ILUS Confirms the Incorporation of Its Defense Subsidiary, Hyperion Defense Solutions

Rhea-AI Summary

ILUS International Inc. (OTC: ILUS) has established Hyperion Defense Solutions to enhance its defense sector growth through acquisitions and strategic partnerships. Co-founded by two experienced British military veterans, Hyperion aims to acquire defense companies with advanced technology and intellectual property rights. The global defense market is projected to reach $718 billion by 2027, driven by geopolitical tensions and increased demand for security. Hyperion's strategy includes targeting technologies for Joint Close Air Support, Counter IED, and Security Risk Management. The company anticipates generating over $15 million in profitable revenue this year.

Positive

• Establishment of Hyperion Defense Solutions aimed at defense sector growth.
• Projected $15 million in profitable revenue for Hyperion in 2023.
• Strong foundation with military veterans bringing expertise and contacts.
• Focus on acquiring critical defense technologies and partnerships.

Negative

• None.

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 regular and Special Operations Forces (SOF), Hyperion aims to provide its customers with the technological capability, solutions and services that will protect their warfighters and provide them with a technological advantage.

Currently, Hyperion is negotiating a large JCAS acquisition and is also in talks to acquire the Intellectual Property Rights of revolutionary Counter IED technology. The company has already leveraged and continues to leverage its industry experience to develop a network of mutually beneficial partnerships that will complement these and future acquisitions.

Hyperion Defense Solutions has originally been incorporated by ILUS in the United Kingdom. A link to the Hyperion Defense Solutions website can be found here: https://hyperion-defence.com

“The formation of Hyperion is integral to the successful roll out and scale up of our defense subsidiary. We expect this division to deliver upwards of $15 million in profitable revenue this year before it ramps up exponentially in 2024. More importantly though, we believe Hyperion’s technology could save thousands of lives every year and prevent tens of thousands of critical injuries. Using just one example, IED’s (Improvised Explosive Devices) have been responsible for the majority of civilian and military deaths in war zones and account for nearly half of the US troop deaths in war zones between 2011 and 2020. We aim to globally launch and commercialize the groundbreaking technology which more efficiently detects the explosive devices that are responsible for causing such widespread and catastrophic loss of life. This is one of several key areas where we believe Hyperion will play a valuable role in delivering our overall ILUS vision,” said ILUS Managing Director John-Paul Backwell.

For further information on the companies, please see their communication channels:

Website: https://ilus-group.com

Twitter: @ILUS_INTL

Contact:

Email: IR@Ilus-Group.com

Source: ILUS

Related Links

https://ilus-group.com

Forward-Looking Statement

Certain information set forth in this press release contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The Securities and Exchange Commission ("SEC") has provided guidance to issuers regarding the use of social media to disclose material non-public information. In this regard, investors and others should note that we announce material financial information via official Press Releases, in addition to SEC filings, press releases, Questions & Answers sessions, public conference calls and webcasts also may take time from time to time. We use these channels as well as social media to communicate with the public about our company, our services, and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, considering the SEC's guidance, we encourage investors, the media, and others interested in our company to review the information we post on the following social & media channels:

website: https://ilus-group.com 

Twitter: OTC_ILUS

Note: ILUS Coin does not sit within ILUS International Inc (Ilustrato Pictures International Inc), so the public are recommended to follow the correct Media Channels relating to the public company OTC: ILUS

FAQ

What is ILUS International Inc.'s recent development in the defense sector?

ILUS International Inc. has co-founded Hyperion Defense Solutions to pursue growth through acquisitions and partnerships in the defense sector.

What financial expectations does ILUS have for Hyperion in 2023?

ILUS expects Hyperion Defense Solutions to generate upwards of $15 million in profitable revenue this year.

What are the key focus areas for Hyperion Defense Solutions?

Hyperion focuses on Joint Close Air Support, Counter IED technologies, and Security Risk Management.

What drives the growth of the global defense market according to ILUS?

The global defense market's growth is driven by geopolitical tensions and increased demand for security, projected to reach $718 billion by 2027.