Overview
- The deal is structured as a members’ scheme of arrangement under Australian law and requires court, regulatory and shareholder approvals.
- Helsing intends to integrate Blue Ocean’s hardware and manufacturing with its edge-AI stack, including the Lura acoustic model, to enhance detection, classification and wide-area surveillance.
- The move advances a smart, autonomous mass approach aimed at mass-producing SG-1 Fathom gliders for naval ISR and anti-submarine warfare missions.
- The announcement follows SG-1 Fathom testing at the UK’s BUTEC range and a £350 million commitment to a Plymouth “Resilience Factory” to industrialize production.
- Operations will continue in the UK and Australia, and the acquisition marks a shift from earlier consortium-based scaling with partners including QinetiQ and Ocean Infinity.