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Defense products manufacturer Fisica has acquired Space Vector for an undisclosed sum as part of efforts to broaden its capabilities and improve its ability to support customers across national defense and space domains.
Expanding Aerospace & Defense Capabilities
Fisica said Wednesday Space Vector’s management team will remain in their leadership roles and continue to support customers and partners amid the integration.
“I formed Fisica less than a year ago as a defense technology platform – through the acquisition of three businesses from L3Harris – to think expansively and opportunistically about growth in the broader defense space,” said Warren Kanders, executive chairman of Fisica.
“The acquisition of Space Vector represents our first acquisition to augment already impressive organic growth. The addition of a niche business with a differentiated market position and compelling growth prospects is consistent with our M&A approach, which we expect to continue,” Kanders added.
Fisica President Mark Rayner said the transaction marks a key step in advancing the company’s long-term growth strategy.
“Space Vector’s specialized expertise complements our existing capabilities and expands our footprint in high-demand sectors such as FTS and platform/system batteries for aircraft/UAV, missiles/hypersonics, launch vehicles and satellites. Most importantly, both organizations share a commitment to quality, innovation and ensuring mission success,” added Rayner.
What Does Space Vector Do?
Established in 1969, Space Vector supplies high-reliability hardware to customers and other key stakeholders in the aerospace and defense industries.
The Chatsworth, California-based company designs and manufactures rechargeable batteries, flight termination systems, or FTS, and mission-critical radio frequency systems that support the national test range community.
