01 Mar 3D-Radar acquired by the original founders
Oslo, March 1, 2018 The original founders of the company, radar expert Dr Egil Eide and processing and communication specialist Dr Haakon Bryhni today announced the acquisition of 3D-RADAR AS from Chemring Sensors and Electronic Systems. 3D-RADAR AS is company based in Norway and the USA who develops and manufactures high-resolution 3-dimensional Ground Penetrating Radar systems for a wide range of applications. The acquisition, effective immediately, will enable the company to further develop technology and explore the commercial market for underground infrastructure mapping.
– We will continue to develop the 3D-Radar products and launch added functionality and new features to provide our customers with even better tools for underground mapping, says Egil Eide. The company and our in-house GPR knowledge represent a unique platform for further innovation that will further enhance our customer’s productivity and competitive advantages within the subsurface utility mapping market.
– I am excited to step up as the new CEO of 3D-Radar, says ground penetrating radar expert Jacopo Sala, and I believe there is so much more we can do for our customers. I am excited to show them the next step of GPR together with an outstanding team of professionals in the company.
About 3D-RADAR AS:
3D-Radar was founded in 2001 as a spin-off company from the Norwegian University of Science and Technology. The company has pioneered next generation 3D Ground Penetrating Radar (3D GPR) using step frequency radar technology and innovative multi-channel antenna design.
In 2007, 3D-Radar was acquired by VMETRO, a leader in embedded systems and listed on the Oslo Stock Exchange. In October 2008, VMETRO was acquired by Curtiss-Wright Controls and became a Curtiss-Wright Controls Defense Solutions subsidiary. In May 2014, 3D-Radar became a subsidiary of Chemring Sensors and Electronic Systems. In March 2018 ownership of the company is back with the original founders in Norway and 3D-Radar is extended with own representation in the USA.