HORIBA MIRA, the Leicestershire provider of automotive engineering, research and test services, has sold a majority stake in MIRA UGV, its Uncrewed Ground Vehicle (UGV) division.
IDV, which has over 85 years of experience in the development and manufacturing of protected vehicles for military use, is to become the majority shareholder in MIRA UGV, which will remain headquartered at MIRA Technology Park.
The agreement brings together IDV’s expertise as a manufacturer of defence vehicles with its technological know-how and global production capabilities, with HORIBA MIRA’s position as a sector-leading company in delivering state-of-the-art Uncrewed Ground Vehicle solutions.
The agreement also provides capital and capability to move HORIBA MIRA’s UGV platforms and technology to the next stage of development and production.