Velocity Aerospace Group, Inc.

Velocity Aerospace Group, Inc. is a specialized provider of aviation repair and maintenance services, focusing on avionics and DER repair solutions to enhance operational efficiency in the aerospace sector. Founded in 2013 in Burbank, US, Velocity Aerospace Group, Inc. offers a range of aviation services.

The company was recently acquired by Precision Aviation Group Inc. in November 2021, enabling a shift in ownership and operational focus. The founders, Jeffrey Black and Joseph Ingram, established the company with a vision to address specific needs in the aerospace maintenance industry. The current CEO is Donald Budhu.

Velocity Aerospace Group, Inc. specializes in providing repair and maintenance services for avionics and Designated Engineering Representative (DER) solutions tailored for the aviation sector. Their offerings support a diverse client base, including airlines and private aviation operators, ensuring compliance with stringent aerospace regulations and enhancing the reliability of avionics systems. Velocity Aerospace Group, Inc.

operates under a service-based revenue model, where clients engage the company for their specialized aviation repair services. Revenue is derived primarily from contracts with aerospace operators, focusing on B2B transactions. The pricing structure is dependent on the specific services rendered, catering to the unique needs of each client. Looking ahead, Velocity Aerospace Group, Inc.

plans to expand its service offerings and geographic reach following its acquisition by Precision Aviation Group Inc. The acquisition aims to enhance Precision Aviation's avionics and DER repair portfolio, with specific growth initiatives and product launches anticipated in the near future. The strategic focus will include entering new markets to strengthen their position in the aerospace sector, leveraging the recent funding derived from the acquisition to support these expansion efforts.