Rocketry Planet

LAS VEGAS, Nevada USA — On the afternoon of February 25th, AeroTech and potential bidders appeared in court in Las Vegas, Nevada to again discuss the sale of AeroTech's assets in accordance with a Chapter 11 filing some months earlier.

Lawyers for several potential bidders presented various view points after which the judge declared a federal review of AeroTech's assets would take place during the next 30 days.

On March 25th the results of this review would be presented and the assets will be described to the potential bidders before the judge. After the review an auction of AeroTech's assets will take place on April 2nd.