Dark Pulse, Inc. (DarkPulse), a technology company focused on the manufacture, sale, installation, and monitoring of laser sensing systems based on its patented BOTDA dark-pulse sensor technology for assessing the health and security of infrastructure, announced it has signed an LOI for the acquisition of Om Optel Industries Pvt. Ltd., a Fiber Optic Cable and HDPE Pipe Manufacturer based in India (Om Optel).
Established in 2015, Om Optel is a leading ISO 9000 and ISO 14000 company which maintains a state-of-the-art manufacturing facility for high quality Optical Fiber Cable (OFC), Optical Patch Cords, Multilayer Polyfilms, HDPE pipes, and Injection Molding products.
“Nearly 65% of costs associated with the installation of fiber sensors is a direct result of the optical cables required for these installations. This acquisition will allow the Company to offer highly competitive installation pricing while affording DarkPulse the capability to design and manufacture highly specialized optical sensing cable products,” said DarkPulse Chairman and CEO, Dennis O’Leary.
“In addition, Om Optel’s HDPE pipe manufacturing business allows DarkPulse to offer gas pipeline products both with and without integrated leak detection capabilities,” O’Leary continued.
DarkPulse and OM Kothari Group plan on working together across a multitude of industries included Smart Infrastructure, a statement said.
The acquisition will close after entering into a definitive acquisition agreement and customary due diligence.
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