Valley Forge Composite Technologies, Inc. Delivers Specialized Space Components to National Aeronautics and Space Administration (NASA)
Valley Forge Composite Technologies, Inc. announced today that its wholly-owned subsidiary, Valley Forge Aerospace, Inc. has delivered to NASA its state-of-the-art components for project evaluation. Valley Forge provided to NASA specialized, prototype Attitude Control Instruments produced to NASA’s precise engineering specifications.
Valley Forge, a prior winner of the NASA Director’s Award for their composite rotors and space bearings, has substantial experience in the satellite momentum and bearings field. Typically, satellites contain from two to six momentum/reaction wheel assemblies. Valley Forge’s composite rotor is lighter, more stable, and less expensive than metal rotors currently in use. Composite wheel and bearing design allows smoother, faster and longer life than current designs resulting in significant improvements in satellite operational effectiveness.
Louis J. Brother, President and CEO of Valley Forge, said, “We’re confident that NASA will be satisfied with the delivery and we expect our product to meet or exceed their expectations. We’ve provided NASA with a better designed, more lightweight product at a lower cost; we expect the results of their evaluation to be excellent.”
About Valley Forge
Valley Forge Composite Technologies, Inc. and its wholly-owned subsidiaries are developers, manufacturers and worldwide distributors of next-generation detection and aerospace systems.
Valley Forge Detection Systems, Inc. is developing THOR LVX, an Advanced Explosives Detection System capable of penetrating all shielding to detect and identify explosives, nuclear material, narcotics and chemical and biological agents. It uses photonuclear gamma ray technology to identify substances at the molecular level. Expected markets include airports, seaports, cargo terminals and border crossings.
Valley Forge Imaging, Inc. offers the ODIN Personnel Screening System, which may be used in any market requiring personnel screening such as airports, schools, government buildings, sporting events, and passenger ferry terminals. It allows screeners to detect items such as explosives, weapons, narcotics, gemstones, bundled currency and ingested items at a rate of approximately 720 persons per hour without the need to remove coats, shoes or personal belongings.
Valley Forge Aerospace, Inc. brings cutting-edge components and customized solutions to the aerospace industry such as specialized, prototype Attitude Control Instruments for NASA, built to meet NASA’s precise engineering specifications.
Valley Forge Emerging Technologies, Inc. exists to develop and commercialize other unique and innovative technologies.
For more information on Valley Forge and its products, visit the corporate website: http://www.vlyf.com/ . For articles, videos and media coverage of the company and industry, visit: http://www.vlyf.tv/ .
Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for certain forward-looking statements. Statements in this press release that relate to Valley Forge Composite Technologies, Inc.’s future plans, objectives, expectations, performance, events, reports made by others, and the like, including a statement about the assumptions underlying a forward-looking statement, are forward-looking statements protected by the safe harbor. Investors should understand that future events, risks and uncertainties, individually or in the aggregate, are factors that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. These factors could include changes in economic conditions or government policies that may change the demand for the Company’s products and services and could include other factors discussed in the sections of the Company’s report on Form 10-KSB for the year ended December 31, 2006 as filed with the U.S. Securities and Exchange Commission, entitled “Description of Business” or “Management’s Discussion and Analysis or Plan of Operation.” This release is comprised of interrelated information that must be interpreted in the context of all of the information provided and care should be exercised not to consider portions of this release out of context. Valley Forge Composite Technologies, Inc. uses paid services of investor relations organizations to promote the Company to the investment community. Investments in the Company should be considered speculative, and, prior to acquisition, should be thoroughly researched. Valley Forge Composite Technologies, Inc. does not intend to update these forward-looking statements prior to its reporting of its quarterly or annual results.
