Tel Aviv, Israel – September 29, 2016. VisionMap, a leading provider of airborne imaging systems announced today an agreement for the company’s assets to be acquired by Rafael Advanced Defense Systems Ltd. Rafael is a leading provider of high-tech defense systems for air, land, sea and space applications. VisionMap will be joining Rafael’s Air & C4ISR Systems division.
"We are pleased to welcome the VisionMap team to Rafael,” said Yuval Miller, Head of Rafael’s Air & C4ISR Systems division. “The addition of VisionMap’s state-of-the-art payloads for tactical UAV and manned missions, and the integration of its advanced mapping capabilities will serve to complete Rafael’s electro-optical product line, while broadening the company’s offerings for both the ISR and commercial mapping markets.”
VisionMap was founded in 2004 in Tel Aviv, and has since become a world-leader in the development of airborne imaging systems for the defense, HLS and commercial mapping applications. The company’s team consists of experts in the disciplines of electro-optical systems, photogrammetry, GIS and computer vision. “VisionMap has built a strong foundation with a great reputation in our markets,” said Dror Zerem, VisionMap CEO. “We are pleased to be joining Rafael and look forward to accelerating our growth.”
VisionMap is a leading manufacturer of state-of-the-art airborne imaging systems for defense, HLS and commercial mapping applications. VisionMap systems are able to quickly capture vast areas in extremely high resolution, supporting extremely large-scale projects thanks to their fast turnaround time.
VisionMap has delivered aerial cameras, processing systems and high-end software customizations to defense and commercial customers worldwide. The company was presented the prestigious Israel Defense Award for its advanced technology and operationally proven systems. VisionMap systems are successfully deployed around the world, and provide critical information on a daily basis.
Rafael Advanced Defense Systems Ltd, designs, develops, manufactures and supplies a wide range of high-tech defense systems for air, land, sea and space applications for the Israeli Defense Forces and the defense establishment, as well as for foreign customers around the world. The company offers its customers a diversified array of innovative solutions at the leading edge of global technology, from underwater systems through naval, ground, and air superiority systems to space systems.