True Velocity Acquires Suppressor Manufacturer Delta P Design
Texas-based ammunition manufacturer, TV Ammo, Inc. (known as “True Velocity”), has made a significant move in the industry by acquiring Delta P Design, an advanced suppressor technology company. The acquisition was approved by the True Velocity Board of Directors, signaling the company’s strategic expansion into the growing global market for advanced weapon systems technology made in the United States.
True Velocity initially focused on deploying advanced, lightweight polymer-cased ammunition solutions in the domestic and international defense markets, along with the U.S. commercial market. However, with the addition of Delta P and the previous acquisition of Lone Star Future Weapons in November 2021, the company demonstrates its commitment to becoming a leading provider of American-made advanced, lightweight ammunition technology and next-generation weapon systems.
Craig Etchegoyen, True Velocity President and Lone Star Future Weapons Chairman, stated that the company now boasts world-class ammunition, machine gun, and suppressor technology, all made in America.
The acquisition of Delta P allows True Velocity to deliver superior ammunition, weapons, and suppressors to warfighters, aligning with their philosophy of providing top-notch American-made technology.
Delta P Design has gained recognition for its innovative, American-made centerfire rifle suppressors and accessories, offering enhanced weapon performance through weight, sound, and flash reduction while maintaining optimal functionality and maneuverability. It is the only suppressor technology known for its full reliability on machine gun platforms. True Velocity plans to optimize Delta P’s suppressor technology for military and commercial applications, in conjunction with its recoil mitigation technology and advanced weapon system designs.
True Velocity’s forthcoming .338 Norma Lightweight Medium Machine Gun, a product of over 12 years of design and development work at General Dynamics Ordnance & Tactical Systems and more than 300,000 rounds of test firing, underscores the company’s dedication to innovation and performance.
The acquisition of Delta P involved True Velocity acquiring all outstanding equity interests of the Oregon-based company on a cash- and debt-free basis in a reverse triangular merger. The merger is treated as a tax-free reorganization and was completed in July 2023.
True Velocity Chairman and Co-CEO Kevin Boscamp expressed excitement about the merger, highlighting Delta P’s culture of innovation in the suppressor space, which aligns with True Velocity’s standard of excellence.
The collaboration is expected to take ammunition and weapon technology to the next level, enhancing the company’s position in the industry.
True Velocity’s composite-cased ammunition is designed to offer significant advantages over traditional brass-cased ammunition, such as dimensional consistency, enhanced accuracy, reduced heat transfer, and a 30% reduction in weight. The company’s advanced weapon technology, including a patented impulse-averaging recoil mitigation system, further enhances performance and precision.
The acquisition of Delta P Design and its suppressor technology complements True Velocity’s existing offerings, positioning the company as a leading provider of advanced weapon systems technology, supporting the U.S. military and allied nations with a critical overmatch capability. The technologies also have potential benefits for the civilian firearms market, addressing health and safety concerns.
True Velocity continues to push the boundaries of innovation and performance in the ammunition and weapon industry, with a focus on American-made, cutting-edge technology. The company’s strategic acquisitions and advancements in suppressor technology reaffirm its commitment to delivering top-quality products to warfighters and shooters alike.