DZYNE Technologies has acquired High Point Aerotechnologies for an undisclosed sum to expand its portfolio of air defense technology platforms with the addition of counter-uncrewed autonomous system capabilities.
High Point CEO Al White will join DZYNE as executive vice president of air defense technologies with oversight of the C-UAS business, the Irvine, California-based autonomous defense systems developer said Thursday.
High Point designs and produces air defense technologies focused on counter-UAS and is a portfolio company of Dallas-based private investment firm Highlander Partners, along with DZYNE.
The transaction will enable DZYNE to offer a range of defense tech systems, including autonomous aircraft technologies encompassing launch effects and long-endurance intelligence, surveillance and reconnaissance, counter-UAS platforms, software and artificial intelligence technologies and mission operations capabilities.
DZYNE CEO Matt McCue said the acquisition marks a new chapter for the company’s AI-enabled products.
“By combining cutting-edge, mission-proven C-UAS technologies with our cost disruptive airborne ISR and innovative launched effect platforms, DZYNE is able to bring end-to-end technology and mission solutions for our country’s most important missions sets,” added McCue.
Leadership Changes at DZYNE
Tom Strat, formerly chief executive of DZYNE, will continue to serve on the company’s board as a member.
DZYNE hired Jeff Payne as chief financial officer and appointed Jeff Maas as chief technology officer, Joseph Francescon as chief of government affairs and Christopher Miller as chief strategy officer.
David Levy, who was named chief revenue officer of DZYNE in January, will continue to serve in this position.
