FLIR Systems acquires Prox Dynamics
Stephen LawTest & Measurement Supply Chain acquisition
Acquisition adds unique nano-drone unmanned aerial systems leveraging Lepton capabilities to surveillance product range
FLIR Systems Inc. has acquired Prox Dynamics AS, a leading developer and manufacturer of nano-class unmanned aerial systems (UAS) for military and para-military intelligence, surveillance and reconnaissance applications, for approximately USD$134-million in cash.
Based in Oslo, Norway and founded in 2007 by pioneers in nano helicopter technologies, Prox Dynamics develops, manufactures and distributes aerial sensors that are revolutionarily small, light and covert surveillance systems. Prox Dynamics’ Personal Reconnaissance System (PRS) features their Black Hornet aerial sensor and a hand controller, a system that is pocket sized and hand-launched by a soldier in the field, enabling a significant advantage in situational awareness and mission planning. The Black Hornet aerial sensor utilizes FLIR’s Lepton micro thermal camera, visible spectrum cameras, advanced low-power rotor technology, and proprietary software for flight control, stabilization, and communications. The Black Hornet helicopter is one of the lightest, stealthiest, and safest drones in the market, offering a highly advanced, lifesaving surveillance solution for traditional military forces and special operations forces. Weighing less than one ounce, the Black Hornet helicopter can fly for up to 25 minutes at line-of-sight distances of up to one mile.
FLIR intends to invest in optimizing the PRS platform
The addition of the Prox Dynamics business will augment FLIR’s Surveillance segment by extending FLIR’s Airborne sensor product line and fully leveraging Lepton technology. FLIR intends to invest in optimizing the PRS platform to further enhance the range, cost, flexibility, and performance of the system. The Prox Dynamics team will benefit from close interaction with FLIR’s thermal sensor development group as well as the ability to leverage FLIR’s brand, distribution, and customer support infrastructure to better serve a global base of users. The business will become FLIR’s Unmanned Aerial Systems (UAS) line of business operating within the Surveillance segment.
“This acquisition adds a unique unmanned aerial systems capability to our portfolio. The Prox Dynamics team has created a highly-differentiated solution, incorporating our Lepton sensor, for advanced intelligence, surveillance, and reconnaissance that fits well with our vision for growth for our Surveillance segment,” says Andy Teich, president and CEO of FLIR. “The team at Prox Dynamics operates with a commercial mindset, which is a great fit for FLIR’s ‘commercially developed, military qualified,’ or ‘CDMQ,’ operating philosophy. We are excited to welcome the Prox Dynamics team to FLIR and look forward to working together to further advance this remarkable system capability.”