It seems like 2022 has big things in store for optics manufacturer EOTECH. In late December the company announced that it would be expanding to two new facilities in the state of Michigan. The company will be moving its operations to Traverse City, MI and Plymouth, MI respectively. Now, EOTECH is expanding into the night vision game by acquiring Photonics. Photonics is an industry leader in digital sensor technology. The company is potentially best known for their involvement in the U.S. Army’s Integrated Visual Augmentation System or IVAS for short.
Photonics specializes in the development and production of high-sensitivity night vision sensors, cameras, and systems. The company has been involved in the development of technology programs for the Apache helicopter and the F-35 Joint Strike Fighter.
Back in June 2021, Photonics was awarded two phase 1 contracts to support the IVAS program. The first contract focuses on greater performance on CMOS image sensor. While the second contract focuses on company’s Enhanced Performance Electron Bombarded Active Pixel Sensor (EBAPS) technology. These systems are both designed to enhanced low-light operations for its users. In October 2021, U.S. Army delayed operational testing of the IVAS system to allow further development.
In a press release announcing the deal Founder of Kouza Capital, Inc. Christopher Kouza spoke about the deal said:
“The idea of acquiring Photonics made great strategic sense from Day One. Combining the Photonics advanced digital sensor capabilities with EOTECH’s world-class marketing and global distribution reach will be a powerful engine for the future.”
While CEO of EOTECH, Matt Van Haaren said this about the acquisition of Photonics:
“Naturally we’re looking forward to combining our teams to strengthen our service to the US military as well as our service to the governments of allied nations. The cultures of both companies are tailor-made for that kind of teamwork. But we’ll also be working in parallel to develop great new product lines that elevate the performance expectations of digital visual augmentation systems for the soldier, the civilian, the vehicle driver, the aviator, and many other users around the world.”
It seems that the acquisition of Photonics is a natural progression for EOTECH. Which allows them naturally move into the night vision space for the optics company. We have to wait and see what fruit comes from this new acquisition of Photonics by EOTECH.
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