Elbit Systems Acquires Canadian Autonomous Submarine Firm
Translated & summarized from Arutz Sheva by baba
Elbit Systems has acquired Canadian firm ISE, a specialist in autonomous underwater vehicles, to expand its maritime capabilities. The acquisition aims to enhance Elbit's offerings in intelligence, surveillance, reconnaissance, mine countermeasures, and anti-submarine warfare. ISE has supplied over 250 underwater vehicles globally. Elbit Systems CEO Bezhalel (Butzi) Machlis stated the move strengthens the company's position as a global provider of integrated maritime solutions.
The story in 5 lines · by baba
- Elbit Systems acquired Canadian firm ISE, specializing in autonomous underwater vehicles.
- The acquisition aims to enhance Elbit's capabilities in maritime intelligence, surveillance, and warfare.
- ISE has over 50 years of experience and has supplied more than 250 underwater vehicles worldwide.
- The deal integrates ISE's technology with Elbit's existing autonomous, command and control, and electronic warfare systems.
- Elbit Systems CEO Bezhalel (Butzi) Machlis called the acquisition a strategic milestone.
Elbit Systems announced Tuesday the completion of its acquisition of Canadian firm ISE, which specializes in developing autonomous and remotely operated underwater vehicles. The acquisition is intended to expand the Israeli company's operations in the autonomous maritime systems sector and enhance its capabilities in intelligence, surveillance, and underwater warfare missions.
The deal was finalized for a sum Elbit described as not material to the company, without disclosing the exact purchase price. ISE, headquartered near Vancouver, Canada, has over five decades of experience in underwater robotics. The company develops and manufactures autonomous underwater vehicles capable of operating without continuous human control, as well as remotely operated vehicles, computerized control systems, and other robotic solutions.
ISE has supplied over 250 underwater vehicles to clients in more than 20 countries worldwide. Elbit highlighted that integrating ISE's systems will bolster its offerings in three key areas: underwater intelligence, surveillance, and reconnaissance; naval mine countermeasures; and anti-submarine warfare.
Elbit stated that the acquisition aligns with its strategy to expand its maritime operations by integrating autonomous systems with command and control capabilities, sensors, mission systems, and electronic warfare technologies. Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, commented that the acquisition is another milestone in the company's strategy to broaden its maritime solutions, stating that ISE's underwater technologies, combined with Elbit's existing capabilities in naval electronic warfare, autonomous systems, precision naval munitions, and naval mission systems, will further strengthen its position as a global provider of comprehensive and integrated maritime solutions.
