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Echotec News

25 May 2012

Northstar Electronics Finalises Echotec Takeover

Northstar Electronics, Inc is announcing today that they have completed the acquisition of Echotec Sonar, which is now a wholly owned subsidiary of the company. Terms of the deal fall in line with previous announcements and will be fully disclosed in regulatory filings. With Echotec now being the cornerstone entity of Northstar Electronics, the company plans to aggressively develop sonar systems needed by the defense, Homeland Security, commercial shipping, cruise ship and commercial fishing sectors. As well, Echotec will pursue contract opportunities to design, develop and build systems for particular projects in North America and internationally. Northstar will now be seeking new partners for joint developments, projects and for funding.

11 Apr 2012

Sonar Marketplace Offers Opportunities Say Northstar Electronics

Northstar Electronics, Inc. which previously signed a Letter of Intent to acquire Echotec Sonar Corp., is announcing revenue opportunities within the sonar marketplace, along with an update to the LOI. As previously announced, Echotec Sonar is developing High Definition Sonar (HDS) systems which are capable of 3-D imaging for the military, commercial shipping, and commercial fishing markets. As the potential market sectors are investigated, early sales applications have been identified which are accelerating the development of the products and solidifying early revenue projections. Leading market researcher, Documental Solutions…

05 Apr 2012

Marine Electronics – Sonar 3D Imaging Resolution Improved

Northstar Electronics, Inc. which previously signed a Letter of Intent to acquire Echotec Sonar, is announcing improvements in Echotec's sonar image quality. Echotec Sonar, through new techniques in sonar engineering, has recently made breakthroughs which have improved sonar image resolution levels by a measurable amount. The company has found a way to bring quality to a level where it is significantly better than the diffraction limit would normally allow. These performance gains are a direct result of the use of high bandwidth technology in a new and unique way. To the operators of the sonar equipment, this yields a much crisper image than they have experienced in the past with standard equipment.

16 Mar 2012

Northstar to Acquire Sonar Manufacturer

Sonar Security Alongside: Image credit Echotec

To expand its base of subsidiaries Northstar Electronics, Inc., a holding company with executive management specialized in design engineering, defense, advanced systems, security, sonar, systems integration, and prototyping fields informs of a letter of intent to purchase Echotec Sonar Corp, a cutting edgei manufacturer of High Definition Omni Sonar (HDOS) specifically targeted for the defense, scientific, commercial shipping and commercial fisheries markets. Echotec Sonar designs…