Business
ILUS Confirms the Incorporation of Its Defense Subsidiary, Hyperion Defense Solutions
ILUS Confirms the Incorporation of Its Defense Subsidiary, Hyperion Defense Solutions.
About this update from Ilustrato Pictures International Inc.
[{"type":"text","content":"\n NEW YORK, NY, Feb. 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - ILUS International Inc. (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and growing companies in the public safety, industrial, defense and renewable sectors. The company has incorporated Hyperion Defense Solutions to roll out its defense sector growth through several acquisitions and partnerships which are currently in progress. ILUS co-founded Hyperion Defense Solutions (Hyperion) alongside two experienced and esteemed British military veterans, Chris Derbyshire, and Tim Grey. Through their combined 34 years of military service and 22 years holding senior roles in the defense sector, they have amassed a wealth of technical expertise and senior level contacts as well as an acute understanding of defense customer requirements and military procurement processes. Building on this foundation, Hyperion is now rolling out its aggressive triple pronged growth strategy, which includes the following: 1.  Acquisition of defense companies with advanced technology that is critical to protecting warfighters and the communities they serve. 2.  Acquisition of the intellectual property rights to groundbreaking defense technology. 3.  Strategic partnerships which leverage senior relationships at both government and international organization level for participation in several large projects. The Global Defense market has been estimated to reach $718 billion in 2027, although newer data is expected to reflect higher projected growth due to the continued war in Ukraine, increased geo-political tensions in many regions globally, and an increase in cyber-terrorism threats. This and several additional factors have led to increased instability, placing heightened demand on the defense sector leading to increased growth. Hyperion aims to provide effective defense capability through advanced technology in the following key areas: ·  Joint Close Air Support (JCAS) ·  Counter Improvised Explosive Devices (CIED) ·  Security Risk Management ·  Simulation Technology and Services Hyperion offers agnostic turnkey solutions that provide improved capability directly to the warfighter. Through strategically aligned and profitable acquisitions, strong partnerships, and a network of trusted military veterans from both ...