Electronic Source Company, a Van Nuys, CA-based Boston, MA-based electronic manufacturing services company serving the Aerospace and Defense and Space markets with circuit card assemblies, received an investment from Sverica Capital Management.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO and Founder Scott Alyn, ESC is an ITAR-registered, NadCap and AS9100D provider of defense electronics, delivering through process controls and procedures with the highest standards of on-time-deliveries and customer acceptance rates. The company serves prime and Tier 1 defense and space contractors to high-profile programs like the F-18, F-35, F-16, C-130, H-60 Blackhawk, AH-64 Apache, Boeing 787, Patriot Missile, the Orion deep space capsule, Mars Rover and the International Space Station.
Chris Sorby, President, will continue to lead the company while Dave Finley, Managing Partner at Sverica, Greg Hylant, Principal at Sverica, and Scott Alyn will join the board. Also joining the board will be Steve Stone, the former CEO of Primus Technologies, a key player in the defense electronics space.
FinSMEs
23/10/2024