Aspen Avionics Acquires GPS Manufacturer Accord Technology

Aspen Avionics has purchased Accord Technology, which manufactures the NexNav GPS sensors and was the first GPS manufacturer to receive FAA authorization for meeting Technical Standard Order C145c.Accord Technology manufactures a line of three GPS receivers: the NexNav Mini, NexNav Max and NexNav Micro. The company is a joint venture of Accord Software & Systems of Bangalore, India, and AvValues of Phoenix and is a supplier to many avionics manufacturers. Aspen Avionics will retain the Accord offices and production facility in Phoenix, and the combined companies will be named Aspen Avionics, while retaining the NexNav brand name. AvValues founder Hal Adams will be executive vice president of business development for the new company.

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