• Sun. Apr 21st, 2024

CTI Acquires Assymetric Technologies to Boost Defense and National Security Capabilities

BySamantha Jones

Apr 2, 2024
Chesapeake Technology purchases a company that specializes in communication and autonomy products.

Chesapeake Technology International (CTI) has recently acquired Assymetric Technologies, a company that specializes in products for edge communications and flight autonomy programs in the defense and national security sectors. This acquisition is part of CTI’s efforts to expand its portfolio of capabilities in technology transition and system interoperability.

Established in 2011, Assymetric Technologies is known for its expertise in open source software, flight control, and waveform technology. CTI plans to integrate Assymetric’s IronClad and Whisper systems into its existing offerings for the military’s unmanned system requirements. This move is seen as a way to enhance CTI’s ability to provide comprehensive software and purpose-built hardware products and solutions to its customers.

The terms of the transaction were not disclosed when it was announced on Thursday. Jay Moorman, the CEO of CTI, expressed his excitement about the acquisition and stated that it aligns with the company’s strategy to invest in addressing evolving national security needs. Bluestone Investment Partners, which acquired a majority ownership of the defense technology integrator in 2021, also facilitated the purchase of Rapid Imaging Technologies prior to the acquisition of Assymetric Technologies.

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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