Kevin Capozzoli, co-founder and CEO of Critical Materials Group. Photo: Critical Materials Group

Startup energetics manufacturer Critical Materials Group (CMG) has acquired another small company, Rocky Mountain Scientific Laboratory (RMSL) that develops, formulates and tests energetics, bringing more capabilities in-house to meet customers’ needs faster, CMG said on Wednesday. Terms of the deal were not disclosed. The combined company has nearly 60 employees. CMG recently raised $10.3 million in a seed round to help standup its first distributed production plant (Defense Daily, Sept. 2). The Austin, Texas-based company is currently producing Composition-4 at…