Elite 360 Technologies Acquires Inflight Entertainment Innovator Esoteric

Elite 360 Technologies Secondary Logo

Elite 360 Technologies (E360), a subsidiary of the Elite Aerospace Group, announced today that it has officially completed the acquisition of inflight entertainment (IFE) innovator Esoteric. Given the recent trends toward improving passenger experience in the commercial aviation industry, the acquisition of Esoteric, which offers an array of solutions from USB charging devices to inflight entertainment and infotainment systems, bolsters E360’s suite of IFE solutions, and significantly enhances its value proposition.  

The acquisition of Esoteric brings with it multiple patent pending technologies such as the SkyDock™ product line, as well as all the capabilities and resources necessary to continue to bring new innovative products to the marketplace. To immediately enrich its current product offering, Elite 360 Technologies will be introducing custom fabricated USB cover plates, bezels, flip up covers, and a new line of iPad and tablet armrest and side ledge tablet holders.

On the acquisition of Esoteric, CEO of the Elite Aerospace Group Dustin Tillman commented: “It’s exciting to take the EAG value proposition into the IFE arena, where opportunities for innovation are seemingly limitless. The solutions that Elite 360 Technologies is now able to provide to the business and commercial aviation sectors illustrates our versatility in the industry, and willingness and ability to drive new products to market. Coupled with our expertise in manufactured products and engineering services, we believe this to be a winning proposition.” 

About Elite Aerospace Group EAG is an advanced design, engineering, manufacturing and technology leader within the aerospace industry. Elite is comprised of talented professionals who are passionately committed to providing the highest level of customer service and quality, while delivering cost-competitive supply availability solutions. EAG was formed by senior aviation officials who, tired of their expectations not being met, set out on a campaign for change — challenging conventionality in the marketplace and driving customer-centric part supply strategies. Elite is a proud contributor to the reshoring initiatives, focused on bringing manufacturing back to the United States. EAG's focus on its core values and commitment to excellence has made the company an attractive, competitive standout to consumers and investors alike. www.EliteAerospaceGroup.com

Contacts:

Zeeshawn Zia, COO, Elite Aviation Products / 949-783-7067 / [email protected]

Diane McNamara / 617-304-1940 / [email protected]

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Source: Elite Aerospace Group

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Tags: A&D, Acquisition, Aerospace, Aerospace and Defense, American Manufacturing, Aviation, Avionics, ITAR, M&A, Mergers and Acquisitions, Technology