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Elbit acquires Canadian underwater robotics firm ISE

PUBLIC · ESLTOct 20, 2026

Acquiring Company

Elbit

Acquired Company

International Submarine Engineering (ISE)

HaifaBurnabyManufacturingData And AnalyticsScience And EngineeringGovernment And MilitaryPrivacy And SecuritySecurityNational SecurityManufacturingRobotics

Description

Elbit Systems has completed the acquisition of International Submarine Engineering (ISE), a Canadian developer of autonomous underwater and remotely operated vehicles. The purchase price was not disclosed and described as not material to Elbit. The deal extends Elbit's unmanned technology portfolio into underwater intelligence, surveillance, mine countermeasures and anti-submarine warfare.

Company Information

Company

Elbit

Location

Haifa, Haifa District, Israel

About

Elbit Systems is a global defense electronics company engaged in a wide range of programs throughout the world. It provides high-tech systems and products for various defense sectors. The company focuses on the development of cutting-edge technologies to meet modern military challenges.

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Frequently asked

Who acquired International Submarine Engineering (ISE)?

International Submarine Engineering (ISE) was acquired by Elbit, based in Haifa. The deal was reported on October 20, 2026. Elbit Systems is a global defense electronics company engaged in a wide range of programs throughout the world. It provides high-tech systems and products for various defense sectors. Elbit is publicly traded (ESLT) and operates in Manufacturing.

When did Elbit acquire International Submarine Engineering (ISE)?

Elbit's acquisition of International Submarine Engineering (ISE) was reported on October 20, 2026. Elbit Systems has completed the acquisition of International Submarine Engineering (ISE), a Canadian developer of autonomous underwater and remotely operated vehicles. The purchase price was not disclosed and described as not material to Elbit. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does International Submarine Engineering (ISE) do?

International Submarine Engineering (ISE) is a Canadian developer of autonomous underwater vehicles, remotely operated vehicles, robotics and computer control systems. It is privately held, operating in Manufacturing, and is based in Burnaby.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.