Lonsdale, Australia – 4th December 2024
REDARC, a leading Australian innovator in advanced portable power solutions and electronic systems, today announced the acquisition of Asension’s intellectual property (IP). Asension, a renowned veteran-owned Electronic Warfare (EW) company announced a voluntary administration earlier this year.
REDARC Defence & Space will leverage Asension’s IP to continue advancing electronic warfare, engineering, and operations while expanding partnerships with Universities, the Defence Science and Technology Group, and industry partners. The acquisition of Asension’s innovative Wombat and MOESS solutions will support the development of sophisticated sovereign technologies to enhance Australia’s Intelligence, Surveillance, Reconnaissance and Electronic Warfare (ISREW) capability.
In 2022, Asension was awarded a significant $4.35 million grant through the Defence Innovation Hub to develop a space-based tactical sensor system for the Defence.
As part of the REDARC Group, REDARC Defence & Space is dedicated to delivering cutting-edge technology to meet the evolving demands of the defence and space industry. By acquiring Asension’s intellectual property, REDARC Defence & Space will continue to develop and deploy critical defence technologies.
This acquisition underscores REDARC’s commitment to supporting the Australian Defence Industry and strengthening Australia’s sovereign defence capabilities.