Paramount Group launched a new Robotics division dedicated to UAV systems

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Defence & Security Industry News - Paramount Group
 
 
Tuesday, September 9, 2014 12:13 PM
 
Paramount Group launched a new Robotics division dedicated to UAV systems
Paramount Group is investing more than $9 million in unmanned vehicles with the launch of a new Robotics division, which encompasses unmanned ground, air and sea vehicles. At the same time as the Robotics division was announced, Paramount also revealed it had bought Aerosud Aerospace Systems and Veecraft Marine, further adding to its already diverse capabilities.
     
Paramount Group is investing R100 million in unmanned vehicles with the launch of a new Robotics division, which encompasses unmanned ground, air and sea vehicles. At the same time as the Robotics division was announced, Paramount also revealed it had bought Aerosud Aerospace Systems and Veecraft Marine, further adding to its already diverse capabilities.
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Discussing the launch of the new entity last week, Ivor Ichikowitz, Executive Chairman of Paramount Group, said that, “The next generation of innovation in the global defence and security sector will be in the Robotics sector. As warfare becomes more complex and the political risk associated with loss of life becomes more sensitive, both sophisticated and developing defence forces alike are investing in reducing the number of soldiers exposed to dangerous environments. In light of this we are pleased to announce the establishment of Paramount Robotic Systems – a consolidation of Paramount’s mission systems, unmanned and robotics capabilities across land, sea and air. This division will consolidate Paramount’s robotics research and development activities as well as the organisations’ current unmanned programmes.”

The Group will invest over $9 million in research and development funding in robotics, “bringing to market some of the most exciting innovations in the autonomous defence space.”

Paramount Group already has a number of unmanned products in its stable. It acquired unmanned aerial vehicle (UAV) capabilities through the acquisition of Advanced Technologies and Engineering (ATE), now Paramount Advanced Technologies. Its UAV range includes the Civet, Roadrunner rhomboid wing UAV and new Mwari UAV. Paramount has also proposed an AHRLAC 25 unmanned version of its Advanced High-performance Reconnaissance Light Aircraft. On the naval side, the company is offering a remotely operated Guardian vessel.