ECA Group and iXblue enter into an exclusive stage of negotiations to establish a new European high-tech company

The ECA Group and iXblue are at an exclusive stage of negotiations to merge two French companies. The merger, managed by Group Gorgé, will create a European high-tech company in the fields of marine affairs, inertial navigation, aerospace and photonics.

Old partners ECA Group and iXblue will be able to use many synergies in the areas of technology and trade. The merger of these two companies will create a global player in the field of civil and military aviation. The group will be able to deliver high-performance solutions to mission-critical situations in the toughest environments with a unique offering that includes complex components and systems.

Fabian Napolitano, Chairman and CEO of iXblue explains: “Our two companies share the same culture: innovation, agility and entrepreneurship; all three are part of our companies’ DNA and the traits by which we are recognized and valued. The new synergies, thanks to our complementary expertise, Not only will it preserve this DNA, but it will also strengthen our ability to innovate. This will enable us to continue developing technologies and support our customers in facing their toughest challenges.”

“The merger of our companies, which will employ more than 1,500 people, also provides great opportunities for growth,” says Dominique Giannoni, Managing Director of the ECA Group – The Efficiency of Our Services – from now on.

About ECA Group The ECA Group is a wholly owned subsidiary of the French company Groupe Gorgé since 1992. It is one of the world’s leading companies in autonomous robotics and integrated systems, particularly in the shipyard sector. The company provides its customers with the most efficient and technologically advanced solutions in the field of unmanned water, land and air vehicles (UAVs). The ECA Group also provides innovative technology solutions to the aviation sectors.

About iXblue iXblue is a global high-tech company recognized internationally for its advanced navigation systems, photonics and autonomous marine solutions. iXblue’s critical technologies – from system components to end-to-end solutions – are used in both civilian and military systems. They meet the highest requirements for successful missions in the most difficult environments – from the deep sea to outer space.

Contacts

iXblue

Marion Sev

Global Marketing and Communications Manager

Marion@ixblue.com

ECA . group

Helle Renikanen

marketing manager

Renikainen@ecagroup.com

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Questions and contact:

Marion Seif – +33 (0) 1 30 08 88 88 / Helle Renikäinen – +33 (0) 4 94 08 90 00