Rheinmetall Acquires Canada's Provectus Robotics Solutions

Rheinmetall has acquired 100% stake in Canada-based firm "Provectus" to expand Rheinmetall’s technological capabilities in the field of robotics and autonomous driving.

Automation and digitization are among the vital Group-spanning technology clusters which Rheinmetall is systematically working to expand, concentrating knowledge and capacities in order to exploit additional future growth potential.

Founded in 2010, Provectus Robotics Solutions is a young company specializing in the development of advanced robotic systems and software. Though now owned by Rheinmetall Canada, Provectus will continue to operate under its previous managing director, Paul Rocco, the company said in a statement Friday.

Rheinmetall's Mission Master unmanned multi-mission vehicle is based on Provectus technology, some of which will serve in an unarmed logistic or reconnaissance role; while others will function as mobile weapon platforms, the company added.

The company is looking to apply expertise from the Canadian firm in implementing ISTAR (Intelligence, Surveillance, Target Acquisition and Reconnaissance), a major project of the Canadian armed forces which is now underway.