Engine Subsystems Supplier Five Axis Acquired by Karman Space & Defense
Adds Complementary and Highly Technical Capabilities to the Karman Platform
Karman Space & Defense has announced its acquisition of Five Axis Industries for $83 million in cash and approximately $5 million of Karman common shares. The transaction closed on October 28, 2025. Five Axis manufactures highly engineered products for commercial space engines, which includes spun form nozzles, gaseous oxygen systems, and fluid control technologies.
“This acquisition strengthens our core competency in the engineering and manufacturing of mission-critical subsystems for the space market.”
Tony Koblinski, Karman Space & Defense
Founded in 2002 and based in Arlington, Washington, Five Axis has developed a proprietary portfolio of technically complex products and capabilities with deep expertise in complex nozzles and other highly engineered products for launch vehicle engine applications. Five Axis’ products serve a critical role in optimizing engine performance and operate in highly corrosive, ultra-high-temperature propulsion environments.
“This acquisition strengthens our core competency in the engineering and manufacturing of mission-critical subsystems for the space market,” said Tony Koblinski, chief executive officer of Karman Space & Defense. “Five Axis is a unique asset within the space supply chain whose proven expertise and successful track record in proprietary engine products is a natural extension of the Karman platform. Their customer and program relationships create compelling opportunities to accelerate our growth and create shareholder value.”
“We welcome the talented members of Five Axis to the Karman team. We look forward to working together to deliver even more value to our customers as we continue executing on our mission to be the nation’s leading merchant supplier of advanced space and defense technologies,” Mr. Koblinski added.
On October 24, 2025, Karman increased the size of its existing $375 million Term Loan B to $505 million primarily to fund the acquisition of Five Axis and pay off its revolving credit facility.