Safran Electronics & Defense and Theon International (THEON) announced the signing of a Memorandum of Understanding to establish a joint venture that will focus on the design, development, and commercialization of electro-optical and infrared systems for unmanned aerial vehicles, according to a related announcement.
The new joint venture will leverage the complementary strengths of the two companies to develop advanced next-generation optronic solutions, including small-sized stabilized gimbal systems weighing less than 8 kilograms, meeting the ever-growing demand for ISR and targeting capabilities in the defense and security markets.
Safran Electronics & Defense leverages its leadership in Intelligence, Surveillance, and Reconnaissance (ISR) and electro-optical systems, with particular expertise in stabilized gimbal systems. For its part, THEON strengthens the partnership with its expertise in advanced sensors and electro-optical technologies.
The two companies aim to develop flexible, multi-platform-compatible solutions, covering the full spectrum of operational needs for the mass production of affordable systems.
“The partnership with THEON strengthens Safran Electronics & Defense’s leadership position in electro-optical systems, accelerating the development of next-generation, flexible solutions compatible with multiple platforms, and providing ISR capabilities across the full spectrum of missions and operational requirements. “This is a significant step toward strengthening European technological autonomy in a critical defense sector,” said Alexandre Ziegler, Executive Vice President and Head of the Defense Division at Safran Electronics & Defense.
Christian Hatziminas, Founder and CEO of THEON, stated: “We greatly appreciate SAFRAN’s decision to partner with THEON in one of the fastest-growing sectors of the defense market. This is a landmark move for THEON, combining our strengths with those of a global leader.”