Dark Pulse has reportedly signed an LOI for the acquisition of Om Optel Industries.
August 30, 2022
Om Optel Industries Pvt. Ltd., a fibre optic cable and HDPE pipe manufacturer based in India might soon be acquired by DarkPulse Inc., 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 the infrastructure. DarkPulse has reportedly signed an LOI for the acquisition of Om Optel Industries.
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Established in 2015, Om Optel is a leading ISO 9000 and ISO 14000 company that maintains a state-of-the-art manufacturing facility for high-quality optical fibre cable (OFC), optical patch cords, multilayer poly films, HDPE pipes, and injection molding products. Om Optel is a professionally managed organisation that has developed its core competence in the manufacturing of valuable products using state-of-the-art technologies and excellence in services. It has achieved its growth and has expanded its capabilities by following best practices, keeping market demands in perspective and achieving the highest customer satisfaction.
“Nearly 65 percent of the cost associated with the installation of fibre 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 specialised optical sensing cable products,” said Mr. Dennis O’Leary, Chairman and CEO, DarkPulse Inc.
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“In addition, Om Optel’s HDPE pipe manufacturing business allows DarkPulse to offer gas pipeline products both with and without integrated leak detection capabilities,” added Mr. O’Leary.
DarkPulse and OM Kothari Group plan on working together across a multitude of industries including smart infrastructure. The acquisition will close after entering into a definitive acquisition agreement and customary due diligence.
