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…
Northstar to Acquire Sonar Manufacturer
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…
