Texas Emerging Technology Fund Invests $750,000 in StarVision Technologies, Inc.
Posted on: Thursday, 10 January 2008, 09:00 CST
COLLEGE STATION, Texas, Jan. 10 /PRNewswire/ -- Today, StarVision Technologies, Inc. announced receipt of a $750,000 investment from the Texas Emerging Technology Fund. Proceeds will be used to build a clean room to manufacture satellite systems and other products for the aerospace industry. Construction of the facility will begin immediately and is scheduled to be completed in late February.
"The addition of a clean room positions StarVision as one of the few companies in the country able to manufacture satellite systems and other aerospace products for the United States military," said Michael Jacox, Founder, President and CEO of StarVision. "It also gives us the opportunity to expand our current product offerings for government and commercial markets."
StarVision is committed to innovative research, development and manufacturing of advanced and superior products for electro-optic navigation, attitude determination, target recognition and surveillance markets in the aerospace industry. "This investment from the Emerging Technology Fund helps our researchers continue to bring innovative technologies like StarCam(TM) to the marketplace," said Guy Diedrich, Vice Chancellor for Technology Commercialization for the Texas A&M University System. "We look forward to continuing our work with StarVision to develop more exciting, cutting-edge technologies for use in the aerospace industry."
Founded in 2003, StarVision has established core competencies in the fields of computer vision, electro-optics, embedded systems and guidance, navigation and control systems. "Our new state-of-the-art clean room gives us a competitive edge in our market and helps StarVision attract and retain leading industry experts," says Dr. James Ochoa, Vice President of Engineering. "More importantly, the lab gives us the ability to leverage our manufacturing expertise and enhance our ability to deliver qualified and highly reliable avionic products."
For additional information on the investment made in StarVision Technologies, Inc. by Texas Emerging Technology Fund, contact Gail Mills or visit http://www.starvisiontech.com/.
ABOUT STARVISION -- StarVision Technologies, Inc. is a leading provider of intelligent optical-based guidance, navigation and surveillance systems. Our products are the most advanced in the industry and qualified to operate in aerospace environments. Our customers in government and commercial markets rely on us to consistently deliver high-performance products at lower costs.
CONTACT: Gail Mills StarVision Technologies, Inc. 979.458.1445 Phone 979.458.1481 Fax gmills@starvisiontech.com http://www.starvisiontech.com/
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/.
StarVision Technologies, Inc.
CONTACT: Gail Mills of StarVision Technologies, Inc., +1-979-458-1445,FAX +1-979-458-1481, gmills@starvisiontech.com
Web site: http://www.starvisiontech.com/
Source: PRNewswire
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