Press
Release - 13 September, 2001
VEKTREX selected as CalTIP Grant Recipient
Governor Gray Davis has announced that
Vektrex Electronic Systems, Inc. has been selected to receive the coveted
CalTIP competitive technology grant.
The CalTIP (California Technology Investment
Partnership) grant is designed to increase economic growth, global
competitiveness, and high-wage jobs in California. The CalTip matching grant
program accelerates the commercialization of emerging technologies
leveraging private sector, federal, and state resources.
Vektrex, one of 25 companies in California to
be selected for this prestigious award, thanked the SDRTA for their help
and mentoring during the bid process. The SDRTA
(San Diego Regional Technology Alliance) is a non-profit organization
focused on helping entrepreneurs turn ideas into companies and companies into communities.
See their website at www.sdrta.org.
Vektrex will use the grant to develop and
commercialize innovative high-technology products, addressing instrument
obsolescence, interchangeability, and interoperability.
Vektrex advances measurement technology changing the
way test measurements are made, providing innovative measurement solutions
supporting defense, telecommunications, and semiconductor industries.
For more information please contact:
Melissa Ford
(858) 558-8282
sales@vektrex.com