DarkPulse, Inc. (OTC: DPLS) (“DarkPulse”, “DPLS", or "the Company") today announced the closing of the acquisition of certain assets of Optilan UK Ltd including two operating subsidiaries. The subsidiaries acquired are Optilan India Pvt Ltd, a major engineering group that designed multiple installations across the globe including security, rail, oil and gas, telecoms and, most importantly, distributed fiber optic sensor systems (DFOSS). The second entity acquired is Optilan Communications & Security Systems Ltd (Turkey) who has played a key role in projects including the Trans-Anatolian Natural Gas Pipeline (TANAP) installation as well as maintenance services for one of the world’s largest pipelines and its operator. The Turkish-based company is also responsible for multiple contracts across the Middle East.
The acquisitions are in line with the Company’s operational requirements and to expand operations throughout India and open new operations capabilities in Europe, India and UAE as part of its global operations plan. In conjunction with the Company’s effort to begin full manufacturing of its patented high resolution Brillouin Optical Time Domain Analysis (BOTDA) fiber optic sensor systems the Company continues to secure key partnerships globally with a concentration in pipeline structural health monitoring and security.
“We are pleased to announce the closing of these key assets and appreciate the work by Eveyln Partners and the teams in both India and Turkey for helping us finalize the acquisition,” said Dennis O’Leary, founder and CEO of DarkPulse Inc. “We plan on expanding both India and Turkey teams which will bolster their decades of experience enabling the Company to begin its full sales and engineering operations inside the U.S. and globally.”
