Viavi Solutions Inc. has signed a definitive agreement to acquire Inertial Labs, extending its reach into aerospace, defense, and industrial end markets.
The deal is for an initial consideration of $150 million at closing and up to $175 million of contingent consideration over four years.
The acquisition is expected to add approximately $50 million to VIAVI’s Network and Service Enablement (NSE) annual revenue in calendar year 2025. It is expected to be accretive to EPS within 12 months of closing.
The acquisition has been approved by the Board of Directors of each company. It is expected to close during the first quarter of calendar year 2025, subject to certain regulatory approvals and customary closing conditions.
Headquartered in Leesburg, Virginia, Inertial Labs is a leading developer, producer, and supplier of high-performance orientation, positioning, and navigation solutions for aerospace, defense, and industrial applications. The company offers Inertial Measurement Units (IMU), Inertial Navigation Systems (INS), Assured Position Navigation and Timing (APNT), GNSS Tracking, LiDAR Scanning, Alternative Navigation (ALTNAV), and Visual Navigation solutions, which are highly complementary to VIAVI’s existing PNT and other aerospace and defense solutions.
Additionally, Inertial Labs’ solutions include enabling utility inspection through LiDAR and photogrammetry algorithms and smart system navigation for airborne and autonomous ground vehicles to accelerate VIAVI’s entrance into industrial and autonomous delivery and transportation end markets.
Oleg Khaykin, President and CEO of VIAVI, said, “With a highly complementary product portfolio focused on alternate navigation solutions, this transaction supports VIAVI’s strategy to expand our presence in domestic and international aerospace and defense segments and accelerates our entry into autonomous air, land, and sea systems in the military and industrial end markets.”
Jamie Marraccini, President and CEO of Inertial Labs, stated, “We are excited that our expertise, precision solutions, and resources provide expansion opportunities for VIAVI in high-growth markets and applications such as drone-based LiDAR and camera systems.”
Geospatial Technology at Dubai Geo World
Inertial Labs’ partner Mosaic recently attended Dubai Geo World to explore the current geospatial technology in the region.
The expo provided a platform to introduce collaborative efforts – the Meridian Mapping System – to the MENA market and demonstrate its capabilities through live demos and meetings around Dubai and Abu Dhabi.
The Meridian seamlessly combines high-resolution point clouds with panoramic imagery, integrating the RESEPI LITE XT-32M2X and the Mosaic X 360º mobile mapping camera to deliver extreme accuracy in street-level data capture.
