FOR IMMEDIATE PUBLICATION
17th October 2013
Oakman Aerospace, Inc., CO, USA, Signs Strategic Memorandum of Understanding (MoU) and Master Service Agreement (MSA) with ÅAC Microtec AB, Sweden.
Oakman Aerospace, Inc. (OAI) and ÅAC Microtec AB (ÅAC), global leaders in rapid and responsive space systems and services announces that they have signed a strategic Memorandum of Understanding (MoU) and associated Master Service Agreement (MSA) to develop and produce Modular, Open-System Architecture (MOSA) systems, spacecraft, space components, and mission/payloads for government, commercial, and academic applications.
OAI and ÅAC signed the MoU on September 10, 2013, which was followed by the MSA and its first Task Order (TO). OAI and ÅAC are actively pursuing a Technical Assistance Agreement (TAA) through the United States Department of State Directorate of Defense Trade Controls (DDTC) to support the MoU/MSA and future TO’s. In the interim, OAI is working under an ITAR Exemption Certification signed by the Department of the Air Force, Foreign Disclosure and Technology Transfer Division, Policy Directorate (SAF/IAPD).
Maureen O’Brien, Director of Space Trade and International Affairs for OAI commenting on the MoU/MSA and resulting TO’s said, “Oakman Aerospace and ÅAC Microtec have very complementary products and services that when leveraged in combination will position both companies for future expansion and increased opportunities in the U.S. and international aerospace and defense services markets. These agreements highlight the ability of small companies to do business on the international stage. OAI and ÅAC look forward to providing the best possible engineering products and services to our customers, teammates, and stakeholders.”
Ulf Sundström, Sr VP Sales & Marketing for ÅAC commenting on the cooperation agreement said, “the collaboration is an evidence that two highly qualified Small and Medium Enterprises from the US and Sweden with unique and complementary competences are committed to create opportunities and provide values to the aerospace market. We are looking forward to jointly servicing our customers with our best solutions.”
For more information:
– ÅAC Microtec, see www.aacmicrotec.com
– Oakman Aerospace Inc., see www.oak-aero.com
ÅAC Microtec AB
Oakman Aerospace, Inc.
Maureen S. O’Brien
Sr VP, Sales & Marketing
Director, Space Trade & International Affairs
+46 70 833 5158
+1 (303) 904-6060
Oakman Aerospace, Inc. (OAI) is a veteran-owned, small business focused on total end-to-end space systems engineering providing:
Rapid and Responsive Space System Architectures;
Modular Spacecraft/Satellite Design & Development;
Mission/Payload and Data Distribution Services;
And, Specialized RF Phenomenology, Products and Services.
ÅAC Microtec AB (ÅAC) is a leading edge technology provider of total spacecraft solutions.
ÅAC Microtec commercializes the use of low cost spacecraft for a wide range of applications. ÅAC has developed low cost, scalable and highly configurable products, systems and solutions based on plug-and-play concepts, suitable e.g. for the growing small satellite market. By combining proprietary design and packaging techniques ÅAC also offers robust solutions based on state-of-the art microelectronics and MEMS technology for optimal life cycle performance.