Leonid Capital Partners

Leonid Capital Partners Expands Space & Defense Portfolio, Provides $1.7MM Term Loan to Canopy Aerospace Canopy is a material first, software-defined manufacturing company focused on solving the massive problem of thermal management for industries. The company is expanding industrial capacity of highly-engineered, complex materials and components that enable better performance of end-use systems in space, hypersonics, defense, semiconductors, and power electronics. Canopy works closely with aligned U.S. Government agencies to execute and support the Office of the Under Secretary of Defense for Research and Engineering's (OUSD-R&E) critical technology areas in advanced materials. “Canopy’s thermal protection systems support critical material capabilities needed that enable space and hypersonic flight applications,” said James Parker, Co-Founder of Leonid Capital Partners. “We are proud to collaborate with them as they deliver this cutting-edge and transformative technology to both government entities and private sector companies across the United States."

We've got some people on the road and in the mix next week. Jefferson Chang will be hitting Association for Corporate Growth (ACG) LA's M&A Socal 2024 in Beverly Hills. Samuel MacGregor will be holding down SoCal Deep Tech Week If you are going to be around at both or either, drop them a line and find time to meet up. #MASoCal #ACGLA #socaldeeptech

APPLICATIONS ARE OPEN! The Catalyst Accelerator Colorado Springs, in partnership with the U.S. Army DEVCOM Army Research Laboratory, is thrilled to announce our fourteenth cohort, Space-Based Joint Spectrum! Don’t miss out on this incredible opportunity. Applications will be open from September 9, 2024 – October 16, 2024. Visit our website to learn more and APPLY at the link below! https://lnkd.in/gCusFD8R The Colorado Springs Catalyst Accelerator is powered by the Air Force Research Laboratory and United States Space Force. #CASJS Shae Thomas l Allison Boothe l Alex Webb l Mo (Maureen March) Kanwischer l Joseph Marney l Hanson Finley l Skyler Hart l Dawn Conley l Catalyst Campus, Colorado Springs l Air Force Research Laboratory l United States Space Force l Gabe Mounce l U.S. Army DEVCOM Army Research Laboratory #innovate #space #based #joint #spectrum #CASJS

It was a beautiful day yesterday to finally officially establish Canopy Aerospace HQ in the heart of Douglas County as the newest advanced manufacturing company. Canopy develops highly-engineered, critical components and materials to advance performance capabilities of the industrial base in sectors such as space, defense, energy, and electronics. In the span of a year, we converted a drywall manufacturing facility to a premiere aerospace & defense manufacturing facility able to handle production of some of the most advanced materials and components. We had a great list of guest speakers who shared kind words on Canopy and their vision for the industry. Thanks to Mason Angel of Industrious Ventures for sharing his belief in our company and recognizing our accomplishments over the last year. We've secured $7.5M in U.S. Government Contracts in a year, a nearly 2:1 ratio to $4M in private venture capital raised to date. Robert Beletic for championing Canopy for the Colorado Office of Economic Development and International Trade where we also received an Advanced Industries Grant. Ellie Reynolds for leading economic growth at Douglas County Economic Development Corporation and advocating for companies like Canopy to grow and flourish here. Commissioner Abe Laydon of Douglas County for sharing his vision and support of expanding the aerospace & defense footprint here. Apparently, CEO Matt Shieh has an affinity for working with other fellow Matts. Special thanks to Matt Harbert for helping us source the location last year, Matthew McElwee for handling our legal affairs, and Matt Call our property owner for supporting the buildout of the facility for such an important mission. Thanks for the support of other great organizations in Colorado. Denver South Colorado Companies to Watch Colorado Space Business Roundtable Metro Denver EDC Thanks to our early investors for believing in the mission and continuing to support our cause. Industrious Ventures, Mason Angel, Taylor Sargent, Caruso Ventures, Dan Caruso, Polsky Center at the University of Chicago, Gaingels, Mana Ventures, Morgan Schwanke, Paul Grossinger, Hivers & Strivers Capital , Doug Doan, Fulcrum Venture Group, Andrew Bartholomew, The PenFed Foundation, Starburst, Asher Kraut, Nate Mason, Techstars, Matt Kozlov, Valor Equity Partners, Jon Shulkin

Our Fund I portco has a great role in upstate NY. Great team and pivotal technology in the AUAS vertical.

Daily Hard Tech Headlines: - Varda Space Industries has received their reentry license from the FAA for their mission in early November, focused on pharmaceutical research and payload support for NASA and the government. - Mesa Quantum, the Boulder, Colorado startup focused on quantum sensing for highly accurate timekeeping in areas such as GPS, semiconductor production, and data centers, has raised a $3.7M seed round led by J2 Ventures. - Leonid Capital Partners is providing a $1.7M term loan to Canopy Aerospace, which is focused on additive manufacturing for the space industry. - APM Terminals has invested $115M into its Onne, Nigeria port terminal, adding 1 MW of solar, doubling yard space, and improving security. Keep up with hard tech here:

🎉 It's a HUGE week for FedTech Startup Studio '21 alumni Canopy Aerospace! In addition to a $1.7MM Term Loan from 2023 IE Innovation Summit Sponsor, Leonid Capital Partners, Canopy has also been awarded $2.8MM in contracts from the United States Air Force to advance thermal protection systems (TPS) for hypersonic vehicles and spacecraft. The team is also celebrating the grand opening of their new 6,096-square-meter facility in Denver! Congratulations, Matt Shieh - we're so proud to be a part of your journey! 🔎 Could your startup be next? Discover which FedTech programs are recruiting now at FedTech.io #Innovation #Collaboration #VentureBuilding #Aerospace #Tech #Entrepreneurship

Catching a seam here in the space market. The market isn't all heavy-launch, people... ---------------------------------- Leonid Capital Partners Expands Space & Defense Portfolio, Provides $1.7MM Term Loan to Canopy Aerospace. Canopy is a material first, software-defined manufacturing company focused on solving the massive problem of thermal management for industries. The company is expanding industrial capacity of highly-engineered, complex materials and components that enable better performance of end-use systems in space, hypersonics, defense, semiconductors, and power electronics. Canopy works closely with aligned U.S. Government agencies to execute and support the Office of the Under Secretary of Defense for Research and Engineering's (OUSD-R&E) critical technology areas in advanced materials. “Canopy’s thermal protection systems support critical material capabilities needed that enable space and hypersonic flight applications,” said James Parker, Co-Founder of Leonid Capital Partners. “We are proud to collaborate with them as they deliver this cutting-edge and transformative technology to both government entities and private sector companies across the United States."

We are seeking to hire a Private Credit Analyst to join our investment team at Leonid Capital Partners. If you or someone you know is interested in making an early transition from investment banking to a rapidly growing private credit fund, please feel free to reach out.

This week, we interrupt our regularly scheduled defense finance wonkiness with a bonkers Elon Musk/Mars conspiracy theory that I can't get out of my head.