BUSINESS News:
Verus® Research, a New Mexico-based team of scientists and engineers specializing in advanced research and development, announces it has been acquired by Radiance Technologies (Radiance), an Alabama-based, 100 percent employee- owned prime contractor that delivers innovative solutions to the Department of Defense (DoD) and intelligence community. Verus Research will become a wholly-owned subsidiary of Radiance while maintaining its operations in Albuquerque, N.M.
For more than 11 years, Verus Research has provided analysis, design, and proof of concept systems across the DoD in support of the U.S military. The company has developed and delivered cutting-edge solutions in high-power microwaves, radiation effects, electronic warfare, and autonomous controls for a variety of applications. The acquisition by Radiance Technologies allows Verus Research to deliver the same level of technical expertise and customer service while leveraging new capabilities in hypersonics, cyber, and high-energy lasers…