> our title:

Cassidian Buys Maker of SurveyCopter UAV

> original title:

Cassidian Boosts Its Light UAV Activity with the Acquisition of SurveyCopter

(Source: EADS; issued October 19, 2011)

Cassidian has acquired SurveyCopter in order to increase the synergies within its light UAV segment (Unmanned Aerial Vehicle – UAV). Created in 1996, SurveyCopter is a French defence company based in France and Switzerland. Cassidian and SurveyCopter are partners since 2003.

Cassidian plans to launch a new industrial pole specifically dedicated to tactical UAVs and light UAVs, including VTOL UAV programs (Vertical Take-Off and Landing – VTOL), in order to better match a growing demand of the sector in both military and private mission environments. As the result of a long term vision, this addition would greatly enhance the commercial possibilities in targeted export markets such as India or the Middle-East.

SurveyCopter is a leading company in the domains of hostile environment robotic, and autopilot particularly for VTOL through its subsidiary WeControl. Its customer base is complementary with Cassidian clients and operators.

Dr. Stefan Zoller, Chief Executive Officer (CEO) of Cassidian, said: "With this acquisition, Cassidian continues to expand its UAV capabilities and its global market approach, targeting new businesses in the small UAV segment."

Pierre Tantot, Chief Executive Officer (CEO) of SurveyCopter, added: "We are very proud to definitely join the Cassidian UAV team, bringing in our unique expertise on light UAVs, which represent a growing part of the market."

Cassidian, an EADS company, is a worldwide leader in global security solutions and systems, providing Lead Systems Integration and value-added products and services to civil and military customers around the globe: air systems (aircraft and unmanned aerial systems), land, naval and joint systems, intelligence and surveillance, cyber security, secure communications, test systems, missiles, services and support solutions. In 2010, Cassidian – with around 28,000 employees – achieved revenues of EUR 5.9 billion. EADS is a global leader in aerospace, defence and related services. In 2010, the Group – comprising Airbus, Astrium, Cassidian and Eurocopter – generated revenues of EUR 45.8 billion and employed a workforce of more than 121,000.