ILUS Confirms the
Incorporation of Its Defense Subsidiary, Hyperion Defense
Solutions
New York, NY -- February 13, 2023 -- InvestorsHub NewsWire -- ILUS
International Inc. (OTC:
ILUS) is a Mergers and Acquisitions company focused on
acquiring and growing companies in the public safety, industrial,
defense and renewable sectors. The company has incorporated
Hyperion Defense Solutions to roll out its defense sector growth
through several acquisitions and partnerships which are currently
in progress.
ILUS co-founded Hyperion Defense Solutions (Hyperion) alongside two
experienced and esteemed British military veterans, Chris
Derbyshire, and Tim Grey. Through their combined 34 years of
military service and 22 years holding senior roles in the defense
sector, they have amassed a wealth of technical expertise and
senior level contacts as well as an acute understanding of defense
customer requirements and military procurement processes.
Building on this foundation,
Hyperion is now rolling out its aggressive triple pronged growth
strategy, which includes the following:
1.
Acquisition of defense
companies with advanced technology that is critical to protecting
warfighters and the communities they serve.
2.
Acquisition of the
intellectual property rights to groundbreaking defense
technology.
3.
Strategic partnerships which
leverage senior relationships at both government and international
organization level for participation in several large
projects.
The Global Defense market has been estimated to reach $718 billion
in 2027, although newer data is expected to reflect higher
projected growth due to the continued war in Ukraine, increased
geo-political tensions in many regions globally, and an increase in
cyber-terrorism threats. This and several additional factors have
led to increased instability, placing heightened demand on the
defense sector leading to increased growth.
Hyperion aims to provide effective defense capability through
advanced technology in the following key areas:
·
Joint
Close Air Support (JCAS)
·
Counter
Improvised Explosive Devices (CIED)
·
Security Risk
Management
·
Simulation
Technology and Services
Hyperion offers agnostic turnkey solutions that provide improved
capability directly to the warfighter. Through strategically
aligned and profitable acquisitions, strong partnerships, and a
network of trusted military veterans from both regular and Special
Operations Forces (SOF), Hyperion aims to provide its customers
with the technological capability, solutions and services that will
protect their warfighters and provide them with a technological
advantage.
Currently, Hyperion is negotiating a large JCAS acquisition and is
also in talks to acquire the Intellectual Property Rights of
revolutionary Counter IED technology. The company has already
leveraged and continues to leverage its industry experience to
develop a network of mutually beneficial partnerships that will
complement these and future acquisitions.
Hyperion Defense Solutions has originally been incorporated by ILUS
in the United Kingdom. A link to the Hyperion Defense Solutions
website can be found here: https://hyperion-defence.com
"The formation of Hyperion is integral to the successful roll out
and scale up of our defense subsidiary. We expect this division to
deliver upwards of $15 million in profitable revenue this year
before it ramps up exponentially in 2024. More importantly though,
we believe Hyperion's technology could save thousands of lives
every year and prevent tens of thousands of critical injuries.
Using just one example, IED's (Improvised Explosive Devices) have
been responsible for the majority of civilian and military deaths
in war zones and account for nearly half of the US troop deaths in
war zones between 2011 and 2020. We aim to globally launch and
commercialize the groundbreaking technology which more efficiently
detects the explosive devices that are responsible for causing such
widespread and catastrophic loss of life. This is one of several
key areas where we believe Hyperion will play a valuable role in
delivering our overall ILUS vision," said ILUS Managing Director
John-Paul Backwell.
For further information on the companies, please see their
communication channels:
Website: https://ilus-group.com
Twitter: @ILUS_INTL
Contact:
Email: IR@Ilus-Group.com
Source: ILUS
Related Links
https://ilus-group.com
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and includes, but is not limited to, the (i) projected financial
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proceeds from, the sale of the shares being offered hereunder;
(iii) the expected development of the Company's business, projects,
and joint ventures; (iv) execution of the Company's vision and
growth strategy, including with respect to future M&A activity
and global growth; (v) sources and availability of third-party
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Company's projects that are currently underway, in development or
otherwise under consideration; (vi) renewal of the Company's
current customer, supplier and other material agreements; and (vii)
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the Company believes are reasonable assumptions, there can be no
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