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Here’s the bloodline: Ampeg was sold to the Magnavox Corporation in 1971. Magnavox then sold Ampeg to Music Technologies Inc. in 1980. SLM bought the rights to the Ampeg name in 1986 and took possession of any Ampeg inventory left at MTI. That inventory contained enough of the old major parts (transformers, chassis, etc.) to build 500 SVTs! These amps were built in-house by the Skunk Works crew at SLM. They were supposedly the first SVTs made in the U.S. since Magnavox had the brand. SLM built and covered all the wooden cabinets and used some stock typical of their ’80s/’90s SVTs for the vinyl, knobs, grille cloth, etc.—which is why, at first glance, they look to be standard SLM-era products.
That perception is quickly put to rest once these units are disassembled. The layout and circuit boards look pretty much identical to the ’70s units. - Premier Guitar Magazine
More technical stuff is addressed.
It's basically a 70's original parts SVT made in the USA by SLM in 1987. Well regarded!