Galvion, a global leader in advanced protective equipment, and power management and data solutions for military and tactical users worldwide, announced today that it has divested the assets of its Ottawa-based Vehicle Power division to Stryten Energy LLC, a U.S.-based energy solutions provider, based in Alpharetta, Georgia. “This divestiture further supports our strategy to sharpen our portfolio and fund expanded capabilities and growth initiatives around enhanced warfighter survivability and lethality,” said Galvion CEO, Jonathan Blanshay.
The transaction includes the assets of Galvion Power Systems, comprising its ground-breaking, safe and reliable Symbasys™ lithium-ion energy storage solutions, as well as its talented and dedicated Ottawa, Ontario-based team. The experienced Power team will continue day-to-day operations in Ottawa, but will join Stryten’s wider Research and Development group, adding critical lithium battery knowledge to their newly formed Military and Government Division.
“Galvion’s Symbasys SWitchPack™ i6T and SWATPACK™ Li-ion battery systems were developed over multiple years, under stringent testing and validation processes. These modular and scalable energy solutions can be safely and reliably integrated in Military vehicles for use in hostile and austere environments, offering considerable capability enhancements and through-life efficiencies,” said Peter Rafferty, Galvion’s V.P. of Vehicle Power division, who will continue to work with Stryten and the Ottawa team over the coming months to ensure a smooth transition for all. “We are very excited to welcome Galvion’s Vehicle Power team, and to tap into their extensive expertise in both Li-ion battery solutions, as well as their critical understanding of integrating Li-ion technology into Military vehicles. We are committed to leading the transition to a clean energy economy, and this is another firm step in that direction for us,” said Tim Vargo, CEO of Stryten Energy.
Added Galvion CEO Blanshay, “We are very proud of the huge advances our Vehicle Power division has made over the past 7 years, and we look forward to their continued innovations and success under the Stryten banner.”
About Galvion:
Galvion designs, develops and delivers mission critical head, face and torso protective solutions, as well as power and data management systems and advanced solutions for military and tactical clients worldwide. Providing the highest levels of protection, durability, functionality, equipment compatibility and overall value, Galvion delivers a suite of protective and performance enhancing products with the capabilities, comfort and style that modern soldiers need today. The Company’s Armor, Active Systems and Vehicle Platform Power divisions work independently as well as collaboratively to offer purpose-built solutions that enhance the lethality and survivability of the modern war fighter and other demanding end-users.
Revision Military began by providing the very best in protective eyewear to military and tactical users in 2002. Stemming from an initial contract to provide 120,000 sets of Sawfly® ballistic spectacles to the Canadian Department of National Defence, the Company grew to be the leading supplier of protective eyewear not only to the U.S. but globally to countries including Germany, the UK, Belgium, the Netherlands, Switzerland and Denmark, among many others. Strategic investments and acquisitions allowed Revision to expand its capabilities and move into adjacent head and torso protective markets. The broadening of Revision’s portfolio shifted the business focus away from eyewear. In September 2019, the Company sold the protective eyewear business along with the Revision Military name. Under its new name – GALVION – the Company will honour its history by continuing to deliver best-in-class protective solutions, maintaining its track record and reputation for excellence, and striving to be innovative problem solvers.
Privately owned with ISO 9001:2015 certified facilities in Vermont, Massachusetts and New Hampshire in the US, Montreal and Ottawa in Canada and Bristol in the UK, Galvion works proactively to solve the problems left unsolved by others.
