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Business/Financial

BlueHalo Acquires Underwater Robotic Vehicle Developer VideoRay

By Cal Biesecker

Monday, November 25th, 2024

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BlueHalo Acquires Underwater Robotic Vehicle Developer VideoRay

Defender ROV supplied by BlueHalo's VideoRay unit. Photo: BlueHalo

BlueHalo last Friday said it has acquired VideoRay, a developer and manufacturer of remotely operated underwater vehicles, giving the defense technology company a presence in the unmanned maritime market. Terms of the deal were not disclosed. BlueHalo is being acquired by AeroVironment [AVAV], a transaction expected to close in the first half of 2025 (Defense Daily, Nov. 19). AeroVironment’s investor presentation for the BlueHalo deal included VideoRay’s products as part of BlueHalo’s portfolio. VideoRay offers customers a family of small…

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