CEDIP Infrared has launched an Initial Public Offering (IPO) on the Alternext market of the Euronext Exchange. The company’s existing 2,500,000 shares of stock have been admitted on Alternext. In addition, a maximum of 712,500 new shares have been issued and admitted to the exchange.
BAE Systems E&IS Sensor Systems has been awarded a $6.1 million 21-month contract to develop a DAS (Distributed Aperture System) for U.S. Army combat vehicles. The system is intended to provide the driver and crew members of armored vehicles with unprecedented situational awareness.
Infrared sights for future soldier systems in several European countries are moving ahead rapidly after initially being delayed due to the lack of available uncooled focal plane arrays.
Thales is seeking to expand its presence in optronics in the U.S.