{"id":970,"date":"2007-06-04T14:25:15","date_gmt":"2007-06-04T14:25:15","guid":{"rendered":"http:\/\/vibrant.bdnvisuals.com\/2007\/06\/04\/vibrant-corporation-closes-investment-round\/"},"modified":"2007-06-04T14:25:15","modified_gmt":"2007-06-04T14:25:15","slug":"vibrant-corporation-closes-investment-round","status":"publish","type":"post","link":"https:\/\/www.vibrantndt.com\/de\/vibrant-corporation-closes-investment-round\/","title":{"rendered":"Vibrant Corporation Closes Investment Round"},"content":{"rendered":"<p>Lem Hunter, CEO of Vibrant Corporation announced today the closing\u00a0of a $1,000,000 Angel funded seed investment. This is Hunter\u2019s second start up company. He sold his first\u00a0company, Mechtronic Solutions Inc. in March of 2007.<\/p>\n<p>J.T. Michelson, one of the investors, and the former Executive Vice President of aircraft component\u00a0manufacturer Sun Country Industries, Inc., comments, \u201cVibrant is going to be a game changer for the\u00a0aerospace industry. I have been in engine component manufacturing for almost 20 years, and this is the\u00a0first nondestructive testing technology that will provide the critically needed permanent digital record of the\u00a0structural integrity of manufactured aerospace components.\u201c<\/p>\n<p>David Durgin, an active Angel Investor and Venture Capitalist, also participated in the round. \u201cThis is the\u00a0third company to leverage this technology in which I have personally invested. The other two have been\u00a0winners and I am certain that under Hunter\u2019s leadership Vibrant will follow suit,\u201d stated Durgin.<\/p>\n<p>Vibrant Corporation is introducing a new nondestructive testing technology called Process Compensated\u00a0Resonance Testing (PCRT), to the Aerospace industry. Quasar International, which was recently\u00a0acquired by Illinois Tool Works, developed the PCRT technology. Quasar successfully uses this\u00a0technology in the automotive industry while Exagen Corporation uses it in the biotech industry. The PCRT\u00a0technology evaluates the structural integrity of the part inspected. It finds defects in new parts and\u00a0provides a permanent record of the integrity of the part over time.<\/p>\n<h4>About Vibrant Corporation<\/h4>\n<p><em>Vibrant Corporation provides nondestructive testing services to customers in the aerospace\u00a0manufacturing and maintenance markets. The Company helps its manufacturing customers to increase\u00a0production yields while decreasing the likelihood of type two failures, and helps its MRO customers to\u00a0identify damaged or aged components sooner than has ever been possible. Vibrant serves nationwide\u00a0and international customers from its headquarters in Albuquerque, NM.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lem Hunter, CEO of Vibrant Corporation announced today the closing of a $1,000,000 Angel funded seed investment. This is Hunter\u2019s second start up company. He sold his first company, Mechtronic Solutions Inc. in March of 2007.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-970","post","type-post","status-publish","format-standard","hentry","category-company-news"],"_links":{"self":[{"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/posts\/970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/comments?post=970"}],"version-history":[{"count":0,"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/posts\/970\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/media?parent=970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/categories?post=970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibrantndt.com\/de\/wp-json\/wp\/v2\/tags?post=970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}