Rafael and Naeco Announce Joint Venture for Advanced Cooling Systems

Unique Liquid Cooling System Offers Greater Efficiency

Rafael Australia and Naeco Pty Ltd have announced a $1.3 million strategic industrial partnership aimed at exporting advanced cooling systems as part of Rafael’s global defence supply chain.

Based in Brisbane, Naeco specializes in thermal management engineering and has pioneered a  world-first liquid cooling system for airborne radar, communication systems and EW equipment. Rafael is a key developer and manufacturer of airborne systems, including the BNet communication system and EW technologies, currently employed by numerous air forces.

This industrial cooperation will see the two firms come together to export these advanced cooling systems as part of Rafael’s global supply chain, to provide customers with state-of-the-art defence solutions. In an environment of unprecedented disruption, this agreement will provide new export opportunities for products designed, developed and manufactured in Australia, creating local jobs in the process.

“Rafael was very impressed with the performance of Naeco and its technology during testing,” commented Ido Spitzer, Rafael Australia’s General Manager. “Following the establishment of VRA in Australia as a joint venture between Rafael and the Varley Group, we [now] enter into partnership with another Australian SME that shares our culture of innovation and collaboration. This partnership will lead to additional work packages for an Australian business at a time of significant uncertainty for local industry. We are particularly excited by Naeco’s comprehensive manufacturing and engineering expertise, specifically in the high-end aerospace sector.”

Naeco’s Managing Director, Nathan Andrews, stated that the agreement was a significant step for the company. “Rafael’s focus on partnering with innovative small businesses like Naeco makes this new venture both a natural fit and an enormous opportunity for our company to continue developing our world-leading capabilities. With Rafael’s support, Naeco will expand global exports of Australian defence technology like our liquid cooling system despite challenging global conditions. This partnership will allow us to keep factories open, employ more Australian workers and keep exports flowing in this time of economic hardship”.

Publish date

07/09/2020

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