News: Microelectronics
18 March 2024
GaAs Labs sells Mission Microwave
California-based technology investment company GaAs Labs LLC has sold its portfolio company Mission Microwave Technologies LLC of Cypress, CA, USA — a provider of gallium nitride (GaN)-based solid-state power amplifiers (SSPAs) and block upconverters (BUCs) to the satellite communications market — to an investment affiliate of US-based J.F. Lehman Company (JFLCO).
The long-standing partnership between industry veterans John and Susan Ocampo of GaAs Labs and the Mission team saw the company grow significantly as it expanded its portfolio of microwave and millimeter-wave products to support critical ground-based, airborne, maritime and space-based applications for both government and commercial customers. Utilizing its unique power-combining technology and integrated systems design, Mission provides what is claimed to be the industry’s most efficient, lightweight and compact high-power systems.
“Mission’s commitment to its customers with innovative and differentiated product offerings has propelled its position as a market leader,” says GaAs Labs’ manager & co-founder Susan Ocampo. “We are committed to Mission’s continued success as they embark on their next phase of growth,” she adds.
“John Ocampo [who passed away in November] and GaAs Labs have been instrumental partners in helping Mission expand and evolve into a market leader,” comments Mission’s co-founder, president & CEO Francis Auricchio. “With the support of their deep technical expertise and operational experience, we have been able to accelerate our growth while advancing our products to serve the critical needs of our customer base,” he adds. “We thank GaAs Labs for their partnership as we continue to expand our market position under JFLCO’s sponsorship.”
Phillips Lytle provided legal counsel and KippsDeSanto & Co served as financial advisor to GaAs Labs and Mission.
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