Located in Quebec City, LR Tech is a leading player in the FTIR spectrometry field, offering cutting-edge instruments with unmatched resolution, speed, and accuracy. LR Tech leverages its deep industry know-how and long-standing expertise in key application markets such as Defense & Aerospace, Environmental Monitoring, and Meteorology.
TELOPS, located in Quebec City, is a subsidiary of Exosens and a renowned brand in hyperspectral imaging systems and cooled middle wave and long wave infrared cameras. TELOPS specializes in the design and manufacture of high-performance equipment for defense, industrial, and academic research applications. Additionally, TELOPS offers R&D services for optical systems technology development, tailored to meet the specific needs of its customers.
Exosens is a high-tech company with over 85 years of expertise in electro-optical technologies. It develops and manufactures advanced detection and imaging solutions, including cameras, detectors, and light intensifiers. Serving demanding environments, Exosens offers customized solutions and is recognized internationally for its innovation in optoelectronics, with over 1,600 employees across 10 sites in Europe and North America. Since June 2024 it is listed on Euronext Paris (ticker code: EXENS).
This acquisition will enhance Exosens’ instrument offerings for high-end detectors and imagers, specifically targeting the science and environmental markets for major academical, institutional and industrial players. It will further solidify Exosens’ position in high-performance instrumentation, leveraging its proven experience with the world’s leading research labs.
“We are excited to have found the ideal strategic partner in Telops and Exosens, with whom we share a strong long-term strategic alignment and mutual vision for future growth. We look forward to working together and achieving new milestones, such as the expansion of our combined application end-markets to which the LR Tech instruments will be sold. Our sincere appreciation goes to the Carlsquare team for their instrumental contribution, combining deep industrial technology expertise with extensive M&A experience and highly professional services to make this outcome possible.” – Luc Rochette, CEO of LR Tech
Carlsquare acted as the exclusive financial advisor to LR Tech on its sale to TELOPS/Exosens.
