(CercleFinance.com) – Safran Electronics & Defense has completed the acquisition of Syrlinks, a French SME founded in 2011 near Rennes, employing 140 people, and specializing in radiocommunications and radionavigation, mainly for the space sector, and the PNT (Position Navigation Time).
With this acquisition, Safran Electronics & Defense is continuing to strengthen its positioning as an equipment supplier, enabling a sovereign presence in space for the nations of the world.
‘I am particularly pleased with the merger of our two companies which share the same DNA: that of equipment manufacturers with a strong technological base, offering their customers sovereignty solutions. We are thus continuing our approach of an ever more solid positioning in space and the Resilient PNT’, declared Martin Sion, President of Safran Electronics & Defense.