AeroVironment Acquires BlueHalo LLC | 19 November 2024

HighCom Limited would like to congratulate our strategic partner, AeroVironment (“AV”) on their announcement to acquire BlueHalo, that will bring new capabilities, allowing more advanced, mission-critical solutions with greater speed and agility to meet the evolving needs of customers. Attached is the AV press release regarding the acquisition attached.

BlueHalo is a leader in defense technology, operating across several key mission areas such as Space Technologies, Counter-Uncrewed Aircraft Systems (cUAS), Directed Energy, Electronic Warfare, Cyber, Artificial Intelligence, and other Emerging Technologies including Uncrewed Underwater Vehicles (UUVs). The combination of AV’s and Blue Halo’s complementary product lines will deliver an integrated suite of solutions across all domains with field-proven systems that address complex and evolving defense and national security challenges.

Until the transaction is completed, which we expect to occur in the first half of calendar 2025 subject to regulatory and AV shareholder approvals and other customary closing conditions, AV and BlueHalo will continue to operate as separate, independent companies.

Congratulations once again to AV and Blue Halo.

Authorised for release by the Chairman.

Ben Harrison
Chairman
T: +61 2 6163 5588
E: investors@highcom.group