Back to news

Gladstone Investment Corporation Supports Detroit Defense's Merger with Athenix Solutions Group

ACCESSWIRE•28/09/2026•08:30 ET
0

MCLEAN, VA / ACCESS Newswire / September 28, 2026 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") is pleased to announce its continued investment in Detroit Defense ("DD"), providing additional debt and equity capital to support the company's merger with Athenix Solutions Group ("Athenix").

DD, based in Troy, Michigan, is an engineering services and systems integration firm focused on helping Department of War customers solve technical hurdles to modernizing, managing, and maintaining the fleet. Athenix, with primary locations in Fulton, Maryland and Tampa, Florida, brings systems engineering, software development, intelligence and cyber operations support, and special mission readiness for the Intelligence Community and Department of War, across special operations, cyber, and mission systems. The combination brings together two companies with complementary capabilities and customer-oriented cultures. "The Athenix team shares our approach: putting the mission first and solving complex problems through long duration, full lifecycle solutions," said Pete Roney, Chief Executive Officer of DD.

Get started

Create a free account to read the full story and Whiz Insights.

Sign Up

Already have an account? Log in