Company

Who We Are


TENAX AEROSPACE COMPLETES $330 MILLION SENIOR SECURED CREDIT FACILITIES FINANCING

Tenax announces successful capital raise to support growth initiatives and recent contract wins.




Ridgeland, MS (October 9, 2025) – Tenax Aerospace, a leading provider of special mission aircraft and related services to the U.S. government and commercial customers, announced today it has completed a $100 million incremental capital raise, bringing total senior secured credit facilities to $330 million. The financing supports the Company’s growth initiatives and recently awarded contracts. Tenax is a portfolio company of NTC Group.

“We are delighted with the support we have received from our banking partners, led by Regions Bank, to facilitate the Company’s significant growth in 2025 while providing plenty of dry powder to ensure we continue to be the premier provider of special mission aviation solutions to the U.S. warfighter and the U.S. government,” said Tom Foley, Chairman of Tenax and founder of NTC Group.

 


 

About Tenax Aerospace:

Tenax is a leading provider of special mission aircraft and related services to the U.S. Government and commercial customers. The company focuses on special mission aviation programs critical to national security and the public interest, including aerial fire suppression, aerial intelligence gathering, and airborne data acquisition.

Founded in 2001, Tenax is a privately-owned small business (by number of employees) headquartered in Ridgeland, Mississippi.

 

###

If you would like to obtain more information about this topic, please contact:

Alan Oswalt, EVP Operations
aoswalt@tenaxaerospace.com

  All News