Space-Eyes Expands Defense and Maritime Capabilities with Exclusive Option to Acquire KMS Solutions, a Leading U.S. Navy Engineering Services Provider

Space-Eyes has secured an exclusive option to acquire 100% of KMS Solutions, LLC, a U.S. Navy engineering services provider, as part of an effort to expand its defense and maritime technology capabilities. The deal is contingent on Space-Eyes' proposed McKinley SPAC merger.

Miami, Florida (GLOBE NEWSWIRE) -- On August 26, Space-Eyes, Inc., a provider of next-generation geospatial intelligence and AI-enabled technologies for defense, security and enterprise operations worldwide, announced that it has entered into a purchase option agreement providing Space-Eyes the exclusive right to acquire 100% of KMS Solutions, LLC.

Founded in 2005, KMS is an ISO 9001:2015-certified systems engineering services company specializing in Navy in-service and developmental systems, components and payloads, providing cradle-to-grave engineering and life cycle support for the U.S. Navy submarine force.

"Space-Eyes has spent several years building an AI-driven technology platform designed to help customers detect, understand and respond to increasingly complex threats," said Capt. Jatin Bains, CEO and founder of Space-Eyes. "KMS would add highly complementary capabilities: decades of Navy engineering experience, mission knowledge and lifecycle-support expertise. We believe the combination with KMS will create a stronger defense technology platform bringing together innovative software and AI capabilities with the engineering discipline and operational understanding required to address real-world defense requirements."

"KMS has built its reputation by understanding our customers' missions and delivering engineering solutions with consistency, technical rigor and integrity," said JP Heatherington, chief executive officer of KMS. "We see considerable potential in combining that experience with Space-Eyes' emerging technology capabilities."

Space-Eyes and KMS have already teamed to receive a participant basic agreement to join the Next Generation Undersea Security Initiative consortium, a Strategic Systems Program effort focused on submersible operations.

Source: McKinley Acquisition Corporation / Space-Eyes, Inc.