This acquisition marks a significant vertical integration for X-Bow, ensuring a seamless supply chain for critical components within our commercial modular motor and hypersonic booster large solid rocket motor programs.
Brian Spencer, President and CEO of Spencer Composites, will remain with X-Bow as an Operations Technical Principal and Industry Subject Matter Expert.
Jason Hundley, CEO at X-Bow said, "We have collaborated extensively with Spencer Composites over the past several years on our SRM designs. Spencer's technological contributions have been pivotal, enabling both teams to achieve superior results. The synergy between X-Bow's complementary product lines and Spencer's innovative structural solutions presents a significant opportunity for cost reduction."
"I am very proud of the company my wife, Linda Spencer, and I started 30 years ago," said Spencer. "Thirty years is just the beginning! I see continued technological innovation in collaboration with X-Bow Systems and expect the expertise from both organizations will leverage to optimally achieve advanced composite solutions for our collective customers."
The acquisition includes the transfer of several key patents and over 50,000 square feet of advanced manufacturing and prototyping space, equipped with comprehensive composite structure design and development capabilities. This enhancement positions X-Bow to further advance the development and production of cutting-edge hypersonic and solid rocket technologies while further expanding the SRM industrial base and diversifying sources of supply.
