Rafael Australia has announced a $1.3 million strategic industrial partnership with Australian company Naeco Pvt Ltd, a Brisbane-based precision engineering small business specializing in thermal management.
Naeco has pioneered a world-first liquid cooling system for airborne radar, communication systems and electronic warfare (EW) equipment. Rafael is a leading brand in the development and manufacture of airborne systems, including the BNet communication system and EW technologies, which are currently employed by numerous leading air forces around the world.
“This industrial cooperation between Rafael and Naeco will see the two firms come together to export these advanced cooling systems, as part of Rafael’s global supply chain, to provide its customers with state-of-the-art defence solutions. In an environment of unprecedented disruption, this agreement will provide new export opportunities for products designed, developed and manufactured in Australia, creating local jobs in the process,” said a press release.
“Rafael was very impressed with the performance of Naeco and its technology during testing,” said Ido Spitzer, RAFAEL Australia’s General Manager.
Naeco’s Managing Director, Nathan Andrews, said the agreement was a significant step for the company. “We are extremely proud of our new partnership with RAFAEL, an internationally recognized leader in the defence industry. RAFAEL’s focus on partnering with innovative small businesses like Naeco makes this new venture both a natural fit and an enormous opportunity for our company to continue developing our world-leading capabilities.