CACI International Inc (NYSE: CACI) announced today that it has completed its acquisition of SA Photonics, Inc., a provider of innovative multi-domain photonics technologies for free-space optical (FSO) communications.
CACI’s Photonic Solutions group has decades of leadership in photonic design services, product development, and delivery of FSO communications and light detection and ranging (LiDAR) sensing solutions. With the complementary acquisition of SA Photonics and recent key wins with NASA, the Intelligence Community (IC), and the proliferated low-earth-orbit (LEO) market, the combined portfolios bring a rare alliance of research and development (R&D) innovation and scaled manufacturing capabilities.
Together, CACI’s Photonic Solutions and SA Photonics will address a broader market spanning high-end manned flight programs to the value based proliferated LEO market that the Space Development Agency (SDA) and the U.S. Space Force are seeking. CACI will offer the most advanced photonics engineering and manufacturing capabilities in the U.S. by adding two major facilities in California and Florida to its existing footprint in New Jersey.
John Mengucci, CACI President and Chief Executive Officer, said, “Together, our combined transformative technology and advanced manufacturing enables us to deliver innovation in laser communications for customers ranging from national security to human spaceflight and across all domains.”
Gibson, Dunn & Crutcher served as legal counsel to CACI in the transaction. Jefferies LLC served as exclusive financial advisor to SA Photonics and King & Spalding LLP served as legal advisor in connection with the transaction.