Arcanus Aerial Systems Inc. (“Arcanus”) and ENS Dynamics AG (“ENS”) are pleased to announce that they have entered into a Letter of Understanding (“LOU”) outlining the principal terms of a proposed strategic licensing and cooperation relationship focused on counter-unmanned aerial system (“C-UAS”) technology, production, and market development. The proposed arrangement is intended to combine ENS technology with Arcanus’ capabilities in sales, marketing, assembly, manufacturing, continuous improvement, service, and overhaul through a Canadian-domiciled platform. 

Under the LOU, the parties intend to work toward a definitive licensing and cooperation agreement that would position Arcanus as a Canadian-based producer, seller, and service provider for select ENS-derived C-UAS and related products, initially in Canada and, over time, in other mutually agreed markets. The framework also contemplates future product development, training, servicing, and broader market expansion.

The proposed collaboration is designed to support the creation of Canadian production capability for ENS C-UAS platforms and related products, while enabling both parties to jointly pursue commercial, government, and other opportunities. The parties also intend to cooperate on demonstrations, training, supply chain planning, and future strategic expansion in North America and other permitted jurisdictions.

“Signing this LOU is an important step toward building a full suite of Canadian-based platforms for advanced unmanned aerial systems,” said Sandi Banerjee, President & COO of Arcanus Aerial Systems Inc. “Our objective is to pair best in class technology with Canadian production, support capability, and market execution in a way that strengthens sovereign capacity and creates a scalable path for growth.”

Alexander Ens, CEO of ENS Dynamics AG, said: “We are pleased to establish this framework with Arcanus. The intention is to build a strong cooperative relationship that supports production, servicing, and future development opportunities.”

The parties will now begin negotiating definitive documentation and advancing the cooperative workstreams described in the LOU, including a licensing agreement, supply arrangements, demonstrations, and production readiness planning.