Trive Capital Announces Sale of Kittyhawk, Inc.

Trive Capital has successfully completed the sale of Kittyhawk, Inc., a prominent provider of Hot Isostatic Pressing (HIP) services, to Machine Sciences, a portfolio company of Viking Global. The transaction, finalized on July 16, 2026, involves an undisclosed deal value. Founded in 1981, Kittyhawk has established itself as a key player in the HIP services sector, catering to mission-critical applications across various industries, including space, commercial aerospace, defense, and power generation.

Since Trive's investment in Kittyhawk in late 2022, the company has experienced significant growth, driven by strategic initiatives that include the acquisition of Stack HIP in 2024. This acquisition added the largest high-pressure HIP vessels in North America to Kittyhawk's Albany, Oregon facility, enhancing its operational capabilities. Additionally, sustained organic investment in equipment and operational excellence has positioned Kittyhawk to meet the increasing demand for its services, particularly in the core areas of space and next-generation commercial aerospace.

The strategic rationale behind the acquisition by Machine Sciences lies in the growing demand for HIP services across high-temperature and high-pressure applications, such as those found in rocket and jet engine componentry. Kittyhawk's expertise in densifying casted and additively manufactured parts aligns well with the evolving needs of its customers in aerospace and defense sectors. The combination of Kittyhawk's established reputation for quality and Machine Sciences' resources and market reach is expected to create significant synergies and drive further growth.

The broader market dynamics indicate a positive outlook for the HIP services sector, particularly as advancements in aerospace technology continue to drive demand for high-performance materials and components. As companies like Kittyhawk expand their capabilities and customer bases, they are well-positioned to capitalize on the increasing complexity and requirements of modern aerospace and defense applications. The successful transition to Machine Sciences marks a new chapter for Kittyhawk, with expectations for continued growth and innovation in its service offerings.

Overall, this transaction underscores the ongoing trend of consolidation within the manufacturing and aerospace sectors, as companies seek to enhance their operational capabilities and market presence through strategic acquisitions. The integration of Kittyhawk into Machine Sciences is anticipated to not only bolster the latter's portfolio but also contribute to the overall advancement of HIP technologies in mission-critical applications.