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Newly Created Alliance Spacesystems Sees Fast Growth

14 July 2006

Alliance Spacesystems LLC, formed from the merger of the former Alliance Spacesystems Inc and Vision Composites, is reporting fast growth.

The newly merged companies share a common heritage in challenging projects ranging from Mars rover robotics and space structures to products for use in applications on Earth.

’’When news of the pending merger was announced this spring, the result was an immediate boost in new business,’’ said René Fradet, president and CEO of the freshly created Alliance Spacesystems. “Our customers have responded very positively to the merger,” said Fradet. “We are seeing a lot of new interest in Alliance as a single resource for the design and fabrication of composite space structures. We are adding to our engineering staff in response.”

The merger evolved from early collaborations between the two Southern California aerospace innovators. “We have been amazed at the commonality we share in terms of experience, culture, and commitment to the customer,” said Ted Cheng, former president and CEO of Vision, and now a vice president at Alliance Spacesystems. With the initial merger announcement, Cheng predicted that the new company “should result in a powerful combination that can be effective and leveraged immediately in the market-place.”

Fradet said plans call for immediate expansion of Alliance Spacesystems’ 14,000- square-foot Pasadena facility, which houses engineering offices and manufacturing facilities geared to robotics and mechanisms manufacture, and composites and structures work will continue at the 29,000-square-foot former Vision facilities in Signal Hill.





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