X-Bow Systems Inc. completes acquisition of Spencer Composites Corporation for seamless supply chain integration
Acquiring Company
X-Bow Systems
Acquired Company
Spencer Composites Corporation
AlbuquerqueSacramentoManufacturingCommerce and ShoppingAutomotiveAerospaceManufacturingPrecious MetalsBuilding MaterialDescription
X-Bow Systems Inc. announced the strategic acquisition of Spencer Composites Corporation, marking a significant vertical integration. This acquisition ensures a seamless supply chain for critical components within X-Bow's commercial modular motor and hypersonic booster large solid rocket motor programs. The acquisition also includes the transfer of several key patents and over 50,000 square feet of advanced manufacturing and prototyping space, positioning X-Bow to further advance the development and production of cutting-edge hypersonic and solid rocket technologies.
Quick answer
X-Bow Systems is acquiring Spencer Composites Corporation, announced July 2, 2024. X-Bow Systems is based in Albuquerque, New Mexico, United States.
- How much did X-Bow Systems pay for Spencer Composites Corporation?
- The deal value was not disclosed.
- What does X-Bow Systems do?
- X-Bow Systems (“X-Bow”) is an American startup defense technology company.
- Where are X-Bow Systems and Spencer Composites Corporation based?
- X-Bow Systems is based in Albuquerque, New Mexico, United States. Spencer Composites Corporation is based in Sacramento, California, United States.
- Who are the decision-makers at X-Bow Systems?
- Fundz holds 2 contacts at X-Bow Systems. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at X-Bow Systems, and when
When X-Bow Systems changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day X-Bow Systems raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at X-Bow Systems, from your own LinkedIn network
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Frequently asked
Who acquired Spencer Composites Corporation?
Spencer Composites Corporation was acquired by X-Bow Systems, based in Albuquerque. The deal was reported on July 2, 2024. X-Bow Systems (“X-Bow”) is an American startup defense technology company. X-Bow Systems is privately held and operates in Manufacturing.
When did X-Bow Systems acquire Spencer Composites Corporation?
X-Bow Systems's acquisition of Spencer Composites Corporation was reported on July 2, 2024. X-Bow Systems Inc. announced the strategic acquisition of Spencer Composites Corporation, marking a significant vertical integration. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Spencer Composites Corporation do?
Spencer Composites Corporation (SCC) was founded in 1994 in Lincoln, Nebraska and is currently located in Sacramento, California. It is privately held, operating in Manufacturing, and is based in Sacramento.
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