Dr. Marco Villa, Canopy A&D CEO commented: “Tods’ reputation and commitment to their customers’ missions are world-class and deeply aligned with our values. Their longstanding partnerships with the Royal Navy and over 25 Navies worldwide expand Canopy A&D’s global presence, supporting critical allied defence programmes and strengthening supply-chain resilience between the United States and the United Kingdom. We are committed to building on their legacy by investing in infrastructure, equipment and people to create an immediate synergy we cannot wait to exploit.”

The acquisition enhances Canopy A&D’s ability to deliver advanced materials and engineered solutions across the full lifecycle of maritime defence programs, from design and development through qualification, production and sustainment. By integrating Tods’ composite and acoustic expertise with Canopy A&D’s broader materials and manufacturing capabilities, the company strengthens its position as a leading partner to the global maritime defence industrial base — accelerating shipbuilding schedules and advancing mission-critical platform performance.

about Tods Technology
Tods Technology, based in Portland, Dorset, UK, is a leading designer and manufacturer of advanced composite structures and acoustic materials for naval and aerospace applications. The company’s capabilities include the design, testing and production of sonar domes, acoustic windows and structural composites for submarine and surface-ship platforms, supported by global through-life services including in-yard installation, maintenance and repair.

about Canopy Aerospace & Defense
Canopy Aerospace & Defense manufactures and delivers highly specialised materials with exceptional insulative, absorptive and signal reducing characteristics to the space and defence markets. The Company assists OEMs from the initial design phase with R&D material and system engineering services to turnkey manufacturing through refurbishment services on reusable platforms. With deep domain expertise and responsive manufacturing, Canopy A&D acts as a seamless “Built-In” extension of its partners, filling critical gaps across long manufacturing chains. The company operates facilities in Los Angeles, Denver, Cape Canaveral and the United Kingdom.

about Trive Capital
Trive Capital is a Dallas, Texas-based private equity firm with more than $8 billion of regulatory assets under management. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement.