Churchill Navigation and SHOTOVER merger
By Helicopters Staff
Churchill Navigation, which develops real-time augmented reality mapping and video systems used globally by law enforcement, search-and-rescue, military and broadcast television stations, announced it is merging with SHOTOVER Camera Systems, which manufacturers a range of gyro-stabilized camera systems for shooting aerial footage.
SHOTOVER Camera Systems majority shareholder, Helinet Aviation, remains as a shareholder in the new entity, which will be called SHOTOVER Systems Ltd.
The two merging companies have a long history of collaboration, with both pointing to how their complementary research and development capabilities can bring more advanced hardware and software products to the market.
“We’re incredibly excited to announce this union, which will take everything we’ve been working on since inception to the next level,” said Tom Churchill, founder and CEO, Churchill Navigation. “The SHOTOVER team shares our vision and commitment to create industry-leading products backed by a company culture that delivers exceptional customer support.”
SHOTOVER Systems will continue to operate from its primary locations in Boulder, Colorado, and Queenstown, New Zealand, as well as maintain its service-centre locations in Los Angeles, California, and Maintal, Germany.
Tom Churchill will lead the company as CEO, while current SHOTOVER Camera Systems CEO, Brad Hurndell, will remain with the firm as general manager.
“This is an exciting venture that will allow both companies to take our new and existing customers into the future,” said Hurndell. “The value that Churchill products offer our customers in mapping, augmented reality, and video processing brings game-changing opportunities we can’t wait to share.”