Avascent Acquires Space & Telecommunications Division of Futron Corporation
Washington, D.C., July 9, 2014--Avascent has acquired the satellite, space, and telecommunications businesses of Futron Corporation, a leading provider of market analytics and consulting services to corporate and government clients around the world.
With the integration of the Futron space and telecommunications team, Avascent will further deepen its expertise in the sector, according to the company.. Avascent already serves the full spectrum of space and satellite communications players, from NASA to launch providers, satellite manufacturers, satcom operators, and service providers.
With the addition of Futron’s analytic resources and staff, Avascent will extend its reach further into related commercial and telecommunications sectors while expanding its footprint in Asia and other international markets. Futron’s databases and tools will also be fully integrated into the Avascent Analytics suite of strategic planning and competitive assessment products.
Futron’s aerospace safety and risk management business will continue to operate separately under the name of Futron Aviation.