Italy’s Elettronica, now known under the brand name ELT Group, announced on 29 May 2024 it had concluded the 100% acquisition of ELTHUB, of which it already owned 70% and which already works within the group in its New Tech Lab division.
The acquisition aims to give a new impetus to the production site located in Abruzzo and has been contributing to ELT Group’s research and innovation activities for the last two years.
With a value proposition already strongly oriented towards the research and development of innovative solutions in the defence and security fields, ELTHUB has already brought to ELT Group its expertise in the micro-electronics and biodefence sectors, along with a track record in the space sector, where it has been working for many years on micro-satellites for military and civil experiments.
The company has also developed innovative product lines in terms of sustainability, such as hydroponic technologies for military and civil use and even food 3D printers. The company also has assets such as micro-electronics laboratories, a clean room certified up to Class 10 (ISO 4) and a machine shop with a rapid prototyping capability.
The ELTHUB acquisition is part of ELT Group’s growth plan with the aim of creating a true centre of competence in Abruzzo in the space electronic warfare (EW) and land segments, in addition to its current business lines. Further impetus will be given to the research, development and production of EW systems for space and land through a line of products related to electro-optics, counter-improvised explosive device systems and anti-drone systems, delivering strategic enablers in the fields of security and protection.
