Training and support solutions vendor Pennant Australasia has acquired Brisbane-headquartered software company Absolute Data Group (ADG) as part of its strategy to increase its presence in its target growth markets of Australasia and North America.
Australian coastlines will come under scrutiny from satellites delivering more data and a picture of “hidden” maritime activity with the impending launch of new scouting satellites from space technology operator Kleos Space.
Australian-listed Kleos Space has entered the US market with a wholly-owned US subsidiary to integrate and sell its maritime intelligence data into US defence and security government markets.
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