X-Bow Systems Inc (X-Bow), the leading non-traditional producer of advanced manufactured solid rocket motors (SRMs) and defense technologies, announced a new Memorandum of Understanding (MOU) with AEON Industrial Inc. (AEON), a defense technology company based in Austin, Texas. This partnership is centered on a mutual commitment to advancing the development and production of tactical missile systems.
The MOU establishes an understanding for collaboration between the parties for mutual benefit. Specifically, the parties will engage in discussions to explore working together to test, commercialize, and produce the SRM portion of AEON’s Zeus missile system. X-Bow and AEON will also jointly explore other missile and munition designs for potential joint development.
“We are thrilled to join forces with AEON, a company that shares our dedication to innovation and enhancing national defense capabilities,” said Maureen Gannon, Co-Founder and Chief Revenue Officer at X-Bow. “This MOU lays the groundwork for a powerful partnership that will leverage our combined expertise to deliver advanced and reliable systems for the warfighter.”
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“Our partnership with X-Bow is driven by our shared mission: to give the warfighter decisive overmatch,” said Naweed Tahmas, CEO of Aeon. “Zeus represents the first major advance in tactical weapon systems in decades. We’re proud to partner with X-Bow to expand its capability and ensure those on the front line can out-maneuver and win. Together, we will deliver affordable mass and in-theater production to provide true magazine depth where the mission needs it.”
SOURCE: PRNewswire