Blue Canyon Technologies Adds Sam Francis as Chief Financial Officer

Boulder, CO, June 3, 2019 — Small satellite manufacturer Blue Canyon Technologies (BCT) has appointed Sam Francis as Chief Financial Officer (CFO), further strengthening its executive leadership team as the rapidly growing aerospace company continues to expand.

Francis brings more than 25 years of experience in financial leadership, capital markets and management of both buy- and sell-side M&A transactions. In his role at BCT, Francis will oversee all aspects of company finances including capital planning and management and make significant contributions to strategic planning and operations.

“We could not be more pleased to welcome Sam Francis to our executive leadership team,” said George Stafford, CEO and president. “As a growing company experiencing unprecedented growth and customer demand, the CFO role is more important than ever. We look forward to the leadership and strategy Sam will bring as we continue to grow and build on our current momentum.”

“Blue Canyon Technologies is increasingly being recognized as a leading disruptor in aerospace, and for good reason. I look forward to working with George and the rest of the team, to help the company exceed its financial goals and sustain its very positive growth trajectory,” said Francis.

Francis began his career in the telecom, software and technology markets where he led buy-side M&A teams for domestic and international acquisitions. He was a principal at AVL Growth Partners where he provided outsourced CFO services to entrepreneurial and lower middle-market companies. He has worked across a broad variety of industries including aviation, healthcare, media, manufacturing and distribution. Prior to AVL he was a principal at Tatum, LLC where he provided strategic and financial consulting services to middle-market, private-equity backed companies.

Francis has a B.A. in Economics and an M.S. in Accounting from the University of Colorado.

BCT based in Colorado-based private company founded in 2008 to bring innovative, reliable and affordable solutions to space missions, is an experienced integrator of aerospace systems and developer of advanced aerospace products and technologies. BCT is a vertically integrated spacecraft manufacturer supporting nearly 40 unique missions with over 70 spacecraft. The company currently has more than 50 satellites in production and is developing a new 80,000-square-foot facility for high rate production.

BCT has supported missions for The U.S. Air Force, NASA, The Defense Advanced Research Project (DARPA) and many others and provided the Attitude Control Systems for the first interplanetary CubeSats which successfully traveled to Mars. The company has been recognized with awards including Inc Magazine’s 5000 Fastest Growing Private Companies, 2017 Colorado Companies to Watch, and the 2019 Colorado Biz Made in Colorado Emerging Manufacturer Winner.