Private equity firm Cerberus Capital Management has completed its acquisition of Vivace, a spaceflight systems provider, after initially making a growth investment in the company in 2024. The transaction marks Cerberus's full ownership of the aerospace technology company, though financial terms of the buyout were not disclosed.

Vivace specializes in providing critical systems and components for space missions, serving both government and commercial clients in the expanding space industry. The company's technology portfolio includes propulsion systems, guidance components, and other essential hardware for spacecraft operations. Cerberus's initial investment last year positioned the firm to deepen its involvement in the aerospace sector.

The buyout reflects ongoing consolidation in the space technology industry as private equity firms seek opportunities in high-growth sectors. Cerberus's move to acquire full ownership suggests confidence in Vivace's market position and growth potential. The firm's aerospace investments align with broader industry trends of increased private sector participation in space exploration and satellite technology development.