Fisica, Inc. Strengthens Aerospace and Defense Capabilities with Acquisition of Space Vector Corporation
Fisica, Inc. Expands Aerospace and Defense Holdings Through Acquisition of Space Vector
In a strategic move set to enhance its position in the aerospace and defense sectors, Fisica, Inc. has announced the acquisition of Space Vector Corporation. Established in 1969 and headquartered in Chatsworth, California, Space Vector has a long-standing reputation for supplying high-reliability RF avionics and battery systems that are critical for mission success in defense applications. Though financial details of the acquisition were not disclosed, both companies have emphasized that this partnership aligns seamlessly with their commitment to innovation and quality.
Fisica, a manufacturer renowned for its airborne and ground-based antennas along with electromagnetic systems, was formed less than a year ago by Warren B. Kanders through the acquisition of three other businesses previously under L3Harris. The addition of Space Vector marks Fisica's first acquisition aimed at bolstering its growth within the defense technology landscape.
Warren Kanders expressed excitement over the acquisition, indicating that it represents an important milestone in Fisica's expansion strategy. "The acquisition of Space Vector signifies our intent to augment already impressive organic growth and aligns with our strategic M&A approach," he stated. With a niche market position and compelling growth potential, Space Vector’s specialized expertise aligns perfectly with Fisica's existing capabilities, particularly in sectors involving flight termination systems and mission-critical RF solutions.
Mark Rayner, President of Fisica, elaborated on the significance of this acquisition by stating, “It enhances our presence in high-demand areas crucial for national defense, including batteries for UAVs, missiles, launch vehicles, and satellites.” Rayner highlighted that both companies share a commitment to ensuring mission success, and this merger is expected to create synergy within their operational frameworks.
Chris Yamada, Chairman and CEO of Space Vector, also conveyed optimism regarding the acquisition. He stated, “I am proud of what our team has built and look forward to this new chapter with Fisica as our partner. Having access to larger resources will certainly accelerate our growth.” Yamada sees substantial opportunities ahead for collaboration between the two companies as they work towards advancing their technological capabilities with a unified vision.
This acquisition not only boosts Fisica's technological repertoire but also enhances its capacity to meet the needs of customers within core national defense and space domains. The leadership team at Space Vector will maintain their roles post-acquisition, ensuring continuous service and dedication to existing customers. Currently, the integration of some operational aspects of Space Vector is in process, and both companies anticipate that this will occur without causing disruptions to clients or partners.
As a defense product manufacturer, Fisica operates three distinct units—Randtron, Datron, and ATI—which cater to the requirements of major defense primes alongside the U.S. Department of Defense. With about 375 employees and operations spanning across various sites in California, Fisica is poised to deliver advanced technologies tailored to the evolving demands of aerospace and defense sectors.
Space Vector's credibility in providing critical components such as rechargeable battery systems and flight termination systems significantly strengthens Fisica's offerings, solidifying its market presence in an increasingly competitive industry. The combined expertise and resources brought together through this acquisition promise to foster greater innovation and success across the defense landscape.
With this acquisition, Fisica, Inc. continues its trajectory of expanding capabilities in the ever-evolving fields essential to national security and technological innovation.