ATLAS North America, a wholly owned subsidiary of Germany-based ATLAS ELEKTRONIK, has acquired the business of Marine Sonic Technology, based in Yorktown, Virginia, US, via an asset deal. Terms of the transaction were not disclosed.
ATLAS North America president and CEO Sergio Diehl said: "ATLAS North America’s acquisition of Marine Sonic Technology creates for the ATLAS Group a greater worldwide stake within the sonar survey, mine warfare and the fast-growing autonomous vehicle markets. Marine Sonic Technology’s core competencies with high-resolution sonar technology are highly synergistic to the ATLAS Group’s existing capabilities, and with the addition of these new side scan products, expand ATLAS’ total sonar product offerings. For ATLAS North America, the new combined facility provides the critical US-based production and manufacturing facility required to affix the "Made in the USA" label on SeaFox mine neutralization vehicles, and other planned products for the US Navy mine warfare forces."
Marine Sonic Technology president and principal research engineer Martin H. Wilcox said: "This acquisition will allow both organizations to enlarge and improve their research, development and manufacturing capabilities in the realm of marine technology. The entire Marine Sonic organization is looking forward to working with our new colleagues at Atlas North America."
Marine Sonic Technology is a world-leader in the development and manufacturing of ultra high-resolution side scan sonar systems. Offering the highest resolution currently available at 1,800kHz, Marine Sonic Technology has continued to pioneer new advancements in sonar since its inception in the late 1980s, from the early sonic high-accuracy ranging and positioning system (SHARPS) to the latest ARC Scout, which is the smallest dual-simultaneous digital CHIRP embedded system capable of producing near photographic imaging. Marine Sonic Technology serves industries worldwide, such as oil and gas, oceanic and marine construction, search and rescue, law enforcement, military and defense, and anywhere accurate ultra high-resolution underwater imaging is required.