A team of British engineers based in Portsmouth has successfully demonstrated a new type of…
37th SPACE SYMPOSIUM, COLORADO SPRINGS: EOS acquires precision optics provider KiwiStar Optics from Callaghan Innovation
Electro Optic Systems Holdings Limited (EOS) will acquire the assets and hire the personnel of KiwiStar Optics (KSO) in a deal with New Zealand Government innovation agency Callaghan Innovation. The value of the acquisition hasn’t been disclosed.
KSO produces precision optics (telescope lenses up to and over 1m in diameter) and spectrographs.
EOS says it will make a significant investment in KSO to protect and grow its technologies. KSO has a small workforce who are highly trained in precision optics and/or have educational backgrounds in engineering, physics, mathematics, astronomy or optics.
EOS has been a major customer of KSO for many years, and EOS sees an opportunity to leverage its own global network to expand KSO’s marketing and distribution reach.
EOS is also investing to add further capability to KSO through an investment in new state-of-the-art optical equipment via the asset purchase of Arizona Optical Services, a world leader in the manufacture of large aspheric optics. This will augment the existing equipment and skill base of the KSO team.