03/15/2019 Optical Filter Production Purchase

March 15, 2019

Seminole, FL – Salvo Technologies Inc. announced today the purchase of the Optical Filter Product Line from Ocean Optics.  The purchase includes the equipment, including Magnatron Sputtering Platforms and optical shaping technology as well as all of the inventory and the online store opticalfiltershop.com.  In addition, the technical team responsible for the optical filter production will transition to Salvo.  The remaining OOI team and the new and existing Salvo teams will work together over the next few months to ensure a seamless transfer of all existing customers and product lines.  The terms of the deal were not disclosed.   

“This acquisition is more synergistic to the direction of Salvo than it might appear on the surface.” says Hugh Garvey, Director of EOITech a Salvo Technologies company “The Pixelteq at Ocean Optics group focused heavily on sensing and imaging projects over the years.  As a result, the filter business that was developed was based around sensors and imaging projects.  This is where our team saw the value in the acquisition.  By adding the filter component business the Salvo EO division received some badly needed resources and equipment upgrades.  EOITech has already seen multiple opportunities to collaborate with customers that have moved over with the acquisition.  This truly is a situation where one plus one equals eleven.  The team is very excited about the opportunity and potential.”    

In the coming weeks all customers will be notified of the change.  Once the customer qualifications are complete the equipment will be moved to multiple into Salvo locations globally. 

About Salvo Technologies Inc.

Salvo Technologies Inc. invests in and develops manufacturing companies serving the defense, security, medical, industrial, and commercial markets.  From its inception in 2007, it has grown into an organization with global reach and manufacturing capabilities on multiple continents.  Its divisions provide a range of world-class products including personal protective equipment; thick-film coatings with high corrosion resistance; and high-reliability electronic and electro-optical components, fire-control optics, and imaging solutions with an emphasis on multispectral and polarimetric systems.  Salvo Technologies is a privately held company headquartered in Seminole, FL. For more information please visit https://Salvo-Technologies.com

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