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Business/Financial

L3 Acquires UUV Technology Developer Open Water Power

By Cal Biesecker

Monday, May 22nd, 2017

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L3 Acquires UUV Technology Developer Open Water Power

L3's latest acquisition, Open Water Power, has developed a novel Aluminum-water platform technology for undersea power generation. Photo: L3 Open Water Power

Adding to its technology base in the area of unmanned underwater systems, L3 Technologies [LLL] last Friday acquired Open Water Power, Inc., a small developer of power generation technologies.Terms of the deal were not disclosed. Open Water Power has 15 employees, is based in Massachusetts, and was spun out of Massachusetts Institute of Technology in 2013.Open Water Power is developing save and high-energy-density undersea power generation technologies for use by unmanned undersea vehicles (UUVs) and other maritime platforms. L3 said…

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