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True Velocity composite-cased 6.8mm ammunition [Photo: True Velocity]
Garland-Based Innovative Composite Ammunition Maker Set to Go Public with Expected $1.21B Valuation
by Dallas Innovates | Staff Report | Nov 1, 2022
Garland-based TV Ammo—the parent company of True Velocity and LoneStar Future Weapons—is merging with Irving-based Breeze Holdings Acquisition Corp. in the Nasdaq-focused deal.
True Velocity's composite-cased ammunition reduces weight 30% compared to brass-cased cartridges, providing what the company calls "exceptional accuracy and consistency" while reducing heat transfer to the weapon platform for defense, law enforcement, and commercial sectors.
