Breaking news
Paramount Group launched a new Robotics division dedicated to UAV systems.
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Defence & Security Industry News - Paramount Group |
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| Tuesday, September 9, 2014 12:13 PM | |||
| Paramount Group launched a new Robotics division dedicated to UAV systems | |||
Paramount
Group is investing more than $9 million in unmanned vehicles with the
launch of a new Robotics division, which encompasses unmanned ground,
air and sea vehicles. At the same time as the Robotics division was announced,
Paramount also revealed it had bought Aerosud Aerospace Systems and Veecraft
Marine, further adding to its already diverse capabilities. |
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 Paramount Group Kiwit miniature UAV |
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Discussing
the launch of the new entity last week, Ivor Ichikowitz, Executive Chairman
of Paramount Group, said that, “The next generation of innovation
in the global defence and security sector will be in the Robotics sector.
As warfare becomes more complex and the political risk associated with
loss of life becomes more sensitive, both sophisticated and developing
defence forces alike are investing in reducing the number of soldiers
exposed to dangerous environments. In light of this we are pleased to
announce the establishment of Paramount Robotic Systems – a consolidation
of Paramount’s mission systems, unmanned and robotics capabilities
across land, sea and air. This division will consolidate Paramount’s
robotics research and development activities as well as the organisations’
current unmanned programmes.”
The Group will invest over $9 million in research and development funding in robotics, “bringing to market some of the most exciting innovations in the autonomous defence space.” Paramount Group already has a number of unmanned products in its stable. It acquired unmanned aerial vehicle (UAV) capabilities through the acquisition of Advanced Technologies and Engineering (ATE), now Paramount Advanced Technologies. Its UAV range includes the Civet, Roadrunner rhomboid wing UAV and new Mwari UAV. Paramount has also proposed an AHRLAC 25 unmanned version of its Advanced High-performance Reconnaissance Light Aircraft. On the naval side, the company is offering a remotely operated Guardian vessel. |
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