ACR Electronics, Inc., the global leader in safety and survival technologies, today confirmed that Drew Marine UK Holdings Ltd. has signed an agreement to acquire SKYTRAC, a full-service, data-driven solutions provider for the global aviation industry. SKYTRAC will report into ACR Electronics, Inc.
The alignment of these two leading companies will create a comprehensive product line and service offering for the aviation market place, to include the ACR Electronics’ ARTEX portfolio of survival products and the SKYTRAC range of innovative business solutions from data acquisition hardware and analytics software through program design and support.
Headquartered in Canada, SKYTRAC offers a one-stop response for reliable and secure data management solutions that elevate efficiency and safety and drive revenue, from performance trending and business reporting to real-time asset tracking and situational awareness. SKYTRAC combines over 30 years of experience and technical expertise with a dedicated customer focus to bring innovative aviation solutions to the market. Its data acquisition hardware is installed by fixed and rotary wing clients worldwide and its SkyWeb data management system selected by thousands of users.
SKYTRAC will continue to operate as an independent subsidiary, retaining existing products, brand, locations, engineering capabilities, and sales. The entire team, including executive management will continue on with the new ownership. “We are excited to join forces with SKYTRAC because it will expand our aviation footprint and add a proven solutions-based team into our organization,” said Gerry Angeli, President of ACR Electronics. “Our complementary products and technology can provide our customers with an expanded and comprehensive suite of aviation data, tracking, distress alerting, communications and operational integrations,” added Angeli.
ACR Electronics is a leading provider of safety and survival equipment to the aviation market for general, business, commercial and military applications. Suitable for every type of fixed wing and rotorcraft aircraft, the ARTEX brand of Emergency Locator Transmitters (ELTs) are selected by the majority of aircraft manufacturers around the world. ACR and ARTEX design and manufacture a complete portfolio of survival products for the aviation industry including ELTs, Personal Locator Beacons (PLBs), iridium tracking and communication distress beacons, megaphones and distress lighting.
SKYTRAC President, Malachi Nordine, said: “SKYTRAC and ACR share a mission to help aviation operators improve safety and efficiency. Supported by ACR, SKYTRAC will continue with the strong customer support and technology leadership that is in our DNA and that has cemented our position in the aviation industry. I am excited to work with our new ACR partners through SKYTRAC’s next growth phase as we continue to execute our strategy and find cooperative commercial opportunities like GADSS.”
SKYTRAC is a Transport Canada certified DAO & AMO and an Approved Manufacturing Organization, with management systems registered to ISO 9001/AS9100C.
Financial terms of the acquisition will not be released.
- Teletronics awarded $45M contract for Acquisition of V-22 Data Hardware
- General Electric awarded $143M contract for Procurement of 22 T408-GE-400 CH-53K helicopter engines
- Bell awarded patent for Tiltrotor aircraft having spherical bearing mounted pylon assemblies
- Honeywell International awarded patent for surveillance system using micro mobile drones and IP cameras
- North Island Hospital opens new campus
- Russian Helicopters Concluded the First Export Contract for the Supply of Mi-171А2
- 150th H145 delivered to HTM
- Air Ambulance Awards of Excellence 2017
- Iron Mountain awarded $7M contract for Foreign Military Sales for the Utility Helicopter Project Office.
- Safran celebrates 40 years in Brazil
- ASU Obtains NVIS Transport Canada STC on AS350
- Abu Dhabi Aviation expands Leonardo AW139 fleet
- New FAA Guidance for Electronic Flight Bags
- Bell Boeing V-22 Osprey Fleet Tops 400,000 Flight Hours
- S92 Helicopters Certified to Operate in Mexico
- Nova Scotia customer orders Bell 407GXP
- Abu Dhabi Aviation sign new PWC support agreement
- Helicopters of Russia handed over Mi-28UBs to the Russian Defense Ministry
- Conklin & de Decker Release Aircraft Cost Evaluator 17.2
- V-22 Osprey readiness rate is 48%