NEA Electronics Inc. Completes Its Acquisition of Rocketstar Robotics, Inc.
MOORPARK, Calif. (Jan. 8, 2013) - On December 21, 2012, NEA® Electronics, Inc., a wholly owned subsidiary of Ensign-Bickford Aerospace & Defense Company (EBA&D) closed on its acquisition of Rocketstar Robotics, Inc. The terms of the transaction were not released. Rocketstar Robotics, Inc. provides motors, gearboxes, and actuator mechanisms for spacecraft applications such as driving solar arrays or positioning communication antennae.
In 2011, NEA and Rocketstar entered into a teaming agreement to cooperatively develop and provide spacecraft customers a broad range of actuator and mechanism used for satellite and spacecraft deployment, positioning and robotics actuation. In addition to supporting LEO and GEO spacecraft programs, the newly formed Rocketstar Robotics and NEA team will focus on developing enabling mechanism technologies to support extreme environment space missions.
"This acquisition is a logical final step in solidifying our relationship. It will allow us to employ the full complement of technology, engineering, and manufacturing capabilities of the two companies at our Moorpark, California site on behalf of our spacecraft customers," said Steve Perkins, President of NEA® Electronics, Inc.
About NEA® Electronics, Inc. and Ensign-Bickford Aerospace & Defense Company (EBA&D)
NEA Electronics, Inc. designs and manufactures highly reliable non-explosive Separation Mechanisms, Battery Cell Bypass Switches, Electrical Interconnect Devices and Non-pyrotechnic Valves for use in critical Space and Defense applications. Ensign-Bickford Aerospace & Defense Company (EBA&D), headquartered in Simsbury, Connecticut is prime contractor to US and Foreign Military customers, and subcontractor to many US primes. EBA&D provides mission critical subsystems & systems for Missiles & Launch Vehicles, Satellites, the Soldier, and Ground Vehicles.
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