Vivace International Corporation, a San Antonio, TX- and New Orleans, LA-based manufacturer of specialty propulsion tanks for space and defense applications, received a growth investment from Cerberus.
The amount of the deal was not disclosed.
The company intends to use the funds to support its current work on important national security programs and its position for a period of sustained growth.
Led by President Dave Cochran, Vivace provides product development, engineering, and management services for U.S. spaceflight systems, hypersonics, and launch vehicle markets. Its products include flight hardware, ground support equipment, development hardware, tooling, and engineering services. From concept development through detailed design, analysis, manufacture, and test, it develops high-performance, efficient solutions and delivers them on time.
The company is based in the NASA Michoud Assembly Facility outside of New Orleans and is a key supplier to the Commercial Lunar Payload Services program, which will land numerous missions on the lunar surface as part of the larger Artemis program.
Vivace also announced the appointment of Luke Wright as Director of Operations.
FinSMEs
07/08/2024