• Thu. Apr 25th, 2024

CTI Acquires Asymmetric Technologies to Enhance Product Portfolio and Technology Capabilities for National Security Customers

BySamantha Nguyen

Apr 2, 2024
Jay Moorman Quoted as Bluestone-Backed CTI Acquires Asymmetric Technologies

Asymmetric Technologies, founded in 2011 and specializing in open-source technologies, flight controllers, and waveform technologies tailored to meet the specific needs of national security and DOD clients, has recently been acquired by Chesapeake Technology International (CTI). This acquisition is expected to enhance CTI’s product portfolio and technology capabilities to better serve Department of Defense and national security customers.

By integrating Asymmetric’s IronClad and Whisper systems into its offerings, CTI aims to provide more comprehensive software and purpose-built hardware products to its customers. This move reflects CTI’s commitment to investing in its business to address the evolving national security landscape. CEO Jay Moorman expressed excitement about the new opportunities this acquisition will bring to the company.

As a portfolio company of Bluestone Investment Partners, a private equity firm focused on middle-market businesses in the defense and government services sector, CTI is well-positioned to provide cutting-edge solutions to its customers. This transaction marks CTI’s second investment in delivering new platforms to meet the unmanned aircraft system requirements of the DOD.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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