMana Ventures
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Air Transport Components (ATC)AlpineAltusAmbitAmerican Pacific CorporationBHI EnergyBlue Raven SolutionsCASECDICdiengineeringsolutionsColumbia HelicoptersConsultwithcaseEdge AutonomyFireflyGamma AlloysGryphon TechnologiesPowder Alloy Corporation (PAC)Redwire CorporationRocketdyneSeanairUnited Building Solutions
Exits · 2
IPOs and acquisitions across the tracked portfolioFirefly AerospaceNASDAQ: FLYYork Space SystemsNYSE: YSS
Portfolio news
latest coverage across their companies
Fortem Technologies · washingtontechnology.com · Apr 22, 2026
Zeromatter · hnvr.medium.com · Apr 9, 2026
Sierra Holding · techcrunch.com · Sep 5, 2025
Phycobloom · trysignalbase.com · Jul 9, 2025
Fund performance · per public LP disclosures · 4
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| AE Industrial Partners Fund III, L.P.LPs: Los Angeles County Employees Retirement Association, New Mexico Educational Retirement Board | 2023 | — | 29.6% | 1.49x | 0.09x |
| AE Industrial Partners Extended Value Fund, L.P.LPs: New Mexico Educational Retirement Board | 2021 | — | 0.2% | 1.01x | 0.78x |
| AE Industrial Partners Fund II, L.P.LPs: Los Angeles County Employees Retirement Association, New Mexico Educational Retirement Board, Contra Costa County Employees' Retirement Association | 2018 | — | — | 2.08x | 0.86x |
| AE Industrial Partners Fund I, L.P.LPs: New Mexico Educational Retirement Board | 2015 | — | 8.4% | 1.36x | 1.08x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
IPO stake values · per SEC filings · 2
Value of this firm's stake in each portfolio company at its IPO price, from the prospectus principal-stockholder table.
| Company | Owned | IPO price | At IPO | Stake value |
|---|---|---|---|---|
| Firefly Aerospace | 40.9% | $45.00 | Aug 2025 | $2.6B |
| York Space Systems | 23.8% | $34.00 | Jan 2026 | $1B |
Source: SEC S-1 / 424B prospectus filings. Stake value = shares beneficially owned × the initial public offering price, as disclosed — a market value at IPO, not a return multiple (the firm's original cost is not disclosed).
Frequently asked questions
- How many investments has AE Industrial Partners made?
- AE Industrial Partners has 49 tracked investments.
- What stage does AE Industrial Partners invest at?
- AE Industrial Partners invests at the Growth, Late Stage stages.
- What sectors does AE Industrial Partners focus on?
- AE Industrial Partners focuses on Advanced Manufacturing, AI & Machine Learning, Cybersecurity, Defense Tech, Energy, New Materials, Space Tech.
- Where is AE Industrial Partners located?
- AE Industrial Partners is headquartered in Boca Raton, US.
- Who does AE Industrial Partners co-invest with?
- AE Industrial Partners most often shares deals with Boeing HorizonX Ventures, Industrious Ventures, Republic Capital (ex Republic Labs), among 16 tracked co-investors.
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