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Safran Acquires European Firm Orolia

Published Thursday Jul 14, 2022

Safran Acquires European Firm Orolia

After a negotiation process that began in December 2021, Orolia — a company that provides positioning, navigation and timing (PNT) and related activities, technologies and equipment — joins Safran Electronics & Defense, a global provider of inertial navigation systems and a sister company of Safran in Rochester.

Orolia employs more than 435 people in Europe and North America and has revenues of around €100 million. Its products include atomic clocks, time servers, simulation and resilience equipment for GNSS signals, as well as emergency locator beacons for commercial aviation and military applications. According to a press release, Safran claims Orolia will be a complementary and synergistic part of Safran Electronics & Defense’s activities as it creates products for positioning, navigation and synchronization in contested and vulnerable environments.

Jean-Yves Courtois, CEO of Orolia, said, “Orolia could not imagine a better fit than with Safran to secure its growth and leverage its PNT leadership positions. Thanks to the addition of best-in-class timing and inertial technologies, premier access to the largest defense and aerospace markets, and a proven track record in government program capture and execution, Safran and Orolia now have all the cards in hand to establish themselves as the Resilient PNT leader.”

Martin Sion, CEO of Safran Electronics & Defense, said, “The acquisition of Orolia makes Safran one of the only companies with the full complement of PNT technologies, bringing together Orolia’s precise time referencing and Safran Electronics & Defense’s proven inertial navigation solutions. Our shared ambition is to become the world leader in resilient PNT for all conventional and strategic applications.”

For more information, visit www.safran-group.com.

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