News Article

Space Micro Acquires the Assets of Comtech AeroAstro Space Product Line
Date: Oct 01, 2012
Source: ( click here to go to the source)

Featured firm in this article: Space Micro Inc of San Diego, CA

SAN DIEGO, CA - October 1, 2012 - Space Micro and C
omtech AeroAstro (CAA) today agreed
on terms for the transfer of assets to Space Micro
from CAA's Space Product Components. The
product line assets include S/X-Band Communication
devices, Star Trackers, Sun Sensors and
Imagers/Cameras. Specific terms were not disclosed.
Space Micro's CEO David J. Strobel, expressing his
appreciation for this contract agreement,
commented, "This transaction is highly complementar
y to our existing product lines. We're very
pleased that CAA recognized and selected our compan
y for this transaction. We believe the
combination of our affordable high performance radi
ation hardened space electronics and our
existing distribution channels combined with the CA
A heritage products make for a natural fit.
The CAA customer base will be well served by this a
greement and we look forward to
expanding our footprint in these product areas."