REFLECTOR: Velocity, Inc acquisition by RRCC

[Pat Shea]

Scott,

Sounds like a great opportunity to take the company to
another level. Best of luck in that endeavor!

Pat Shea

--- Scott Baker <sbakr at comcast.net> wrote:

> A Note to Fellow Velocity Aircraft Owners and Pilots
> Regarding the Recent Acquisition of the Company by
> Rocket Racing Composites Corporation -
> 
> Many have caught news of the recent buyout of
> Velocity by Rocket Racing Composite Corporation. 
> Questions abound about what this means for the
> Company and for Velocity aircraft builders, owners,
> and pilots.  I'd like to offer details about the
> buyout and how it affects us all.
> 
>  
> 
> Rocket Racing Composites Corporation (RRCC) is a
> newly formed technology subsidiary of Rocket Racing,
> Inc (RRI).  Yesterday it was announced at a major
> press conference that RRCC recently acquired
> Velocity, Inc.  The acquisition planning spanned
> several months; and was completed just a few days
> ago.
> 
>  
> 
> Velocity, Inc is strong and will continue as a
> manufacturer and parts provider focused on the
> Experimental-Amateur Built aircraft market. 
> Operations at Velocity will only get better - which
> means better support and better products for owners
> and builders!  One of our first goals is to develop
> a comprehensive parts manual for Velocity aircraft. 
> Imagine ordering a part by its part number instead
> of asking for "the big thing that sits underneath
> the small metal thing that's behind the crooked
> looking thing in the nose of the aircraft"!
> 
>  
> 
> Key members of Velocity management remain in place
> today and for years to come.  The core management
> group of Duane Swing, Scott Swing and I will
> continue managing the Company, although some of the
> titles have changed.  Duane is the CEO and will
> focus his time between the business of the Company
> and assisting RRI with rocket engine integration
> into Velocity airframes.  Scott Swing is Vice
> President of Product Development and will continue
> as the chief of the Velocity Service Center; and I
> will continue direct oversight of manufacturing and
> administration while assuming the duties of
> President.
> 
>  
> 
> New to the management team is Don Hauck (hawk), who
> is the Vice President of Sales.  I hope that
> everyone gets the opportunity to meet Don.  He is an
> exceptionally talented pilot, salesperson,
> conversationalist, and someone with whom we all form
> an instant friendship.  Don comes to Velocity as the
> leading sales person from Columbia.  He has flown
> several times in a Velocity XL and is "converted" to
> all that we hold sacred, that canard aircraft rule! 
> Don was instrumental in developing the cabin class,
> turbine aircraft design that was shown to the press
> on Monday.  Don dreams big.  Big dreams inspire!
> 
>  
> 
> Granger Whitelaw is the Chairman of Velocity, Inc
> and has a sincere interest and affection for the
> Velocity design.  Granger, who prefers to be
> addressed by his first name, is a visionary with
> plans to refine the Velocity model line into the
> spotlight of premier aircraft - more advanced than
> Columbia - more advanced than Cirrus - touching
> those who want and expect the best performing,
> safest, and most techanically advanced and
> comfortably equipped aircraft in General Aviation. 
> Look for many announcements concerning safety
> innovations originating from Velocity.
> 
>  
> 
> New models are planned over time.  For now, however,
> it is business as usual - placing greater emphasis
> on fulfilling sales - modernizing equipment and
> methods inside the factory - and continuing our
> unwavering support of Velocity customers, owners,
> builders, and pilots.
> 
> 
> 
> We are all truly looking forward to exciting times
> ahead!
> 
> Scott Baker
> 
> 
> 
> 
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