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Elbit Systems Acquires Canadian Underwater Robotics Firm ISE
On Tuesday, October 20, 2026, Elbit Systems announced the completion of its acquisition of International Submarine Engineering (ISE), a Canadian company specializing in autonomous underwater vehicles and remotely operated robotic systems. The financial terms of the transaction were not disclosed, with Elbit Systems stating that the purchase price is not material to its overall operations.
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What happened
- 01Elbit Systems completed the acquisition of Canadian firm International Submarine Engineering (ISE), which specializes in autonomous underwater vehicles.
- 02The financial terms of the acquisition were not disclosed, and Elbit Systems stated the deal is not material to its overall operations.
- 03ISE has over 50 years of experience in underwater robotics and has delivered more than 250 underwater vehicles to clients in over 20 countries.
- 04The acquisition aims to enhance Elbit Systems' capabilities in maritime intelligence, surveillance, reconnaissance, mine countermeasures, and anti-submarine warfare.
- 05ISE develops both autonomous underwater vehicles and remotely operated vehicles controlled by operators using cameras, sensors, and robotic arms.
- 06Elbit Systems' President and CEO Bezhalel (Butzi) Machlis described the acquisition as a strategic milestone that strengthens the company's global maritime solutions.
Based near Vancouver, Canada, ISE has over 50 years of experience in underwater robotics and has supplied more than 250 underwater vehicles to clients in over 20 countries worldwide. The company designs and manufactures autonomous underwater vehicles that operate independently based on pre-programmed missions, as well as remotely operated vehicles controlled by operators using cameras, sensors, and robotic arms.
Elbit Systems plans to integrate ISE's technology with its existing maritime portfolio, which includes unmanned surface vessels, underwater systems, command and control systems, sonar, and electronic warfare technologies. According to Elbit Systems' President and CEO Bezhalel (Butzi) Machlis, the acquisition is a strategic milestone that strengthens the company's position as a global provider of integrated, end-to-end maritime solutions, particularly in underwater intelligence, surveillance, mine countermeasures, and anti-submarine warfare.
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Elbit Systems Acquires Canadian Underwater Robotics Firm ISE