Ascent Vision Technologies (AVT) continues to experience rapid growth with the awarding of several large defense contracts for its counter UAS (CUAS) and intelligence, surveillance and reconnaissance (ISR) technologies.
The growth is complemented by the company’s significant expansion, both of its workforce and its office and production facilities. The expansion is part of AVT’s overall strategic growth plan.
Over a dozen new employees have joined the AVT team this year, ranging from entry-level and interns to technical positions and senior executives. In addition, AVT has expanded its Bozeman operation with the addition of a secondary facility to support production of the eXpeditionary Mobile Air Defense Integrated System (X-MADIS). 2019 has been the strongest year yet for sales of the system. The X-MADIS is in service globally, protecting some of the world’s most influential leaders, as well as combat forces, civilians and critical infrastructure.
AVT’s Melbourne, Australia office is relocating to a larger facility to support research and development of ISR systems for AVT’s global customer base. The move will also accommodate the growing team based there and allow for future growth.
“We have come a long way in just four years,” said Tim Sheehy, CEO at AVT. “I am very proud of our team and the hard work they have done to get us to where we are today. The company has evolved from specialising in airborne surveillance solutions to leading the way in counter UAS with the innovative X-MADIS fully integrated anti drone solution.”
Much of AVT’s recent focus has been in the CUAS field, given the escalation of drone threats. Over the past two years, there has been a significant increase in malicious drone activity, ranging from single-use hostile small unmanned aerial systems (sUAS) to drone swarms.
AVT has become globally recognized as a leading provider of portable, on-the-move CUAS solutions. AVT’s pioneering systems are supporting airborne, ground and maritime missions around the world. Over the past 12 months alone, AVT has received contracts for over $40 million in products and services to support anti-drone initiatives around the world.
Source: Press Release