FLIR Systems continues to expand its unmanned systems capabilities with the recent acquisition of Endeavor Robotics.
Boston-based Endeavor develops tactical unmanned ground vehicles (UGVs) for global military, public safety and critical infrastructure markets. FLIR entered into the definitive agreement to acquire Endeavor Robotic Holdings, Inc. from Arlington Capital Partners for $385 million in cash.
Endeavor’s mobile robots are easy to operate and use “advanced sensing and actuation in providing explosive ordnance disposal, reconnaissance, inspection, and hazardous materials support for troops, police, and industrial users at stand-off range,” according to a news release. They’ve been deployed in many different applications by SWAT teams, first responders and at nuclear power and industrial plants.
“The acquisition of Endeavor Robotics, coupled with previous acquisitions of Aeryon Labs and Prox Dynamics, has positioned FLIR as a leading unmanned solutions provider and advances the strategy we detailed at our Investor Day last year,” FLIR Systems President and CEO Jim Cannon said. “This acquisition aligns with our evolution from sensors to intelligent sensing and ultimately solutions that save lives and livelihoods. Endeavor’s momentum with the U.S. DOD and other global defense and police forces provides us significant opportunity to participate in long-term franchise programs and will help us create growth for the company.”
Upon closing of the acquisition, which is expected in the first quarter, Endeavor will be part of the FLIR Government and Defense Business Unit’s Unmanned Systems and Integrated Solutions division.
“Joining forces with FLIR Systems will allow Endeavor to take its life-saving technology to the next level, so we can better serve the warfighter, the police officer, and the first responder who use our robots on the frontlines every day,” Endeavor CEO Sean Bielat said, according to the release. “We’re excited to be part of a company that sees its strategic growth in unmanned systems and will invest in our products, platforms and people. It is a tremendous fit and we look forward to the mission ahead.”