Dynavac, an industry leader in thermal vacuum technology and systems, has acquired the intellectual property rights of XL Technology Systems, Inc. (XLT), a company known for designing, building and installing thermal vacuum systems used by defense and aerospace clients for preflight testing applications.
The move, according to Dynavac, will allow the company to broaden its market share and strengthen its leadership position in the aerospace industry.
“This acquisition is well aligned with Dynavac’s long-term, strategic goals and the timing was right,” says Tom Foley, CEO of Dynavac. “XLT was a solid competitor with a long track record in the aerospace testing industry. We’re proud to incorporate their products and designs into our portfolio and increase our breadth of offerings to our customers.”
The acquisition provides Dynavac the rights to all mechanical, electrical and software documentation for XLT’s standard and custom-engineered products. Going forward, this will enable the company to service and upgrade existing XLT systems, furnish new equipment and provide ongoing support to former XLT customers.
“Customer satisfaction is the cornerstone of Dynavac’s operations, as evidenced by our strong service network,” Foley says. “XLT customers are in excellent hands, and our team is committed to ensuring a smooth and seamless transition.”