February 1, 2022 | International, Aerospace
August 24, 2018 | International, Aerospace
By: Pierre Tran
PARIS — European missile company MBDA and microchip maker Soitec said Aug. 21 they are acquiring Dolphin Integration, a design firm for low-power chips which has fallen into receivership.
The two companies will buy through a joint venture the chip maker, which filed for insolvency July 24. Dolphin Integration has designed chips which are “indispensable” for certain highly classified sectors, including the French nuclear deterrent, a defense source said.
MBDA will acquire 40 percent, while Soitec will own 60 percent. MBDA and Soitec will pay a total of some €6 million (U.S. $7 million) to acquire most assets of Dolphin Integration, pay some of the liabilities and inject a significant amount of cash to meet working capital requirements, the companies said.
Further details of how the acquisition amount will be shared were not immediately available. All the business and staff will be kept on, but the sale price will not cover all amounts owed to creditors, Dolphin Integration said in an Aug. 21 statement.
MBDA is a strategic customer of Dolphin Integration for defense applications since 2004, the missile company said. The acquisition will strengthen its industrial collaboration and long-term commercial pipeline for application specific integrated circuit and system-on-chip products, the company added.
“With the support of MBDA, Dolphin Integration will be able to advance its positions in aerospace and defense design,” the missile company said.
Other key clients include Airbus Defence & Space, Safran and Thales, besides MBDA, the defense source said.
Soitec specializes in chips drawing on fully depleted silicon-on-insulator (FD-SOI) technology, running on low power and at high speed. The acquisition can be seen as an “offensive” move by securing a market upstream for FD-SOI, while MBDA takes a "defensive " step by protecting a strategic supplier, the defense source said.
Soitec played an active role in an industry group which lobbied the Elysée president's office to support a European Project of Common Interest, the source said. Such projects are backed by the European Commission for cross-border work on infrastructure and energy.
Soitec will seek to strengthen Dolphin Integration in the semiconductor market, to develop and promote products and services in strategic sectors such as mobile devices and infrastructure, data centers, and space and industrial applications, the chip specialist said.
Dolphin Integration had annual sales of €17 million for the year to March 31, 2018 and employs 155 staff, of which 130 are design engineers. The company is based in Grenoble.
MBDA's interest in semiconductors has sharpened since the U.S. blocked the sale of American chips for the Scalp cruise missile sought by Egypt to arm its fleet of Rafale fighter jets.
February 1, 2022 | International, Aerospace
April 27, 2023 | International, Aerospace
GE-25M is equipped with the new Eagle-Eye?multi-mode radar and electro-optical/infrared sensors, and can host a wide range of additional kinetic and non-kinetic payloads.
October 2, 2020 | International, C4ISR, Security
Jen Judson UPDATED — This story has been updated to include a statement from Lockheed Martin. WASHINGTON — After a failed test in February, the U.S. Missile Defense Agency and the Army successfully intercepted a target in an Oct. 1 test using a Patriot air and missile defense system as well as a Terminal High Altitude Area Defense, or THAAD, system integrated together, according to an MDA statement. In the test at White Sands Missile Range, New Mexico, the THAAD AN/TPY-2 radar detected and tracked a Black Dagger target missile and provided that information to the Patriot system. The Patriot launch system deployed a Patriot Advanced Capability-3 Missile Segment Enhancement missile and destroyed the target. In February, the AN/TPY-2 detected and tracked a Black Dagger and supplied the information to the Patriot system, but the missile missed the target “due to an interceptor software upgrade error,” according to the MDA statement. The error “has since been corrected, as demonstrated by today's successful intercept,” the statement noted. The success of the test "validates the interoperability of the Patriot and THAAD weapon systems,” MDA Director Vice Adm. Jon Hill said in the statement. “This capability is vital to the Ballistic Missile Defense System to defend against rogue threats to our homeland, deployed forces and allies.” “We're proud to support the Missile Defense Agency and U.S. Army Program Executive Office Missiles and Space to provide this vital capability within the Ballistic Missile Defense System,” Scott Arnold, Lockheed Martin vice president of integrated missile defense in the company's Missiles and Fire Control business, said in statement. Lockheed Martin manufactures the THAAD weapon system. The missile tests this year meet a congressional requirement for the Army and the MDA to test integration and interoperability of the THAAD and Patriot weapon systems annually. Last year, the first-ever test of THAAD's ability to remotely fire an interceptor was a success, a significant milestone in proving the ability to decouple launchers from radars and fire control systems. The Army's work to integrate the Patriot and THAAD systems was born out of an urgent operational need on the Korean Peninsula. The effort uses some of the principles of decoupling launchers and radars so an operator, for instance, can use a THAAD radar — which can see farther than a Raytheon-made Patriot radar — but decide to engage a Patriot interceptor depending on the threat picture. The ability to use the THAAD radar also gets more out of the Patriot Advanced Capability-3 Missile Segment Enhancement weapon fired from Patriot units, which outperforms the organic Patriot radar. In another test last year at White Sands, a Patriot Advanced Capability-3 Cost Reduction Initiative interceptor took out an air-breathing threat at a record distance. That test also showed it can be integrated into the Northrop Grumman-made Integrated Air and Missile Defense Battle Command System, which is the command-and-control system of the Army's future air and missile defense architecture. https://www.defensenews.com/land/2020/10/01/mda-and-army-see-successful-patriot-and-thaad-test-after-failure/