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Elettronica Acquires Solynx Corporation

Our Bureau - : Jan 9, 2024 - : 11:45 pm

Elettronica has completed the acquisition of Solynx Corporation, a company based in Salem, New Hampshire (U.S.) in which it was already a shareholder.

Solynx is a high tech procurement and technological scouting company that will increase opportunities for ELT Group, a leader in Electronic Defense systems, to identify new technology trends and turn them into an enrichment of its offerings to the market. In 2023, Solynx increased its order intake from 5 M€ to 12 M€.

“We are very pleased to have completed the acquisition of Solynx Corporation. This acquisition is part of the internationalization process of ELT Group, which now also has a stronger presence in the U.S. market” said Domitilla Benigni, Chief Executive Officer of Elettronica.

Headquartered in Italy, ELT Group has a multi-domain approach that also covers cyber, space and biodefense. It is a participant in major European defence programmes such as the Eurofighter Typhoon combat aircraft as well as the FREMM and PPA warships. The Group has supplied over 3000 systems and is present in more than 30 countries. The company, which has a presence in eleven countries on three continents, is also participating in projects to develop the sixth-generation Global Combat Air Programme.


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