NEXA Capital Partners

Financing the Next Generation of Aerospace

Michael J. Dyment, NEXA Capital Partners | Aerospace Defense Review | Top Strategic Aerospace Financial Advisory ServiceMichael J. Dyment, Managing Partner
How did satellite tracking gaps create an opportunity in aerospace infrastructure financing?

A few years ago, aircraft flying over the North Atlantic were operating without accurate real-time tracking. Due to gaps in technology and infrastructure, pilots and air traffic controllers had to rely on rough estimates and intermittent radio reports instead of radar data. This reliance led to wide spacing, inefficient flight paths and unnecessary fuel burns.

A moment of opportunity sparked when Iridium Communications launched its NEXT satellite constellation. The idea was what if these satellites could carry Automatic Dependent Surveillance–Broadcast (ADS-B) technology to track aircraft anywhere in the world? Bringing that concept to life required a financial structure capable of aligning Iridium, airlines, and regulators in a shared mission.

NEXA Capital Partners answered the call. Leveraging 18 years of aerospace capital expertise, the company financed a $400 million public-private partnership to equip Iridium’s satellites with ADS-B transponders.

With that collaboration, aircrafts can now maintain real-time contact with air traffic control over the ocean, making flights safer, efficient and predictable. The project remains a testament to NEXA’s ability in turning cross-industry vision into real-world infrastructure solutions.

The NEXA Difference

What differentiates NEXA Capital Partners within aerospace financial advisory and project financing?

NEXA stands apart with a tailored approach, expertly navigating the complexities of transactions, in contrast to the more generalized models commonly used in the industry. The company integrates aerospace engineering insight with financial expertise, enabling clients to navigate capital markets with strategic clarity. It uses specialized techniques to value intellectual property and other intangible assets.

Focused on financial advisory and capital raising, the company primarily serves two market segments. The first is project financing, which supports infrastructure investments like the FAA’s air traffic control system, critical for modernizing and sustaining the commercial air transport sector. The other is middle-market aerospace and defense companies, including mid-sized OEMs, aircraft manufacturers, avionics firms and businesses involved in the aviation supply chain. For these clients, NEXA provides essential support, from addressing working capital needs to facilitating mergers and acquisitions.

“Our engagement starts with a deep understanding of technical risks, regulatory frameworks and operational realities that define value in aerospace,” says Michael J. Dyment, managing partner. “Whether structuring partnerships, advising on acquisitions, or raising capital, we bring the precision, foresight and expertise required by this industry.”

How does NEXA support middle-market aerospace and Advanced Air Mobility companies?

With such expertise, NEXA navigates the intricacies of middle-market mergers, which often require substantial capital sourced from venture funds, family offices or public listings. A prime example is the Advanced Air Mobility (AAM) sector that focuses on electric flight and eVTOL (electric vertical takeoff and landing) systems.

For the past few years, NEXA has worked with companies like Joby Aviation and PKI Aircraft in the rapidly growing AAM space, which has attracted over $15 billion in investment. The company’s expertise in securing capital and facilitating strategic acquisitions enables AAM companies to scale in this highly competitive market.

  • Our engagement starts with a deep understanding of technical risks, regulatory frameworks and operational realities that define value in aerospace.

A Legacy of Expertise

What leadership experience shapes NEXA Capital Partners’ aerospace financing strategy?

A team of experts is behind these successful projects and partnerships, led by Dyment. With a Master’s degree in Aeronautics and Astronautics from MIT, his career spans over 40 years across manufacturing, financial services and business consulting. He has also been a partner with top firms like Arthur Andersen, A.T. Kearney, PricewaterhouseCoopers and Booz Allen Hamilton. The team also includes former NASA experts who are highly regarded for solving complex challenges in aerospace.

Looking forward, NEXA, with its team, aims to secure financing for a growing portfolio of high-impact projects. One such initiative is ADS-B, which will play a critical role in the U.S. NextGen Air Traffic Control Modernization Program. Currently, the company is also active on Capitol Hill, advocating for congressional legislation to support the advancement of the U.S. aviation system. This close collaboration between government and industry is central to NEXA’s investment services and provides a competitive edge.

