8 July 2025 – Arkeus is an Australian defence technologycompany specialising in autonomous optical systems. Its optical surveillancesystems operate across air, land, sea and space domains – specialising inextracting critical intelligence and surveillance information and disseminatingthat data in challenging or contested environments.

Arkeus is pleased to announce it has secured a $2.46 milliongrant under the Australian Government’s Industry Growth Program (IGP). Underthe grant agreement, Arkeus, and its Australian based investors, will be matchingthis investment, resulting in a $5.5m investment in scaling Arkeus Australianbased manufacturing capability. IGP is designed to support Australian small andmedium enterprises while undertaking innovative commercialisation projects. Precedingthe monetary grant, the IGP connected Arkeus with an advisor to provide specialisedadvice on Arkeus’ commercialisation plan.

Simon Olsen, CEO and co-founder of Arkeus, said “The IGPGrant follows on from investments Arkeus has been making over the past 12months in the domestic capacity and component redundancies across our Australiansupply chain. The $5.5 million in funding significantly increases our capacityto support not just the Australian Defence Force, but also our globalcustomers. We are not waiting to scale – we are scaling now.”

Arkeus will be using the grant to accelerate the company’s capabilityto build systems to meet the Australian Defence Force’s (ADF) requirements, aswell as growing export markets. Arkeus is already a trusted partner of the ADF,with the IGP grant coming after numerous successful contracts with theAustralian Army, Royal Australian Navy and the Royal Australian Air Force. “Arkeus is a partner who understands the operational need, can deliver itnow, and is already scaling our Australian based supply chain to support ourcustomers into the future. We are laser focussed on getting capabilityinto the field - rapidly,” said Olsen.

Arkeus’ technology is world-leading, allowing observation,tracking and decision-making to occur at a speed never seen before. Arkeus’Hyperspectral Optical Radar (HSOR) brings the depth of environmental awareness typicalof hyperspectral technology to the tactical edge, with Arkeus’ “ARK” AI enhancingdecision-making by delivering relevant information more efficiently andeffectively. HSOR uses edge based data analyses to enable collection andreporting to occur autonomously, without the need to send sensitive datathrough contested environments.

As the Australian Government increases its defence spending overthe next 10 years to deal with the dramatically changing security environment,Arkeus is ready to step up and provide innovative sovereign capabilities forthe ADF.

Arkeus | Optics & Autonomythrough Artificial Intelligence

For media enquiries: Erin Boutros (erin.boutros@arkeus.com)

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