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Earth Resources Technology (ERT) has acquired Sev1Tech, supported by Macquarie Capital, to expand its footprint in the civilian and defense sectors. This acquisition will increase ERT's workforce to approximately 1,600 employees and enhance its capabilities to deliver secure digital solutions for government customers.

Key contracts include a potential $188 million deal with the Space Force. ERT aims to diversify its revenue profile and utilize Sev1Tech's established presence in the Space Force to foster growth.