BlueHalo, a leader in next-generation defense technologies, has acquired VideoRay, a global leader in underwater robotic systems.
This strategic move brings unmanned maritime systems into BlueHalo’s comprehensive defense technology portfolio, furthering its mission to support critical national security operations.
VideoRay, renowned for its Defender and Mission Specialist UUVs (unmanned underwater vehicles), delivers unparalleled performance in demanding applications such as mine countermeasures. By joining forces with BlueHalo, VideoRay’s innovations will advance more rapidly, addressing both defense and commercial needs while continuing to support its global customers with enhanced resources.
BlueHalo, founded in 2019, offers advanced solutions across multiple mission areas, including Space Technologies, Counter-Uncrewed Aircraft Systems (cUAS), Directed Energy, Electronic Warfare, Cyber, and Artificial Intelligence. The addition of unmanned maritime systems solidifies its leadership in delivering all-domain capabilities for modern defense challenges.
“BlueHalo was created to be a protective ring around everything we care about most – and the maritime domain is an increasingly critical area for the U.S. and allied navies and coast guards,” said Chris Gibson, CEO of VideoRay. “VideoRay complements BlueHalo’s innovative solutions in the ever-evolving battlefield.”
BlueHalo has achieved notable advancements in defense technology. The addition of VideoRay’s unmanned underwater systems positions BlueHalo to address maritime security challenges with the same level of expertise demonstrated across its other domains.
Enhancing Unmanned Underwater Systems
VideoRay’s flagship products, including the Defender UUV, are designed to excel in mission-critical operations. With BlueHalo’s backing, these systems will see accelerated development, broadening their applicability across defense and commercial sectors. The company’s open architecture approach supports a wide range of sensors and accessories, ensuring mission-specific adaptability for customers worldwide.
“VideoRay’s commitment to offering a wide comprehensive range of options for our global customers and partners will further expand under BlueHalo,” continues Gibson. “Our open architecture enables us to support an extensive array of sensors and accessories, empowering our customers to select the ideal solutions for their agencies, organizations, and missions. This dedication remains, and we anticipate that the expected increase in vehicle sales will yield positive outcomes for our global dealers, technology partners, and valued suppliers”
Houlihan Lokey, a global investment bank specializing in mergers and acquisitions, capital markets, financial restructuring, and valuation advisory, served as the exclusive financial advisor to VideoRay. Sheppard Mullin, an AmLaw 100 law firm with offices in the United States, Europe, and Asia, provided legal counsel to VideoRay
This acquisition marks a pivotal step in BlueHalo’s mission to redefine global defense, with VideoRay’s unmanned maritime systems adding critical capabilities to its all-domain portfolio.
