Safran enters into exclusive discussions to acquire Orolia

Safran recently announced that it has entered into exclusive discussions to acquire Orolia from Eurazeo. Orolia supplies Resilient Positioning, Navigation and Timing (PNT) solutions that improve the reliability, performance and safety of critical civilian, military and space operations, including in harsh or altered Global Navigation Satellite System (GNSS) environments. Orolia has a broad portfolio of technologies across the Resilient PNT value-chain with full system capabilities and is a provider of PNT equipment, simulation and test solutions. Orolia is also providing emergency locator beacons for commercial aviation and military applications. The acquisition represents a unique opportunity for Safran and Orolia to