Electro Optic Systems Holdings Limited (EOS) has entered into an agreement to acquire the MARSS group business.
MARSS’ proprietary command and control (C2) technology, NiDAR, provides AI-enabled decision making and sensor-effector orchestration to counter asymmetric drone threats.
EOS plans to embed the NiDAR technology into its existing remote weapon system product range. “It is envisaged that this will create the ability for the systems to form a mesh-network, providing the client’s vehicle fleet hemispherical coverage against drone attacks – a new feature in today’s market,” EOS said in a January 12 press statement.
By combining its own effector and sensor capabilities with MARSS’ C2 technology, EOS is moving from being a component supplier to an integrated counter-drone systems provider, with additional software and AI capabilities.
The acquisition enables EOS to compete for larger, higher-value programmes as a Prime Contractor. This includes the delivery and operation of turn-key solutions for the protection of critical infrastructure in the military, homeland security and civil domain, such as airports or power plants.
The deal also expands EOS’ geographic footprint and broadens its end market presence.
The transaction is structured as an asset acquisition, with consideration consisting of an upfront cash payment of AUD 54 million and an earnout capped at AUD 174 million, being additional contingent consideration tied to new MARSS sales.
Completion is expected in 2026, subject to customer, regulator and other approvals.
For more information
Image: MARSS / EOS
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