(Chatsworth, CA 2 April 2009) – Space Vector Corporation, a launch vehicle and subsystem/component provider since 1969 is pleased to announce a change of ownership effective April 1, 2009. The management-employee buyout with private investment funding will better position the company for growth while offering a greater level of service and flexibility for our customers and suppliers.
The change in ownership creates many opportunities for Space Vector and its employees. The management team is committed to increasing the scope of our products and services while ensuring the company's long-term strength.
Moreover, Space Vector will continuously advance its aerospace products and offerings and are committed to the continuous improvement of all activities using our ISO9001:AS9100 registered quality system as a framework. The goal is to be recognized by our customers as the “best value” solution to their needs.
We ask for your continued support and partnership in taking us all to the next level of cooperation and mutual success. As in the past, we look forward to working with all of you.
Chief Financial Officer