French company Orolia announced this week it has agreed to acquire Talen-X, a U.S. company that specializes in Positioning, Navigation and Timing (PNT) solutions.
While terms of the deal were not disclosed, the transaction is subject to approvals required by the Defense Security Service and the Committee on Foreign Investment in the United States.
Talen-X develops technologies that "characterize, enhance and implement advanced techniques and products to solve real-world [Global Navigation Satellite System] vulnerability problems," according to an Orolia statement.
"Through this acquisition, Orolia will significantly enhance Assured [Positioning, Navigation and Timing] capabilities across the global company's portfolio to support mission-critical applications," the statement reads. "These additional resources also strengthen Orolia's commitment to serving the U.S. government, with further expansion of domestic capabilities and a greater U.S. footprint. Toward that end, the companies will reinforce their commercial co-operation in order to maximize market awareness and access."
Tim Erbes, Talen-X's chief technology officer, said: "Our culture of innovation, together with our demonstrated testing capabilities, will complement Orolia's global technology expertise and significantly enhance the reliability, performance and safety of military operations."