L3 Harris Technologies

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Military Tech

Epirus is a high-growth technology company founded in 2018 that develops directed energy systems and power management solutions. The company's flagship product is Leonidas, a counter-electronics system that uses high-power microwave (HPM) technology to neutralize drone threats. Leonidas utilizes solid-state, software-defined technology enabled by Epirus' proprietary SmartPower platform. This allows the system to be smaller, more precise, and safer than traditional HPM systems. Leonidas can fit in the back of a pickup truck and has demonstrated the ability to counter swarming drones and execute precision strikes at range.
In addition to Leonidas, Epirus introduced a smaller, more portable version called Leonidas Pod in February 2022. Both systems can work together to create a layered defense network against incoming threats. The company's products are powered by its SmartPower technology platform, which uses machine learning and artificial intelligence to gate energy at the nanosecond level, increasing efficiency and maximizing output.
Epirus has rapidly scaled its operations since founding. As of February 2022, the company had around 200 employees, with about 150 working at its 100,000-square-foot headquarters in Torrance, California. In January 2023, Epirus was awarded a USD 66.1 million contract from the US Army's Rapid Capabilities and Critical Technologies Office to deliver prototype Leonidas systems.
Key customers and partnerships
Epirus has established partnerships with several defense organizations. In October 2021, the company announced an agreement to partner with General Dynamics Land Systems to have its Leonidas system mounted on General Dynamics' Stryker combat vehicles.
In April 2024, Epirus announced that its Leonidas technology would be tested against small vessels in the US Navy's 2024 Advanced Naval Technology Exercise-Coastal Trident (ANTX-CT24). This trial will examine how high-power microwaves can disable outboard motors and other maritime applications, expanding the potential use cases for Epirus' technology beyond counter-drone operations.

CesiumAstro, founded in 2017 and headquartered in Austin, Texas, specializes in developing high-throughput, software-defined phased array communication payloads for aerospace applications. The company's product offerings include active electronically steered arrays (AESAs) and software-defined radios for satellites, ground stations, high-altitude platform systems, and airborne platforms. CesiumAstro's technology enables flexible and efficient communication in space, allowing for beam steering, power modification, and mission adaptability. The company provides full-stack, multi-mission hardware and software solutions that cater to commercial, government, and defense objectives. CesiumAstro's products cover frequencies from L-band to V-band, with its first-generation S-band products shipped in 2020 and Ka-band products following in 2021. In January 2023, CesiumAstro acquired TXMission, a UK-based company specializing in software-defined radios and modems, further expanding its product portfolio and establishing a presence in the UK.
Key customers and partnerships
CesiumAstro's customer base includes notable organizations such as the Aerospace Corp., Airbus, Defense Advanced Research Projects Agency, Defense Innovation Unit, Honeywell, NASA, Northrop Grumman, the US Missile Defense Agency, and the US Navy. In May 2023, Raytheon announced plans to integrate seven of CesiumAstro's Vireo AESA RF communications payloads into its low-Earth orbit satellites being developed for the Pentagon's Space Development Agency's Proliferated Warfighter Space Architecture. The company has also formed strategic partnerships with aerospace industry leaders, including a collaboration with L3Harris Technologies.

