Elbit conquers a new frontier - this time underwater: All the details on the deal in Canada

Elbit Systems has completed the acquisition of the Canadian company ISE, which specializes in autonomous underwater robots and vehicles. The company has supplied more than 250 vehicles to customers worldwide. The acquisition aims to expand Elbit's capabilities in the maritime arena, particularly in intelligence, mine warfare, and anti-submarine warfare.

Elbit Systems has completed the acquisition of the Canadian company ISE, which specializes in the development and production of autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs). The purchase price was defined as 'not material' for Elbit. ISE, headquartered in the Vancouver area, has been operating for over 50 years and has supplied more than 250 vehicles to customers in over 20 countries. Elbit stated that integrating ISE's technologies is intended to expand its capabilities in underwater intelligence, surveillance, and reconnaissance, mine warfare, and anti-submarine warfare, and to strengthen the company's maritime response.