Broad Reach Engineering Company Completes Acquisition of Octant Technologies Inc.
Acquisition Adds San Jose Office and Complementary Technologies
TEMPE, AZ (September 14, 2010) – Broad Reach Engineering Company announces the acquisition of Octant Technologies of San Jose, California.
Octant’s domain expertise is in providing Control System and Embedded Software Solutions for Aerospace applications. Octants experience and technology solutions are applied in the areas of Satellites Technologies, Simulation Systems, Processor-In-The Loop Systems, Hardware-In-The-Loop Systems, and Ground Support Software.
Octant’s engineering experience spans all phases of control system development – from analysis, simulation, algorithm design, system identification, control prototyping to system integration and implementation. Octant employees are experienced users of National Instruments MATRIXx / SystemBuild®/AutoCode®, LabVIEW® and The Mathworks / Simulink® control design, simulation and code generation tools
“The acquisition of Octant significantly strengthens our software development and simulation capabilities. Having worked with Octant on several projects in the past, such as XSS-11, we expect the integration to be seamless”, says Pala Manhas, President of Broad Reach Engineering. “Octant software products and technologies are complementary to our existing products”.
Broad Reach Engineering intends to continue the development, application, and maintenance of existing Octant products. “We will leverage this acquisition to better serve both Octant’s existing customers and Broad Reach customers. With this acquisition, we will be able to provide a more complete hardware and software solution for space flight applications”, explains Chris McCormick, CEO of Broad Reach.
The acquisition was completed on September 2, 2010. The Octant staff, the San Jose office, and all Octant products will be maintained under the Broad Reach company banner.
About Broad Reach Engineering
Broad Reach Engineering produces spaceflight hardware and software solutions, integrating vehicle design, component design and engineering services for aerospace, scientific, commercial and military customers on four continents and for global space centers and contractors. The company’s radiation-hardened avionics and electronics product lines include the next-generation BRE440 “system-on-a-chip” – the world’s highest-performance radiation-hardened microprocessor. Founded in 1997, the company has office and laboratory locations in Tempe, Ariz., and Golden, Colo. For more information, please visit www.broadreachengineering.com.
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