With the fusion of technical expertise, project financing and strategic partnerships, NEXA is turning aerospace challenges into stepping stones. By bridging technology, investment, and regulation, it overcomes capital constraints and drives the next chapter of aerospace innovation.

Deep Dive

Strategic Financial Advisory for Aerospace Capital Decisions

Executives responsible for aerospace and aviation enterprises face a financial environment shaped by long development cycles, heavy regulatory oversight and capital needs that rarely fit generic advisory models. Growth initiatives, ownership transitions and infrastructure participation often require financing strategies that account for certification risk, valuation of intellectual property and coordination with public stakeholders. Financial advisory services in this niche must therefore extend beyond transaction execution into disciplined interpretation of how aerospace businesses generate and protect value over time. One persistent challenge lies in aligning capital structures with regulatory realities. Aerospace companies operate under close supervision from bodies such as the Federal Aviation Administration, which directly influences asset value, timelines and investor risk tolerance. Financial planning that overlooks these constraints can misprice businesses or misjudge feasibility, particularly in mergers, acquisitions or large-scale capital raises. Effective advisory support reflects a deep understanding of how compliance obligations interact with revenue models, production schedules and long-term competitiveness. Another defining factor is the valuation of intangible assets. In aerospace, intellectual property, proprietary systems and certification pathways often outweigh physical assets in determining enterprise worth. Advisory services that treat these elements superficially risk undermining negotiations or limiting access to suitable capital sources. Sophisticated financial planning integrates technical insight into valuation methods, allowing management teams and investors to assess opportunity and exposure with greater precision. Complex financing initiatives further test advisory capabilities. Large infrastructure or technology programs frequently require multi-party coordination among private investors, industry participants and public entities. These efforts demand patience, rigorous analysis and the ability to structure partnerships that balance commercial incentives with public interest obligations. Advisors must sustain engagement over extended periods while maintaining credibility with all stakeholders involved. Within this demanding landscape, Nexa Capital Partners exemplifies an approach shaped by long-term immersion in aerospace and defense finance. Its work centers on middle-market aerospace and defense companies, alongside project financing that supports aviation infrastructure. Rather than applying generalized investment banking models, it brings sector-specific expertise to capital raising, mergers and acquisitions and complex partnership development. Its experience reflects familiarity with regulatory-driven valuation challenges and the financing needs of companies operating across the aerospace supply chain. Its advisory practice has included participation in large-scale initiatives where private capital and industry users collaborated to advance aviation capability. Such engagements required extended analysis, careful structuring and coordination among airlines, infrastructure operators and technology providers. This history underscores an ability to manage complexity over time, rather than prioritizing speed or volume of transactions. The firm’s composition reinforces this focus. It operates as a specialist team with backgrounds spanning aerospace engineering, consulting and financial services. Experience accumulated across decades in the sector informs how it evaluates risk, values assets and advises management teams navigating regulated markets. Ongoing involvement in emerging areas such as advanced air mobility further demonstrates attention to future capital demands tied to new aviation models, infrastructure buildout and evolving regulatory frameworks. For executives evaluating strategic aerospace financial advisory services, the priority should rest on sustained sector knowledge, disciplined valuation of technical assets and the capacity to structure financing that aligns industry needs with investor expectations. Nexa Capital Partners stands out as a compelling choice for organizations requiring advisory support grounded in aerospace-specific realities. Its demonstrated ability to guide capital formation, mergers and complex financing initiatives positions it as a strong partner for leadership teams seeking informed, credible and focused financial guidance in this specialized field. ...Read more
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NEXA Capital Partners

Company
NEXA Capital Partners

Management
Michael J. Dyment, Managing Partner

Description
NEXA Capital Partners specializes in aerospace financing, offering expert advisory and capital raising services. With 18 years of experience, the firm supports complex projects, from middle-market aerospace companies to large infrastructure initiatives, bridging technology, investment, and regulation to drive industry innovation.