Avibras Indústria Aeroespacial and DefendTex remain committed to concluding the acquisition process, in accordance with the investment agreement signed by the parties. The investment agreement which remains in force, will conclude on the 30^th July (“closing” of the transaction) allowing a capital injection into Avibras Indústria Aeroespacial from this date and resumption of operations. The parties will release any new information as it arises.

 

About Avibras

Avibras is a Brazilian technology and innovation company with unique industrial capabilities, globally recognised for the excellence and quality of its products, systems, and engineering solutions in the Aerospace, Defense, Electronics, Vehicles, and Aeronautical sectors. With over 60 years of experience, Avibras has consolidated its position as one of the world's leading companies in the Defense and Aerospace segments.

 

About DefendTex

DefendTex is an international defense company headquartered in Australia and an established leader in multi-domain asymmetric warfare solutions. Providing world leading defense technologies, DefendTex’s capabilities include precision guided weapons, energetics, rocket manufacturing and loitering munitions. DefendTex has extensive experience in collaborative research, having commercialized ground breaking defense technologies.

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