04 September 2007
04 September 2007
BlastGard International has entered into an option agreement to purchase 100% of Innovative Composites Incorporated (Innovative), a Michigan based corporation engaged in the design, engineering and manufacturing of continuous fibre reinforced thermoplastics.
Jack Waddell, President of BlastGard stated, “We are really enthused about bringing these two companies together. Together they create far greater opportunities to penetrate the targeted military and homeland security market sectors. In addition, combining our respective materials and technologies should generate some exciting and efficient new blast mitigating and ballistic products. Innovative is a perfect fit, with a strong management team with extensive experience in new composites product development and efficient production. Starting only in mid 2006, Innovative already has four letters of intent from different customers to purchase meaningful volumes of Innovative product, starting with September production.”
“I am proud to report that Innovative Composites’ team is joining BlastGard International,” said Terry Ball, President of Innovative. “Innovative’s composite engineering and manufacturing expertise compliments the exciting technologies of Blastgard International. The combination of BlastGard’s blast mitigation technologies and our proprietary technologies producing continuous fibre reinforced ballistic and shrapnel management systems will provide exciting opportunities in the homeland security and military markets. The synergies created through this strategic acquisition will accelerate our progress in engineering unique product solutions for the marine, fitness and construction market. Our combined sales, marketing and engineering teams will demonstrate the advantages of BlastGard’s expanded technologies to deliver the state of the industry security solutions and systems for the military, defence and homeland security customers.”
Cobra International will showcase a range of composite products at CAMX 2018, including carbon fibre components for the automotive, transportation, marine, water sports and luxury sectors.
Innovators and industry pioneers will gather to discuss the latest applications of graphene nanotubes at the Nanoaugmented Materials Industry Summit (NAUM) 2018 in Shanghai, China, on 31 October. Visitors will also be able to see an on-site demonstration of the production of nanoaugmented products with real industrial equipment.
Cobra International is celebrating its 40th year and has commissioned a book that will look at 40 key projects and 40 key people that were integral to the company’s growth. ‘Klaus Simmer and The King Cobra: A breakthrough in surfboard design and production technology’ is an extract article from this book and a breakthrough composites product for Cobra, establishing its presence as a manufacturer of high performance windsurf boards and creating global visibility for the Cobra brand.