EOS to Acquire MARSS for US$36M Upfront

Electro Optic Systems Holdings Limited has agreed to acquire the MARSS group business, a Europe-based provider of command and control systems used to counter drone threats. The transaction is structured as an asset acquisition and includes MARSS’s NiDAR software and hardware, associated customer contracts, intellectual property, and personnel.

EOS expects the deal to strengthen its counter-drone offering by adding AI-enabled decision-making and sensor-effector orchestration. EOS plans to embed NiDAR into its remote weapon system product range to enable mesh-networked systems designed for hemispherical protection. The upfront cash payment is US$36m, with an earnout linked to new MARSS sales capped at €100m. Completion is expected in 2026 subject to approvals.