Growing South Australian company Codan today announced it would buy the intellectual property of a United States-based communications business for $21 million.
Called Adaptive Dynamics, the company specialises in anti-jamming and interference mitigation technologies for mission-critical communications applicable to defence and national security systems.
According to a Codan press release, the new subsidiary would complement the Adelaide-based company’s technical capabilities in the US and would strengthen its positioning for next-generation defence programs.
This was particularly important for programs requiring resilient and secure communications, electronic warfare resilience and AI-enabled integration, the release said.
The deal was expected to be completed in the first half of the next financial year subject to customary regulatory approvals.
President of Codan’s US subsidiary DTC Communications Paul Sangster said Adaptive Dynamics’ technical expertise “strengthens our ability to deliver communications systems that perform under the most challenging operational conditions”.
“This acquisition further strengthens DTC’s positioning in next-generation defence opportunities requiring resilient communications, electronic warfare resilience, AI-based integration and mission assurance across increasingly contested spectrum environments,” Sangster said.
“This capability is increasingly critical for DTC’s customers reflecting real-world operational demands and evolving battlefield requirements.”
Listed in the ASX200 and now ranked number three in the 2025 South Australian Business Index, Codan is a group of innovative technology companies that design and manufacture technologies that operate in some of the harshest and most critical environments on earth.
Shares in Codan were up 2.60 per cent at the time of writing.
