REDARC secures critical local Defence IP in strategic acquisition
Leading South Australian provider of portable power solutions and electronic systems, REDARC, has acquired the intellectual property (IP) of local electronic warfare company, Asension, in a move that will protect critical sovereign Defence capabilities. The acquisition is set to bolster the technical knowledge and expertise of REDARC Defence & Space, which is dedicated to delivering cutting-edge technology to meet the evolving demands of the defence and space industries. Asension, which announced it had entered voluntary administration earlier this year, was founded in 2018 as an innovative electronic components, sensor, and system provider, focused on developing technology for Australia’s Department of Defence ...