Improbable confirms sale of UK defence business
Improbable’s two most notable efforts in the UK are the MoD’s ‘digital backbone’ and its role in the Raytheon UK-led Omnia Training CTTP bid. (Photo: UK MoD/Crown Copyright)
Improbable and a group of investors led by NOIA Capital have agreed on terms of a spin-out of Improbable's Defence and National Security business, the companies announced on 5 June.
The transaction includes the transfer of around 70 engineers and modellers, contracts including those with the UK MoD and other business interests, all powered by Improbable’s product, Skyral.
The transaction is expected to conclude in the next six months while it awaits the UK government’s customary approvals processes. The terms of the deal were not disclosed.
Reports about talks between Improbable and industry emerged towards the end of March, when
Access this article and other Decisive Edge Newsletter news content with a free basic account
You will also get one free Premium News article each week
Already have an account? Log in
More from Decisive Edge Newsletter
-
Boeing details expansion and improvements for P-8 Poseidon maritime patrol aircraft
The P-8 Poseidon multi-mission maritime patrol aircraft, based on the Boeing 737NG airliner, is a replacement for the US Navy's fleet of P-3 Orions. It is also being targeted at other users of ageing P-3 aircraft with several countries, including Australia and New Zealand, taking up the option.
-
Australia awards contracts for UAS platforms
The orders break new ground for the Australian Defence Force (ADF) as they include an order for loitering munitions, the purchase of an electric vertical take-off and landing (eVTOL) and the first order for SkyMantis 2 in the region.
-
Israeli Defence Forces aims to make remote-controlled ground systems autonomous
The IDF has turned some of its unmanned M113 APCs into remotely controlled vehicles but it has also been exploring moves towards making the vehicles completely autonomous.
-
Italy picks Rheinmetall and Leonardo for MBT and IFV and gives MGCS a boost
Italy has been looking replace its Ariete MBTs but has gone back and forth between a future European tank, more Leopards, an upgrade of existing vehicles and other options. It now seems to have thrown its hand in with the Main Ground Combat System (MGCS).
-
Sogitec combines Sword, Genius and HORUS for virtual/constructive demonstrator
The French company has integrated its Genius UAS and HORUS helicopter simulators with MASA’s Sword constructive simulation as it aims to achieve operational orders by the end of 2025.