# Investors Acquire Defense Contractors and Fund Space Tech

Three federal technology transactions highlight consolidation and new investment across defense training, federal IT and cybersecurity, and space systems: FVLCRUM Funds acquired Fidelity Technology Services, GCubed Enterprises acquired RightDirection Technology Solutions, and Kapta Space raised a $24 million Series A to scale production and prepare its radar payloads for an orbital demonstration. The reporting also notes that Fidelity Technology Services and Advanced IT Concepts are operating independently while pursuing collaboration. For procurement teams, these changes may affect contractor ownership, teaming capacity, and the pool of suppliers developing space-based radar capabilities.

- Companies pursuing defense training or federal IT work should assess how the acquisitions may change teaming options and supplier relationships; Fidelity Technology Services and Advanced IT Concepts are described as independent firms exploring collaboration.
- Contracting teams working with Fidelity Technology Services or RightDirection Technology Solutions should account for the reported ownership changes in vendor and subcontractor reviews.
- Kapta Space’s financing is intended to expand production ahead of an orbital demonstration; its reported classified contract awards indicate government work, though no contract values or solicitation details are provided.

**Jurisdictions:** federal
**Industries:** Defense & Military, Information Technology
**Topics:** Cybersecurity
**Published:** October 13, 2026

### Government Entities
- U.S. Department of Defense (DoD)
- U.S. Navy (Navy)
- U.S. Department of the Treasury (Treasury)
- U.S. Department of State (State)
- U.S. Department of Commerce (Commerce)

### Vendors
- Fidelity Technology Services (Defense training systems prime contractor; acquired by FVLCRUM Funds)
- FVLCRUM Funds (Acquirer of Fidelity Technology Services)
- RightDirection Technology Solutions (Federal IT and cybersecurity prime contractor; acquired by GCubed Enterprises)
- GCubed Enterprises (Acquirer of RightDirection Technology Solutions)
- Kapta Space (Spaceborne radar payload developer; raised a $24 million Series A and secured classified contracts)

### Sources
- [Training tech, IT and space capital market transactions to note - Washington Technology](https://www.washingtontechnology.com/companies/2026/10/training-tech-it-and-space-capital-market-transactions-note/416559) - Washington Technology