Electro Optic Systems (EOS) has entered into an agreement with Callaghan Innovation to acquire the assets and hire the personnel of KiwiStar Optics (KSO).
KSO produces precision optics (telescope lenses up to and over 1 metre in diameter) and spectrographs.
According to the company, EOS will make a significant investment in KSO to protect and grow its technologies. KSO has a small workforce who are highly trained in precision optics and/or have educational backgrounds in engineering, physics, mathematics, astronomy or optics.
EOS has been a major customer of KSO for many years, and EOS says it sees an opportunity to leverage its own global network to expand KSO’s marketing and distribution reach.
EOS is also investing to add further capability to KSO through an investment in new optical equipment via the asset purchase of Arizona Optical Services, a manufacturer of large aspheric optics.