Seasats is a San Diego-based company that designs and manufactures autonomous surface vehicles (ASVs) for military and commercial applications. Founded in 2020, Seasats produces solar-powered ASVs under the product name Lightfish, which can operate autonomously in all maritime environments for up to six months. The company's flagship product, the X3 micro-ASV, features a unique low-signature waterline design that makes it difficult to detect by sight and radar. Seasats' ASVs are designed to be versatile, with a modular payload bay that can accommodate various sensors and equipment for different missions. The vehicles are also compact and portable, allowing for easy deployment.
Seasats' ASVs can be used for a wide range of applications, including monitoring and predicting harmful algal blooms, mapping undersea reefs and vegetation, tracking marine mammals, hydrographic surveys, infrastructure monitoring, and scientific discovery. In the military sector, these vehicles enhance capabilities in counter-piracy, mine clearing, intelligence, surveillance, reconnaissance, and electronic warfare operations. In June 2024, Seasats and L3Harris Technologies successfully demonstrated the capabilities of an ASV during a 2,500-mile journey from San Diego to Pearl Harbor, showcasing the vehicle's seaworthiness and ability to operate continuously in challenging conditions.
Key customers and partnerships
Seasats has established partnerships with several organizations in both the military and scientific sectors. In 2021, the company participated in pilot missions with the Scripps Institution of Oceanography to probe water quality and conduct near-shore mapping and acoustic monitoring of sea mammals.
The US Navy has shown significant interest in Seasats' technology. In 2022, the company was invited to participate in the Navy's "Digital Horizon 2022" exercise, which focused on developing maritime domain awareness and accelerating robotic and artificial intelligence maritime capabilities. Seasats has also been involved with the Navy's Task Force 59, exploring artificial intelligence and unmanned technologies in the Arabian Peninsula.
In October 2022, L3Harris Technologies made a strategic investment of approximately USD 10 million in Seasats to accelerate the development and production of the X3 micro-ASV. This partnership aims to enhance the autonomous capabilities, artificial intelligence, and endurance of the X3 while potentially reducing production time by up to 75%.

CesiumAstro delivers communication systems for satellites, UAVs, launch vehicles, and other space or airborne platforms. Each of the company's products combines carefully selected COTS components with the traditional reliability necessary for aerospace systems. Its products enable connectivity between satellites, drones, planes, cars, and other mobile devices and generate electronically steerable beams of radio waves carrying information between the devices, and its software stitches the information together.

Seasats autonomous ocean vehicles provide remote monitoring and data collection for defense and commercial customers at a fraction of the cost, logistics, and risk compared to traditional methods.

Diveplane Corporation is a groundbreaking technology startup dedicated to keeping humanity in AI. Their first project is an Understandable AI decision system. They believe in Responsible AI, meaning machines ought to preserve, amplify, and empower the best intentions of humanity both in how they function technically, and how they are applied to solve problems – unlike uninterpretable black box systems that make life-altering decisions in an instant but can’t explain why. Their proprietary and patented AI platform is faster than current off-the-shelf solutions and can train on significantly less data, while also addressing the technical shortcomings and societal concerns that have kept many from trusting and adopting AI.

Mynaric (Nasdaq: MYNA; Frankfurt Stock Exchange: M0Y) builds wireless laser communication systems needed for aerospace communication networks such as satellite constellations. Laser communication networks provide connectivity from the sky, allowing for ultra-high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, mobility, airborne- and space-based applications. The company is headquartered in Munich, Germany, with additional locations in Los Angeles, California, and Washington, D.C.

Overwatch Imaging designs and manufactures imaging systems with custom onboard AI software for piloted aircraft and drones. The precision imaging systems help organizations quickly find what they are looking for from the air, so they can focus less on the search and more on the best response. Specific uses of Overwatch Imaging systems include automated land surveillance, maritime patrol and search, and linear infrastructure inspection. Overwatch Imaging was founded in 2016 by UAS and airborne imaging experts and is based in Hood River, Oregon.

Epirus is a high-growth technology company developing solid-state, software-defined directed energy systems that enable unprecedented counter-electronics effects and power management solutions to optimize power efficiency in defense and commercial applications. With a constant emphasis on innovation, we are redefining the future of power to bring tomorrow’s capabilities to life, today. And that’s just the beginning. Visit our website to learn more about our innovative approach and cutting-edge product lines.

DDN offers Digital Signage solutions at retail point of sale. DDN created 7-Eleven TV. The company is located in the United States and it was founded in 2007.

IBiquity Digital develops and licenses a digital HD Radio technology for AM and FM audio and data broadcasting in the United States and internationally. Its HD radio technology allows digital radio signals to ride the same airwaves as analog AM and FM radio broadcasts. The company provides a Gigaware Navigation Control HD Radio Receiver accessory and a Gigaware HD Radio application for iPhone and iPod touch users to receive HD Radio FM broadcasts. iBiquity Digital Corporation was formerly known as USA Digital Radio, Inc. The company was founded in 1991 and is based in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey; and Pontiac, Michigan.

