The Jordan Company L.P. Closes Recapitalization of Innoflight in Partnership with Management
The Jordan Company L.P. (TJC) announced that one of its affiliates has closed a strategic investment in Innoflight Holdings, LLC (Innoflight).
Founded in 2004 and headquartered in San Diego, CA, Innoflight is a leading provider of compact, software-defined, cyber-secure and integrated satellite avionics, establishing secure end-to-end connections for satellite-to-satellite and satellite-to-ground space networking and communications. Led by Founder, President and CEO Jeff Janicik, Innoflight has built a reputation in the growing satellite market for its focus on advanced solutions while reducing development timeline and ultimately cost.
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“We are excited to partner with TJC,” said Jeff Janicik. “With their support, we will continue to serve the best-in-class space customers through innovation by investing in product design and development efforts and delivering the highest level of service and reliability.”
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“We are thrilled to be partnering with Jeff Janicik and the entire Innoflight team,” said Erik J. Fagan, a Partner at The Jordan Company, L.P. “Innoflight has a strong culture of innovation focused on developing its technology portfolio and a mission to bring reliable and secure communications capabilities to its deep customer relationships. We look forward to supporting the company during this exciting time in their markets.”
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