Soldier Systems
GORE Military - Tactical Shelters
Categories About Us EmailArchives Home Tactical Fanboy Soldier Sytems Home

Revision Acquires Panacis

Canadian company Panacis has been making quite a bit of buzz over the past 18 months or so with their battery products for military applications; particularly the SharePack. Looks like they caught the eye of Revision which has been doing quite a bit of work in the Soldier Systems arena.

download

REVISION EXPANDS INTEGRATED SOLDIER SYSTEM CAPABILITY THROUGH ACQUISITION OF POWER MANAGEMENT TECHNOLOGY COMPANY

Montreal, QC (February 25, 2014) -– Revision Military, a world leader in protective soldier solutions, has expanded its capabilities by adding power management to its roster of integrated technologies, through the acquisition of Panacis, an Ottawa-based company focusing on Lithium ion rechargeable energy storage systems.

Advanced, electronic battlefield equipment such as networked radios, night-vision systems, GPS, smart phones and laptops, while increasing situational awareness and capability within smaller units, comes with the challenge of sustaining power for these devices, ideally without the weight and complexity that numerous types of batteries present.

“The opportunity for an integrated power management system that provides flexible storage and power management that can be easily adapted to a wide range of mission scenarios is extensive” said Jonathan Blanshay, CEO of Revision. “We are pleased to add power management – the ability to store, deliver, harvest, and share energy – to our roster of technologies in support of fully
integrating electronic equipment while lessening the battery burden on soldiers”.

Revision has been working collaboratively with Panacis on several projects, including reviewing power support for the “Prowler” Human Augmentation system and development of a conformal battery housed on the helmet developed for Natick under the HEaDS-UP ATO program, among a number of other initiatives where next generation energy management is crucial to soldier performance.

“We are delighted to be part of Revision Military and are looking forward to bringing our technological expertise, intellectual property, engineering strength and global program experience to provide highly efficient energy management and storage systems to the warfighter”, said Steve Carkner, founder and CTO of Panacis. “We welcome the opportunity that Revision offers to further commercialize our current products as well as new product ideas in support of Integrated Soldier Systems”.

“The expertise the Panacis team brings to the Revision portfolio of capability will allow Revision to offer a much more complete solution package to both users and partners such as Prime contractors” said Richard Coomber, Revision Military’s VP of Integrated Systems. “By integrating power, data management and protection in flexible ways Revision aims to become the solution provider of choice on a range of platforms. The history the Panacis and Revision teams bring in working together means that we can hit the ground running and deliver on our current projects and the exciting new ones our team can tackle, many of which are already in the pipeline”.

The acquisition is effective February 21, 2014, and the energy solutions team will continue to operate from Ottawa.

Tags: ,

4 Responses to “Revision Acquires Panacis”

  1. Congrats to both companies.

  2. Stefan S. says:

    Remember when tactics and good old fashioned war fighting were implemented? Oh crap my battery is dead call off the ambush!

  3. BigMikeMike says:

    At least you weren’t bought by Colt