Wednesday, 29 January 2003 17:00

Good News-Bad News Featured

Aerotech, the primary manufacturer of composite hobby motors has filed for bankruptcy - This is the bad news. However the good news is RCS has made an opening offer to purchase all the assets of the business. If RCS wins the auction, the existing AeroTech product line will continue to be manufactured and sold under the "AeroTech Consumer Aerospace" brand by RCS, with the same management and production team currently employed by AeroTech.

If RCS does not win the auction, the company has made contingency plans to enter the market with a series of product offerings that are sure to be a hit with consumers. This will include reloads designed to fit seamlessly into AeroTech and other motor hardware. RCS has all federal, state and local licensing in place to begin production immediately. More information will be released after the auction takes place.
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The Utah Rocket Club is an Not for Profit organization dedicated to the promotion of safe and fun activities for people of all ages through the sport, science, and hobby of rocketry. The Utah Rocket Club supports the community through educational presentations, demonstration launches and displays for youth groups, nonprofit organizations, etc.

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