SolAero Technologies Acquires Vanguard Space Technologies

SolAero Technologies Corp (SolAero), a leading provider of satellite solar power and structural solutions, has acquired Vanguard Space Technologies, Inc. (Vanguard), also a provider of aerospace structural products and assemblies. Based in San Diego, California, Vanguard has a proven history of delivering satellite structural components and assemblies for commercial, defense, and civil satellites to customers around the world. The company was founded in 1994 and has successfully delivered over 200 products for over 50 spacecraft with 100% mission success.

Vanguard was acquired as a wholly-owned subsidiary of SolAero, but will be operated under the Alliance Spacesystems brand name. While the acquisition of Vanguard offers key synergy opportunities for the company, no near-term changes to any of the companies’ operations are planned as a result of the transaction. “We are delighted to add Vanguard to the SolAero family. This acquisition combines highly complementary core businesses to create a stronger company that will drive value for our worldwide customer base,” said Brad Clevenger, CEO of SolAero. “We look forward to continuing to bring innovative and cost-effective solutions to all of our customers across all lines of business.”