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PCX Aerosystems’ Buy of NuSpace, Inc. Is Fifth Announced Acquisition Since Last Year

Frank Wolfe Frank Wolfe
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PCX Aerosystems’ Buy of NuSpace, Inc. Is Fifth Announced Acquisition Since Last Year
PCX Aerosystems said that it has delivered 5,000 metal and filament-wound fuel tanks to the U.S. military and allied forces, and more than 250,000 all-metal and filament-wound external fuel tanks to commercial customers across the globe (PCX Aerosystems Photo)

Connecticut-based PCX Aerosystems said on Sept. 12 that it has bought NuSpace, Inc., "a leading-edge designer and manufacturer of proprietary propellant and high-pressure tanks for advanced satellite, launch vehicle spacecraft, and missile platforms." PCX CEO Tom Holzthum said that NuSpace has "a unique capability to design and produce mission critical complex assemblies for the rapidly growing space marketplace." PCX's buy of NuSpace, headquartered in Long Beach, Calif., adds to four other acquisitions announced by PCX since March last year. PCX…

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