Inc. Magazine gives Fast Growth Award to Space Micro
Company shows compound growth rate of 121%.
SAN DIEGO, CA - November 5, 2008 - Space Micro Inc. was recognized in Inc. magazine's list of the "5000 Fastest Growing Private Companies" in the USA for 2007. The list is comprised of the top 5000 companies with the highest growth of revenues from 2004 to 2007 in the entire country. Space Micro was ranked #2959 on the Inc. 5000 list with a compound growth rate of 121%.
This achievement puts Space Micro among an elite group that has included Microsoft, Oracle, GoDaddy, and Intuit. Many of today's most successful U.S. companies received their first public recognition when they appeared on the Inc. 5000 list.
Space Micro's CEO David Strobel commented, "On behalf of our Space Micro team we are honored to have received this award for the second consecutive year. Our team has worked diligently to develop innovative space products government, commercial and academic customers. We are positioned for continued rapid growth in both revenue and hiring in 2009."
Since its inception, Space Micro has experienced continuous rapid growth with such diverse clients as Raytheon, Goodrich Aerospace, Pratt Whitney, Orbital Sciences, SAIC, NASA, Lockheed Martin, Missile Defense Agency, and the United States Air Force. Space Micro has grown from a small startup company in 2002, to a company currently employing over 30 professional engineers. They have significantly increased their space product line, and have grown from one to four separate divisions: Space Electronics, RF and Microwave, Advanced Materials, and Domestic Security. With this growth, each division has its own unique products and services available to offer the customer base. Other awards Space Micro has received include: AEA Emerging growth nominee, SDBJ Fast 100, Nomination for CONNECT's "Most Innovative Product Nomination", and San Diego Business Journal's "Best Places to Work Award."
About Space Micro Inc.
Founded in 2002 as a satellite technology research and development company, Space Micro Inc. is a leader in taking technologies from the commercial sector and applying these to meet the needs of the Space, Aerospace, Military, and Domestic Security markets. Space Micro is a pioneer in providing radiation-hardened by design solutions for advanced electronic systems and microelectronics, including the development of the world’s fastest small space computers such as the Proton200kTM. Other Space Micro innovations include the Proton300K™; TTMR™; HCORE™ and Radsite™. Space Micro is an employee-owned company based in San Diego, CA, USA.
- END –
Go to the Space Micro News page.
For More Information Contact:
10401 Roselle Street, STE 400, San Diego, CA 92121
Tel: 858-332-0700
FAX: 858-332-0709
Internet: info@spacemicro.com