Procerus Joins Lockheed Martin Family
Lockheed Martin purchases firm specializing in autopilot, targeting systems for small unmanned aircraft
The demand for small unmanned aircraft systems (SUAS) continues to grow as a proven, affordable and effective tool for front line troops in theater. To meet this growing need, and enhance current offerings, Lockheed Martin recently announced the acquisition of Procerus Technologies.
Based in Orem, Utah, Procerus is a privately held company primarily focused on providing SUAS autopilot, targeting and payload technologies to domestic and international governments, industry and academic institutions. Procerus will become part of Lockheed Martin’s Mission Systems and Sensors (MS2) business.
The addition of Procerus to Lockheed Martin will add increased capabilities to the corporation’s SUAS offerings, utilizing Procerus’ expertise in the autopilots for small fixed wing and VTOL platforms, vision processing, and payload technologies. Including Procerus technologies on existing Lockheed Martin platforms, such as the Desert Hawk unmanned aircraft system, K-MAX unmanned cargo helicopter and Persistent Threat Detection System, will only enhance the capabilities in Lockheed Martin’s offerings and bring them to market faster.
“The acquisition is consistent with the Corporation’s focus on acquiring companies with strategic capabilities that build on our core offerings and create potential for strategic market expansion,” said Dale Bennett, president of MS2. “SUAS have proven to be low-cost, highly effective tools for our troops, and Procerus’ expertise in this arena will enhance Lockheed Martin’s offerings to current and future customers.”
Lockheed Martin already utilizes Procerus’ Kestrel™ Autopilot system on its Lethal Miniature Aircraft Munitions Systems (LMAMS) offering. The autopilot system is also part of an offering on Lockheed Martin’s Night Hawk platform for competitions in the United Kingdom and Canada.
“Procerus’ purpose is to bring innovative and meaningful miniature unmanned aircraft vehicle avionics products to market for military and emerging commercial applications,” said Todd Titensor, Chief Executive Officer of Procerus Technologies. “Becoming a part of Lockheed Martin will provide us with additional reach and resources to help achieve these goals.”