Wavtrace is focused on the development of broadband wireless access systems that focus on the transmission of voice and video data. Wavtrace was founded by Robert Lundy and Vern Fotheringham in 1996. It is based in Bellevue, Washington.

L3 Harris Technologies is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of $5.4 billion and 16,000 employees — including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications® products, systems, and services.

<div> L3 Harris Technologies, Inc. (NYSE: LHX) is a global aerospace and defense technology company headquartered in Melbourne, Florida. The company was formed in 2019 through the merger of L3 Technologies and Harris Corporation. L3 Harris provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. Its main products and services include: <ul> <li> Communication systems </li> <li> Electronic systems </li> <li> Space and intelligence systems </li> <li> Aviation systems </li> <li> Integrated mission systems </li> </ul> L3 Harris employs approximately 47,000 people and serves customers in over 100 countries. For calendar year 2018, the combined company reported net revenue of approximately USD 16 billion. The company is a major defense contractor for the US government and military. Some of its largest recent contracts include: <ul> <li> A USD 6 billion contract to replace legacy SINCGARS radios for the US Army </li> <li> A USD 3.3 billion contract for communication equipment and services for the Department of Defense </li> <li> A USD 700 million contract to develop missile tracking satellites for the Space Development Agency </li> </ul> L3 Harris continues to focus on innovation, with plans to invest about 4% of revenue into independent research and development. The company aims to be a leader in areas like actionable intelligence, warfighter effectiveness, and spectrum superiority. </div>

Robotics and semi/fully autonomous ground, aerial, and marine vehicles that can be used for military applications, such as surveying, logistics, reconnaissance, and combat.

Developers of sophisticated and advanced defense equipment to counter emerging threats. These solutions include hypersonic flights, directed energy systems, and space militarization.

The use of AI technologies, data analytics, networks of sensors, wearables, and IoT devices in military applications to enhance military capabilities.

The use of simulation technologies such as VR and AR to construct STEs for combat training and mission rehearsals.

Fueling the future: Tech powering the oil and gas value chain

Oil & Gas Tech

Hardware and software solutions leveraging robotics, AI, sensors, Big Data, and drones to automate and enhance the oil and gas field exploration, extraction, and drilling processes.

Platforms for monitoring pipeline networks, oil and gas wells, and storage tanks, utilizing AI, sensors, and aerial imagery for data-driven decision-making and optimization.

Solutions utilizing advanced analytics and real-time data to predict operational outcomes, optimize schedules, and deploy predictive maintenance strategies to improve operational efficiency and minimize cost.

Solutions that use technologies like quantum sensing and electromagnetic tech for the detection and containment of gas leaks and oil spills, ensuring environmental protection.

Solutions specializing in safely storing and transporting oil and gas through the use of camera systems, sensor technology, AUVs, and ROVs, with a focus on inspection, explosion risk detection, and efficient delivery.

Operators of marketplaces that connect players across the oil and gas industry, facilitating trading, price tracking, and the buying, selling, and leasing of oil rights.

Technology to explore opportunities beyond Earth

Space Travel and Exploration Tech

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<div>
 Firefly Aerospace, a US-based aerospace firm, has entered into a multi-launch agreement with L3Harris Technologies, an international aerospace and defense technology company. The agreement involves 20 launches via Firefly's Alpha rocket.
 According to the agreement, there will be two to four missions every year between 2027 and 2031. The Alpha rocket will be used to deploy the L3Harris spacecraft into low-Earth orbit. Firefly's SLC-2 launch site at Vandenberg Space Force Base will be the prime location for these launches.
</div> Analyst QuickTake: 
 Firefly Aerospace first partnered with L3Harris in <a href="https: 
//sp-edge.com/updates/21555"> September 2023 </a> to launch three missions on the Alpha rocket in 2026. The missions will carry satellites designed and built by L3Harris under a USD 225 million contract from the US Government.

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