American-based artificial surface supplier, who are to join the board, are to invest £5 million pounds into Port Vale, over the next 12 months, with a further £3 million pounds of investment to follow.
The club's Chief Executive Perry Deakin said, "I am very excited; it is fabulous news for everybody at the club. We have worked long and hard in delivering this to the football club and now we just need to move on and reap the benefits of it.
"Blue Sky is a long established American company. They have been involved in the artificial surface business for over 40 years now and their CEO has remained the same during that period. They are involved not only in the sale and installation of artificial surfaces, but also the technology itself.
"In terms of where they are looking to develop and the benefits to them of being involved in the football club, they are looking for a base in the UK and a brand in the UK and fortunately for us, they have looked at Port Vale and seen that they can develop their own brand alongside ours."
Port Vale have also announced a new sponsorship agreement with AJP Group. The deal sees the investment management company become the official back of the shirt sponsors for the next three years.
AJP Group's name and logo will feature on the back of the first team's home and away shirts.
Port Vale Sales Manager Chris Bedding said: "I am delighted to welcome AJP Group and Andrew Pritchard to the club.
"I am looking forward to a long and successful relationship with AJP Group and it is encouraging to see local as well as national companies continue to invest in the club."