Home- Stories -Hensoldt and Atlas Group Join Hands for JV at IDEX

Hensoldt and Atlas Group Join Hands for JV at IDEX

: Feb 19, 2019 - : 2:22 am

Hensoldt’s Optronics business line and Atlas One-to-One Services are setting up a Joint Venture, it was announced at the ongoing IDEX 2019. The two companies will establish an Optronics Center of Excellence with a maintenance, repair and operations (MRO) capability.

 

By the formation of the company, Hensoldt, the German Sensor House, will fulfil its offset obligations connected to the sale of NightOwl cameras, spotting scopes and night sight equipment to the United Arab Emirates.  The obligations were set by United Arab Emirates Offset Authority Tawazun Economic Council (TEC).

 

The Optronics Center of Excellence, based in Abu Dhabi, will offer current and future customers in the UAE and in the region unique service capabilities for Hensoldt products at service level 3 with spare parts and special tool and test equipment. Hensoldt will provide the necessary equipment, including a Golden Unit of the Night Owl M camera system, as well as in depth training of personnel of the JV partner. In the future, the Optronics Center of Excellence will also provide service for third party products as well as a system integration capability and the sale of Hensoldt’s  electro-optical and other surveillance sensors for wide area surveillance in the region. These include thermal cameras, visual cameras, as well as laser, passive and active sensors.

 

”Hensoldt and Atlas Group have a long-lasting relationship and together provide customer-oriented solutions to the General Headquarters,” said Andreas Hülle, Managing Director of Hensoldt Optronics. “The creation of the JV, of which 51 per cent will be held by Atlas Services and 49 per cent by Hensoldt, will further develop and deepen the existing economic ties between both parties.”

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