Announcing the agreement, Craig Smith, Chief Technology Officer of EOS said, “KiwiStar Optics is a unique global capability and a vital supplier to EOS. As Australian’s largest space company, we are delighted to secure and expand this essential part of the space industry.”
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 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 state-of-the-art optical equipment via the asset purchase of Arizona Optical Services, a world leader in the manufacture of large aspheric optics. This will augment the existing equipment and skill base of the KSO team.