DZYNE Technologies Announces Acquisition of High Point Aerotechnologies, Strengthening an Autonomous Technology Platform Built for the Future of Defense

The transaction adds robust, proven anti-UAS capabilities to one of the world’s leaders in autonomous flight innovation.

IRVINE, California., June 27, 2024 /PRNewswire/ — DZYNE Technologies (“DZYNE”), a leading developer and manufacturer of autonomous technologies, including Group IV UAS platforms, today announced the strategic acquisition of High Point Aerotechnologies (“High Point” ), a global leader in the design and manufacturing of innovative air defense technologies focused on autonomous unmanned systems (“C-UAS”). The transaction marks an important milestone as DZYNE continues to accelerate its growth trajectory and expand its autonomous technology offerings.

The acquisition creates a unique platform encompassing a range of proven defense technology solutions, including (i) autonomous aircraft technologies, encompassing both long-endurance ISR and launched effects, (ii) counter-UAS solutions, (iii) AI/software technologies, and (iv) mission operational capabilities. This combination allows DZYNE to leverage its more than 12 years of expertise in advancing sensitive autonomous defense technologies within the Department of Defense by extending into the C-UAS domain.

“This acquisition represents a new chapter for DZYNE’s AI-based products,” said Matt McCueCEO of DZYNE Technologies. “By combining cutting-edge, mission-proven C-UAS technologies with our innovative, lower-cost airborne ISR and launched effects platforms, DZYNE is able to provide end-to-end technology and mission solutions for the most important missions of our country. »

Known for its rapid design, development and deployment of advanced autonomous aircraft systems, DZYNE has consistently pushed the technological boundaries of autonomy while disrupting the traditional cost paradigm of unmanned autonomous systems. DZYNE’s long-endurance unmanned aircraft, LEAP, and ultra-long-endurance unmanned aircraft, ULTRA, offer unmatched combinations of endurance, payload capacity and affordability.

Al White, CEO of High Point, will continue to manage the C-UAS business within DZYNE as executive vice president of air defense technologies. As part of a previously planned leadership transition, Mr. Matt McCue succeeded Dr. Tom Strat serve as CEO of DZYNE; Dr. Strat will remain a member of the DZYNE Board of Directors. The Company also announced the hiring of Mr. Jeff Payne as CFO and appointments of Dr. Jeff Maas as Chief Technology Officer, Hon. Christopher C. Miller As Chief Strategy Officer, Mr. Joseph Francescon as head of government affairs, and Mr. Davey Gibian as head of AI strategy. Recently appointed revenue director, Mr. David Levy will continue in this role.

Both DZYNE and High Point are portfolio companies of Highlander Partners, a Dallasprivate investment company based in London.

“The combination of DZYNE and High Point establishes a self-contained defense platform with a remarkable and synergistic range of capabilities, and the integration of these leading engineering teams will further accelerate the development of creative solutions demanded in a rapidly evolving sector,” commented Ben Slater, partner at Highlander and president of DZYNE. “DZYNE is very well positioned to continue to play a significant and disruptive role in the future of defense technology. »

About DZYNE Technologies:
DZYNE is a leading, high-growth technology developer and manufacturer of autonomous airborne and ground-based defense solutions, specifically designed to meet the modern defense needs of customers around the world. The company’s solutions span the entire autonomous defense lifecycle and include several official U.S. government programs for UAS and C-UAS technologies. Together with its historic subsidiaries High Point Aerotechnologies and Flex Force Enterprises, DZYNE is proud to support the partners and military and civil defense operations of the United States and its allies around the world. For more information, visit www.dzyne.com.

About High Point Aerotechnologies
High Point is a proven global leader in C-UAS solutions across air, land and maritime domains. Its innovative physical solutions and open architecture software environment DefenseOS enable machine-speed operations to detect, identify, track and defeat UAS threats. Its products range from military-grade air defense systems capable of kinetic defeat to the compact, cost-effective Dronebuster jammer, the world’s most widely deployed portable C-UAS system. For more information, visit www.highpointaerotech.com.

About Highlander Partners
Highlander Partners, LP is a Dallasprivate investment company based in Singapore with over 3 billion dollars in assets under management. The Company focuses on making investments in businesses in targeted industries in which the Company’s principals have significant operating and investment experience. Highlander Partners uses a buy and build investment approach, creating value by helping companies grow both organically and through acquisitions. For more information, visit www.highlander-partners.com.

SOURCE DZYNE Technologies