August 3, 2022

Numerica sells aerospace division to focus on defense work

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FORT COLLINS — Fort Collins-based Numerica Corp., a company that uses math to develop air and missile defense systems, has sold its aerospace division.

In a press statement, the company said that the sale of the aerospace division will permit it to focus on innovations in defense systems, including greater investment in its short-range air defense product line.

Buyer of the aerospace division was El Segundo, California-based Slingshot Aerospace Inc. Financial details were not disclosed.

The sale, according to information supplied by Slingshot, “includes the world’s first and only commercial low Earth orbit (LEO) to geosynchronous orbit (GEO) daytime and nighttime optical sensor…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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