Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Orolia Announces Agreement to Acquire Techno Sciences, Inc., US-based Global Provider of Search and Rescue Satellite Solutions
  • USA - English


News provided by

Orolia

Dec 17, 2013, 06:00 ET

Share this article

Share toX

Share this article

Share toX

End-to-end COSPAR-SARSAT emergency solution system.
End-to-end COSPAR-SARSAT emergency solution system.

The acquisition of TSi positions Orolia as the premier supplier of search and rescue products, systems and solutions globally.

Post this

Les Ulis, France (PRWEB) December 17, 2013 -- Orolia (NYSE Alternext Paris – FR0010501015 – ALORO), global specialist in critical GPS applications, announced today that it entered into an agreement to acquire Techno-Sciences, Inc. (TSi), an advanced technology company in the field of search and rescue satellite ground stations and integrated multi-site emergency response solutions based in Beltsville MD near Washington DC (USA). The transaction is subject to customary closing conditions and approvals, including approval of the Committee on Foreign Investment in the United States (CFIUS) which is expected to occur in the second quarter of 2014. Through this acquisition, Orolia will be the only company capable of supplying a single-vendor, end-to-end COSPAS-SARSAT emergency solution from distress beacons to satellite communications to mission control centres equipped with search and rescue management software.

“The acquisition of TSi positions Orolia as the premier supplier of search and rescue products, systems and solutions globally,” said Jean-Yves Courtois, CEO of the Orolia Group. “TSi has established itself as a leader in the COSPAS-SARSAT search and rescue market for the past 25 years with compelling products, advanced technologies and in-depth industry knowledge. By combining our market-leading brands, leveraging our common domain expertise and integrating our development efforts, Orolia and TSi will create the world's leading technology provider for the COSPAS-SARSAT community.”

With the next generation COSPAS-SARSAT solution, MEOSAR (Medium-altitude Earth Orbit Search and Rescue), on the horizon, additional opportunities for Orolia innovation and industry leadership arise. TSI’s active involvement in the development and implementation of MEOSAR provides technological synergies that can further enhance the search and rescue process.

“The world of search and rescue will benefit greatly from innovations in MEOSAR – reducing response times and improving location precision to save more lives” added Courtois. “MEOSAR’s advanced technologies can accurately detect and locate a distress beacon signal almost instantaneously instead of taking up to 30 minutes in the worst case today”.

By combining TSI’s satellite communications infrastructure and emergency response software with Orolia’s proven safety and monitoring products, Orolia will be able to provide companies across various vertical markets with a comprehensive eco-system of search and rescue solutions. These joint solutions will enable critical situations to be analysed more thoroughly, decisions to be made more quickly and emergency operations to be streamlined more efficiently.

“Orolia’s strong product portfolio coupled with TSi’s turnkey solutions reinforces the position of Orolia as the world leader in the emergency response market and in the Maritime Domain Awareness sector,” said Jean-Luc Abaziou, CEO of TSi. “We are very pleased with this agreement – it enables us to offer our customers the broadest set of emergency solutions available in the industry today.”

With a team of 40 employees, TSi has a prominent list of customers in Asia, Europe, Africa and the United States (including NOAA, NASA and the U.S. Navy).

Key terms of the transaction were not disclosed.

About Techno-Sciences, Inc.
Since its founding in 1975 as an R&D company focused on satellite digital processing, TSI has sold sophisticated systems and software solutions in over 22 countries. The solutions sold can be categorized in two key areas:

• Satellite ground stations and mission control software sold to national government organisations such as NOAA and NASA. These systems operate within the COSPAS -SARSAT global satellite search and rescue system.

• Coastal and asset surveillance systems which monitor and protect vessels, assets and people within a predefined area 24 hours a day, 7 days a week, using sensor, satellite and data feeds. These systems are typically sold as part of large government infrastructure projects (in countries such as Indonesia and Malaysia) or to oil and gas companies.

Today, TSi is in the process of rolling out the world’s most advanced COSPAS-SARSAT/MEOSAR satellite ground station systems. The first of these have been selected by NOAA for their Hawaii and Florida deployments. Each system is designed to operate with the new GPS, GLONASS and GALILEO satellite constellations. The COSPAS-SARSAT MEOSAR system is currently entering its “Initial Operation Capability” (IOC) phase. http://www.technosci.com.

About Orolia SA
Orolia is a high-technology group dedicated to improving the safety, compliance and efficiency of its customers’ remote operations by providing them business solutions and services based on the most advanced positioning, navigation, timing, sensing, information and communications technologies. Since 2006, the Orolia group has been able to establish itself as one of the leaders in PNT solutions at a global level through its strong brands: Spectracom, SpectraTime, T4Science, Boatracs, McMurdo, Kannad Aviation and Kannad Marine. Orolia’s headquarters are located in Les Ulis, (France). The company also has main offices in Neuchâtel (Switzerland), Rochester (New York), San Diego (USA), Basingstoke (UK), Portsmouth (UK), Guidel and Sophia-Antipolis (France). Orolia has both OSEO “Innovative Company” & "OSEO Excellence" Labels and wins the Bold Creativity Prize (2010) and for the second year in a row, the group has been awarded third place in the Deloitte Technology Fast 5 (2011 and 2012). http://www.orolia.com

Randel Maestre - Vice President, Global Marketing, Orolia, http://www.orolia.com, 858-218-8732, [email protected]

Modal title

Orolia Announces Agreement to Acquire Techno Sciences, Inc. Press Release
View PDF
Orolia Announces Agreement to Acquire Techno Sciences, Inc. Press Release
Press Kit - Orolia Announces Agreement to Acquire Techno Sciences, Inc.
Press Kit - Orolia Announces Agreement to Acquire Techno Sciences, Inc.
Orolia Announces Agreement to Acquire Techno Sciences, Inc. Press Release Press Kit - Orolia Announces Agreement to Acquire Techno Sciences, Inc.

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.